What is BAVARIA Industries Group AG Financial Strength?
BAVARIA Industries Group AG has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
BAVARIA Industries Group AG shows strong financial strength.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
BAVARIA Industries Group AG did not have earnings to cover the interest expense.
BAVARIA Industries Group AG's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.10.
As of today, BAVARIA Industries Group AG's Altman Z-Score is 6.50.
Competitive Comparison of BAVARIA Industries Group AG's Financial Strength
For the Asset Management subindustry, BAVARIA Industries Group AG's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
BAVARIA Industries Group AG's Financial Strength Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, BAVARIA Industries Group AG's Financial Strength distribution charts can be found below:
* The bar in red indicates where BAVARIA Industries Group AG's Financial Strength falls into.
BAVARIA Industries Group AG Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
BAVARIA Industries Group AG's Interest Expense for the
months ended in Jun. 2023 was €-0.4 Mil. Its Operating Income for the
months ended in Jun. 2023 was €-1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €12.3 Mil.
BAVARIA Industries Group AG's Interest Coverage for the quarter that ended in Jun. 2023 is
| BAVARIA Industries Group AG did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
BAVARIA Industries Group AG's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
BAVARIA Industries Group AG has a Z-score of 6.50, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 6.5 is strong.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BAVARIA Industries Group AG (XTER:B8A) Business Description
Traded in Other Exchanges
Address
Bavariaring 24, Munich, DEU, 80336
BAVARIA Industries Group AG is a Germany-based holding company that acquires underperforming companies and boosts their performance through active management. The company's portfolio comprises companies from the areas of serial production and automotive, plant engineering and construction, and business services. It pursues three objectives, cutting costs, developing new sources of turnover and protecting jobs wherever possible. It relies on the initiative of the investee company's workforce to boost innovation and avoid all forms of waste, such as reject rates or unnecessary downtime during production.
BAVARIA Industries Group AG (XTER:B8A) Headlines
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