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Societe Moderne de Ceramique (XTUN:SOMOC) Financial Strength : 7 (As of . 20)


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What is Societe Moderne de Ceramique Financial Strength?

Societe Moderne de Ceramique has the Financial Strength Rank of 7.

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.

Societe Moderne de Ceramique did not have earnings to cover the interest expense. As of today, Societe Moderne de Ceramique's Altman Z-Score is 0.00.


Competitive Comparison of Societe Moderne de Ceramique's Financial Strength

For the Building Products & Equipment subindustry, Societe Moderne de Ceramique'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.


Societe Moderne de Ceramique's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Societe Moderne de Ceramique's Financial Strength distribution charts can be found below:

* The bar in red indicates where Societe Moderne de Ceramique's Financial Strength falls into.



Societe Moderne de Ceramique 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:

Societe Moderne de Ceramique's Interest Expense for the months ended in . 20 was TND0.00 Mil. Its Operating Income for the months ended in . 20 was TND0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TND0.00 Mil.

Societe Moderne de Ceramique's Interest Coverage for the quarter that ended in . 20 is

Societe Moderne de Ceramique had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Societe Moderne de Ceramique's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Societe Moderne de Ceramique has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


Societe Moderne de Ceramique  (XTUN:SOMOC) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Societe Moderne de Ceramique has the Financial Strength Rank of 7.


Societe Moderne de Ceramique Financial Strength Related Terms

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Societe Moderne de Ceramique (XTUN:SOMOC) Business Description

Traded in Other Exchanges
N/A
Address
Menzel Hayet, Zaramdine, Monastir, TUN, 5033
Societe Moderne de Ceramique SA is engaged in the manufacturing and marketing of ceramic tiles, stoneware porcelain, and earthenware, sanitary fittings, cast iron, and bath tubs.

Societe Moderne de Ceramique (XTUN:SOMOC) Headlines

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