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Dawn Properties (XZIM:DAWN.ZW) Financial Strength : 0 (As of Jun. 2020)


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What is Dawn Properties Financial Strength?

Dawn Properties has the Financial Strength Rank of 0.

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.

Dawn Properties's Interest Coverage for the quarter that ended in Jun. 2020 was 70.14. Dawn Properties's debt to revenue ratio for the quarter that ended in Jun. 2020 was 0.04. As of today, Dawn Properties's Altman Z-Score is 0.00.


Competitive Comparison of Dawn Properties's Financial Strength

For the Real Estate Services subindustry, Dawn Properties'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.


Dawn Properties's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dawn Properties's Financial Strength distribution charts can be found below:

* The bar in red indicates where Dawn Properties's Financial Strength falls into.



Dawn Properties 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:

Dawn Properties's Interest Expense for the months ended in Jun. 2020 was ZWL-0.31 Mil. Its Operating Income for the months ended in Jun. 2020 was ZWL21.60 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was ZWL3.47 Mil.

Dawn Properties's Interest Coverage for the quarter that ended in Jun. 2020 is

Interest Coverage=-1*Operating Income (Q: Jun. 2020 )/Interest Expense (Q: Jun. 2020 )
=-1*21.602/-0.308
=70.14

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

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

Dawn Properties's Debt to Revenue Ratio for the quarter that ended in Jun. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.444 + 3.468) / 117.822
=0.04

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.

Dawn Properties 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.


Dawn Properties  (XZIM:DAWN.ZW) 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.

Dawn Properties has the Financial Strength Rank of 0.


Dawn Properties Financial Strength Related Terms

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Dawn Properties Business Description

Traded in Other Exchanges
N/A
Address
100 Nelson Mandela Avenue, 8th Floor, Beverley Court, Harare, ZWE
Dawn Properties Ltd is a Zimbabwe-based company which operates in the Real Estate industry. The company's operating segment includes Property investments; Property consultancy and Property development. Property investments segment principal business is that of investing in investment properties in the form of seven hotel properties and tracts of land. It generates maximum revenue from the Property investments in the form of rental income from lessees and property valuation, management, and consultancy services.

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