What is ABG Sundal Collier Holding ASA Financial Strength?
ABG Sundal Collier Holding ASA 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.
ABG Sundal Collier Holding ASA has no long-term debt (1).
ABG Sundal Collier Holding ASA's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.10.
As of today, ABG Sundal Collier Holding ASA's Altman Z-Score is 1.39.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of ABG Sundal Collier Holding ASA's Financial Strength
For the Capital Markets subindustry, ABG Sundal Collier Holding ASA'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.
ABG Sundal Collier Holding ASA's Financial Strength Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ABG Sundal Collier Holding ASA's Financial Strength distribution charts can be found below:
* The bar in red indicates where ABG Sundal Collier Holding ASA's Financial Strength falls into.
ABG Sundal Collier Holding ASA 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:
ABG Sundal Collier Holding ASA's Interest Expense for the
months ended in Mar. 2024 was $0.0 Mil. Its Operating Income for the
months ended in Mar. 2024 was $6.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.0 Mil.
ABG Sundal Collier Holding ASA's Interest Coverage for the quarter that ended in Mar. 2024 is
| ABG Sundal Collier Holding ASA had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. ABG Sundal Collier Holding ASA has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
ABG Sundal Collier Holding ASA's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
ABG Sundal Collier Holding ASA has a Z-score of 1.39, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.39 is in distress zone. This implies bankruptcy 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.
ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Business Description
Traded in Other Exchanges
Address
Ruselokkveien 26, 8th floor, Oslo, NOR, 0251
ABG Sundal Collier Holding ASA is engaged predominantly in the Norwegian capital markets industry. There are three reporting segments representing the following product levels: Corporate Financing, M&A and Advisory and Brokerage and Research. Investment banking and capital markets activities are at the core of the business and have always been a key focus of the firm. Geographically, the company has operations in Norway, Sweden, Denmark, and International, and the majority is from Norway.
ABG Sundal Collier Holding ASA (ABG Sundal Collier Holding ASA) Headlines
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