What is Al Yahtellite Communications Co PJSC Financial Strength?
Al Yahtellite Communications Co PJSC has the Financial Strength Rank of 4.
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.
Al Yahtellite Communications Co PJSC's Interest Coverage for the quarter that ended in Dec. 2023 was 1.62.
Al Yahtellite Communications Co PJSC's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.82.
As of today, Al Yahtellite Communications Co PJSC's Altman Z-Score is 1.74.
Competitive Comparison of Al Yahtellite Communications Co PJSC's Financial Strength
For the Telecom Services subindustry, Al Yahtellite Communications Co PJSC'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.
Al Yahtellite Communications Co PJSC's Financial Strength Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Al Yahtellite Communications Co PJSC's Financial Strength distribution charts can be found below:
* The bar in red indicates where Al Yahtellite Communications Co PJSC's Financial Strength falls into.
Al Yahtellite Communications Co PJSC 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:
Al Yahtellite Communications Co PJSC's Interest Expense for the
months ended in Dec. 2023 was د.إ-85 Mil. Its Operating Income for the
months ended in Dec. 2023 was د.إ138 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ1,388 Mil.
Al Yahtellite Communications Co PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Al Yahtellite Communications Co PJSC's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Al Yahtellite Communications Co PJSC has a Z-score of 1.74, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.74 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.
Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Business Description
Traded in Other Exchanges
N/A
Address
Abu Dhabi, Al Falah City, ARE
Al Yah Satellite Communications Co PJSC is a fixed and mobile satellite services operator offering integrated satellite communications solutions to over 150 countries across Europe, the Middle East, Africa, South America, Asia, and Australasia. It provides multipurpose satellite solutions to both government and commercial for broadband, broadcast, defense, and communications. The segments include the Infrastructure segment, Managed Solutions segment, Mobility Solutions segment, Data Solutions (BCS) segment, and Others. The majority is from the Infrastructure segment, which provides long-term satellite capacity leases, and satellite operation services. Geographically, it generates the majority of its revenue from the United Arab Emirates.
Al Yahtellite Communications Co PJSC (ADX:YAHSAT) Headlines
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