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Bunge (NYSE:BG) Financial Strength

: 7 (As of Mar. 2023)
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Bunge 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.

Bunge's Interest Coverage for the quarter that ended in Mar. 2023 was 7.39. Bunge's debt to revenue ratio for the quarter that ended in Mar. 2023 was 0.11. As of today, Bunge's Altman Z-Score is 4.22.


Competitive Comparison

For the Farm Products subindustry, Bunge'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.

   

Bunge Financial Strength Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bunge's Financial Strength distribution charts can be found below:

* The bar in red indicates where Bunge's Financial Strength falls in comparison to its industry or sector. The grey bar indicates the Financial Strength's extreme value range as defined by GuruFocus.



Bunge 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:

Bunge's Interest Expense for the months ended in Mar. 2023 was $-112 Mil. Its Operating Income for the months ended in Mar. 2023 was $828 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $4,802 Mil.

Bunge's Interest Coverage for the quarter that ended in Mar. 2023 is

Interest Coverage=-1*Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*828/-112
=7.39

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

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

Bunge's Debt to Revenue Ratio for the quarter that ended in Mar. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1816 + 4802) / 61312
=0.11

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.

Bunge has a Z-score of 4.22, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.22 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.


Bunge  (NYSE:BG) 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.

Bunge has the Financial Strength Rank of 7.


Bunge Financial Strength Related Terms

Thank you for viewing the detailed overview of Bunge's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Bunge (NYSE:BG) Business Description

Bunge logo
Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Founded in 1818, Bunge is a global agribusiness and food company with operations along the farm-to-consumer food chain. The agribusiness segment generates roughly two thirds of profits and includes the largest oilseed processing capacity globally. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.
Executives
Lustosa De Andrade Eliane Aleixo director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Michael Kobori director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kenneth Simril director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Deborah Borg officer: EVP & Chief HR, Comms Officer BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Julio Garros officer: Pres, Ag Develop, Ops & Mill C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Gregory A Heckman director, officer: Chief Executive Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Robert Wagner officer: Chief Risk Officer 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MT 63017
Joseph Podwika officer: EVP and Chief Legal Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Aaron Buettner officer: SVP, Bunge Loders Croklaan C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Brian Zachman officer: President Global Risk Mgmnt C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Christos Dimopoulos officer: Pres., Global Supply Chains C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Winship Henry Ward Iv director PO BOX 8614, RANCHO SANTA FE CA 92067
John W Neppl officer: EVP, Chief Financial Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Vinita Bali director C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606

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