What is Sahara One Media & Entertainment Financial Strength?
Sahara One Media & Entertainment has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Sahara One Media & Entertainment Ltd shows strong financial strength.
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.
Sahara One Media & Entertainment has no long-term debt (1).
Sahara One Media & Entertainment's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
As of today, Sahara One Media & Entertainment's Altman Z-Score is 1.03.
(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 Sahara One Media & Entertainment's Financial Strength
For the Entertainment subindustry, Sahara One Media & Entertainment'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.
Sahara One Media & Entertainment's Financial Strength Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sahara One Media & Entertainment's Financial Strength distribution charts can be found below:
* The bar in red indicates where Sahara One Media & Entertainment's Financial Strength falls into.
Sahara One Media & Entertainment 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:
Sahara One Media & Entertainment's Interest Expense for the
months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the
months ended in Dec. 2023 was ₹-4.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.
Sahara One Media & Entertainment's Interest Coverage for the quarter that ended in Dec. 2023 is
| Sahara One Media & Entertainment 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.
Sahara One Media & Entertainment'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.
Sahara One Media & Entertainment has a Z-score of 1.03, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.03 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.
Sahara One Media & Entertainment (BOM:503691) Business Description
Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Marg, 25-28, Floor-2, Plot No. 209, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sahara One Media & Entertainment Ltd is engaged in sales of television programmes and motion pictures production and distribution. The Television business operates in three television channels namely: SAHARA ONE, which is a General Entertainment Channel (GEC), FILMY which is a Hindi movie channel and FIRANGI which offers dubbed international shows and movies. The company operates in India.
Sahara One Media & Entertainment (BOM:503691) Headlines
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