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Swiss Military Consumer Goods (BOM:523558) Financial Strength : 10 (As of Dec. 2023)


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What is Swiss Military Consumer Goods Financial Strength?

Swiss Military Consumer Goods has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Swiss Military Consumer Goods 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.

Swiss Military Consumer Goods has no long-term debt (1). Swiss Military Consumer Goods's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Swiss Military Consumer Goods's Altman Z-Score is 29.09.

(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 Swiss Military Consumer Goods's Financial Strength

For the Apparel Manufacturing subindustry, Swiss Military Consumer Goods'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.


Swiss Military Consumer Goods's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Swiss Military Consumer Goods's Financial Strength distribution charts can be found below:

* The bar in red indicates where Swiss Military Consumer Goods's Financial Strength falls into.



Swiss Military Consumer Goods 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:

Swiss Military Consumer Goods's Interest Expense for the months ended in Dec. 2023 was ₹0 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹28 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil.

Swiss Military Consumer Goods's Interest Coverage for the quarter that ended in Dec. 2023 is

Swiss Military Consumer Goods had no long-term debt (1).

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

Good Sign:

Swiss Military Consumer Goods Ltd has no debt.

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

Swiss Military Consumer Goods's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 1989.56
=0.00

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.

Swiss Military Consumer Goods has a Z-score of 29.09, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 29.09 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.


Swiss Military Consumer Goods  (BOM:523558) 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.

Swiss Military Consumer Goods has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Swiss Military Consumer Goods Financial Strength Related Terms

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Swiss Military Consumer Goods (BOM:523558) Business Description

Traded in Other Exchanges
N/A
Address
W-39, Okhla Industrial Area, Phase-II, New Delhi, IND, 110020
Swiss Military Consumer Goods Ltd engages in marketing, selling, distribution, and trading of lifestyle products like men's personal range and home appliances range. The company also trade with devices like iron, de-humidifiers, blenders, OTG, electric kettles, ceiling fans. The company's product categories include Men's personal wear, Home appliances, and Travel luggage.

Swiss Military Consumer Goods (BOM:523558) Headlines

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