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Samor Reality (BOM:543376) Financial Strength : 5 (As of Sep. 2023)


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What is Samor Reality Financial Strength?

Samor Reality has the Financial Strength Rank of 5.

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.

Samor Reality's Interest Coverage for the quarter that ended in Sep. 2023 was 0.76. Samor Reality's debt to revenue ratio for the quarter that ended in Sep. 2023 was 4.80. As of today, Samor Reality's Altman Z-Score is 12.36.


Competitive Comparison of Samor Reality's Financial Strength

For the Real Estate - Development subindustry, Samor Reality'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.


Samor Reality's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Samor Reality's Financial Strength distribution charts can be found below:

* The bar in red indicates where Samor Reality's Financial Strength falls into.



Samor Reality 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:

Samor Reality's Interest Expense for the months ended in Sep. 2023 was ₹-5.63 Mil. Its Operating Income for the months ended in Sep. 2023 was ₹4.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹101.88 Mil.

Samor Reality's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*4.26/-5.634
=0.76

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

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

Samor Reality's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 101.882) / 21.236
=4.80

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.

Samor Reality has a Z-score of 12.36, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 12.36 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.


Samor Reality  (BOM:543376) 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.

Samor Reality has the Financial Strength Rank of 5.


Samor Reality Financial Strength Related Terms

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


Samor Reality (BOM:543376) Business Description

Traded in Other Exchanges
N/A
Address
Prahladnagar Road, FO F.401, Shop Atlantis, Near Reliance Pump, Anandnagar, Satellite, Ahmedabad, GJ, IND, 380015
Samor Reality Ltd is engaged in the business of contractor, builder, developer, organizer, and supervisor of all types of real estate constructions and also buying and selling of constructed houses, complexes, shopping offices, holiday resorts, etc. The company is registered to carry on the business of builders, and developers, buying and selling of real estate units, and trading of materials used in the business of real estate construction. The company operates only in India.

Samor Reality (BOM:543376) Headlines

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