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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Financial Strength : 5 (As of Dec. 2023)


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What is Qualicorp Consultoria E Corretora De Seguros Financial Strength?

Qualicorp Consultoria E Corretora De Seguros 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.

Qualicorp Consultoria E Corretora De Seguros's Interest Coverage for the quarter that ended in Dec. 2023 was 2.20. Qualicorp Consultoria E Corretora De Seguros's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.35. As of today, Qualicorp Consultoria E Corretora De Seguros's Altman Z-Score is 0.72.


Competitive Comparison of Qualicorp Consultoria E Corretora De Seguros's Financial Strength

For the Healthcare Plans subindustry, Qualicorp Consultoria E Corretora De Seguros'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.


Qualicorp Consultoria E Corretora De Seguros's Financial Strength Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Financial Strength distribution charts can be found below:

* The bar in red indicates where Qualicorp Consultoria E Corretora De Seguros's Financial Strength falls into.



Qualicorp Consultoria E Corretora De Seguros 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:

Qualicorp Consultoria E Corretora De Seguros's Interest Expense for the months ended in Dec. 2023 was R$-76 Mil. Its Operating Income for the months ended in Dec. 2023 was R$166 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,658 Mil.

Qualicorp Consultoria E Corretora De Seguros's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*166.164/-75.582
=2.20

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

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

Qualicorp Consultoria E Corretora De Seguros'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
=(579.706 + 1657.507) / 1657.68
=1.35

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.

Qualicorp Consultoria E Corretora De Seguros has a Z-score of 0.72, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.72 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.


Qualicorp Consultoria E Corretora De Seguros  (BSP:QUAL3) 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.

Qualicorp Consultoria E Corretora De Seguros has the Financial Strength Rank of 5.


Qualicorp Consultoria E Corretora De Seguros Financial Strength Related Terms

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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria E Corretora De Seguros SA is a full-service healthcare benefits administrator and health management service provider in Brazil. The company administers and manages health benefits by combining pre and post-sale services via a wide range of medical and administrative solutions designed to create value for its clients, customers and partners. It provides benefits administration, billing, benefits planning consulting, health insurance brokerage, health risk management services, analysis and reporting of loss ratios and third-party administration services. The Company has only one reportable segment: the Affinity segment. It operates in this segment through its subsidiaries.

Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Headlines

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