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Crystal Insurance Co (DHA:CRYSTALINS) Financial Strength

: 3 (As of . 20)
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Crystal Insurance Co has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Crystal Insurance Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Crystal Insurance Co did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.


Crystal Insurance Co 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:

Crystal Insurance Co's Interest Expense for the months ended in . 20 was BDT0.00 Mil. Its Operating Income for the months ended in . 20 was BDT0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was BDT0.00 Mil.

Crystal Insurance Co's Interest Coverage for the quarter that ended in . 20 is

Crystal Insurance Co had no debt.

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

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

Crystal Insurance Co's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Crystal Insurance Co  (DHA:CRYSTALINS) 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.

Crystal Insurance Co has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Crystal Insurance Co Financial Strength Related Terms

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


Crystal Insurance Co (DHA:CRYSTALINS) Business Description

Crystal Insurance Co logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
65/2/2, Box Culvert Road, DR Tower, 14th floor, Purana Paltan, Dhaka, BGD, 1000
Crystal Insurance Co Ltd is a general insurance company. The products and services offered by the company include Fire Insurance, Engineering Insurance, Motor Insurance, Marine Cargo Insurance, Miscellaneous and Liability Insurance.
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