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Mir Akhter Hossain (DHA:MIRAKHTER) Financial Strength

: 3 (As of . 20)
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Mir Akhter Hossain 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:

Mir Akhter Hossain 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.

Mir Akhter Hossain did not have earnings to cover the interest expense. As of today, Mir Akhter Hossain's Altman Z-Score is 0.00.


Mir Akhter Hossain (DHA:MIRAKHTER) Financial Strength Competitive Comparison

For the Engineering & Construction subindustry, Mir Akhter Hossain'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.

   

Mir Akhter Hossain (DHA:MIRAKHTER) Financial Strength Distribution

For the Construction industry and Industrials sector, Mir Akhter Hossain's Financial Strength distribution charts can be found below:

* The bar in red indicates where Mir Akhter Hossain's Financial Strength falls into.



Mir Akhter Hossain 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:

Mir Akhter Hossain'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.

Mir Akhter Hossain's Interest Coverage for the quarter that ended in . 20 is

Mir Akhter Hossain had no debt.

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

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

Mir Akhter Hossain'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.

Mir Akhter Hossain has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Mir Akhter Hossain  (DHA:MIRAKHTER) 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.

Mir Akhter Hossain 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.


Mir Akhter Hossain Financial Strength Related Terms

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


Mir Akhter Hossain (DHA:MIRAKHTER) Business Description

Mir Akhter Hossain logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
71-72 Old Elephant Road, Eskaton Garden, Red Crescent Borak Tower, Level 7-10, Dhaka, BGD, 1000
Mir Akhter Hossain Ltd is an engineering and construction company that operates in projects including constructions of roads, bridges, highways, railway tracks, airports, discharge channels, 5-star luxury hotels, civil construction of power plants, functional buildings, factory buildings, and complex infrastructural projects. The company is also engaged in gas pad drilling using utility rigs, river dredging, the manufacturing of railway sleepers and poles, and soil stabilization.

Mir Akhter Hossain (DHA:MIRAKHTER) Headlines

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