What is Bolsa Mexicana de ValoresB de CV Financial Strength?
Bolsa Mexicana de ValoresB de CV has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Bolsa Mexicana de Valores SAB de CV 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.
Bolsa Mexicana de ValoresB de CV has no long-term debt (1).
Bolsa Mexicana de ValoresB de CV's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00.
As of today, Bolsa Mexicana de ValoresB de CV's Altman Z-Score is 10.83.
(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 Bolsa Mexicana de ValoresB de CV's Financial Strength
For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB de CV'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.
Bolsa Mexicana de ValoresB de CV's Financial Strength Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Financial Strength distribution charts can be found below:
* The bar in red indicates where Bolsa Mexicana de ValoresB de CV's Financial Strength falls into.
Bolsa Mexicana de ValoresB de CV 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:
Bolsa Mexicana de ValoresB de CV's Interest Expense for the
months ended in Jun. 2023 was €0.0 Mil. Its Operating Income for the
months ended in Jun. 2023 was €25.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil.
Bolsa Mexicana de ValoresB de CV's Interest Coverage for the quarter that ended in Jun. 2023 is
| Bolsa Mexicana de ValoresB de CV had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Bolsa Mexicana de Valores SAB de CV has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Bolsa Mexicana de ValoresB de CV's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is
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.
Bolsa Mexicana de ValoresB de CV has a Z-score of 10.83, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 10.83 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.
Bolsa Mexicana de ValoresB de CV (FRA:BC51) Business Description
Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.
Bolsa Mexicana de ValoresB de CV (FRA:BC51) Headlines
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