DiDi Global (DiDi Global) Financial Strength

: 8 (As of Dec. 2023)

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DiDi Global has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

DiDi Global Inc 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.

DiDi Global did not have earnings to cover the interest expense. DiDi Global's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.05. As of today, DiDi Global's Altman Z-Score is 3.22.

Competitive Comparison

For the Software - Application subindustry, DiDi Global'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.

DiDi Global Financial Strength Distribution

For the Software industry and Technology sector, DiDi Global's Financial Strength distribution charts can be found below:

* The bar in red indicates where DiDi Global's Financial Strength falls into.

DiDi Global 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:

DiDi Global's Interest Expense for the months ended in Dec. 2023 was $-6 Mil. Its Operating Income for the months ended in Dec. 2023 was $-255 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $225 Mil.

DiDi Global's Interest Coverage for the quarter that ended in Dec. 2023 is

DiDi Global did not have earnings to cover the interest expense.

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

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

DiDi Global'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
	=	(1132.814	+	225.096)	/	27684.94
	=	0.05

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.

DiDi Global has a Z-score of 3.22, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.22 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.

DiDi Global (OTCPK:DIDIY) 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.

DiDi Global has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

DiDi Global Financial Strength Related Terms

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DiDi Global (DiDi Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DiDi Global Inc (OTCPK:DIDIY) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

92S:Germany

Address

North Ring Road, Tangjialing, Building 1, Yard 6, Haidian District, Beijing, CHN

Website

https://www.didiglobal.com

DiDi Global Inc is a mobility technology platform. It is building four key components of its platform that work together to improve the consumer experience: shared mobility, auto solutions, electric mobility, and autonomous driving. It is a go-to brand in China for shared mobility, providing consumers with a range of safe, affordable, and convenient mobility services, including ride-hailing, taxi-hailing, chauffeur, hitch, and other forms of shared mobility. The company operates in three segments: China Mobility, which mainly includes ride-hailing services to riders, and also acts as an agent by connecting end-users to service providers who provide taxi hailing, chauffeur, hitch, and other services; International; and Other Initiatives.