What is Aliansce Sonae Shopping Centers Financial Strength?
Aliansce Sonae Shopping Centers 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.
Aliansce Sonae Shopping Centers's Interest Coverage for the quarter that ended in Dec. 2023 was 2.10.
Aliansce Sonae Shopping Centers's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.86.
As of today, Aliansce Sonae Shopping Centers's Altman Z-Score is 1.41.
Competitive Comparison of Aliansce Sonae Shopping Centers's Financial Strength
For the Real Estate Services subindustry, Aliansce Sonae Shopping Centers'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.
Aliansce Sonae Shopping Centers's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Aliansce Sonae Shopping Centers's Financial Strength distribution charts can be found below:
* The bar in red indicates where Aliansce Sonae Shopping Centers's Financial Strength falls into.
Aliansce Sonae Shopping Centers 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:
Aliansce Sonae Shopping Centers's Interest Expense for the
months ended in Dec. 2023 was $-37.1 Mil. Its Operating Income for the
months ended in Dec. 2023 was $77.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,062.5 Mil.
Aliansce Sonae Shopping Centers's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Aliansce Sonae Shopping Centers's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Aliansce Sonae Shopping Centers has a Z-score of 1.41, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.41 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.
Aliansce Sonae Shopping Centers (Aliansce Sonae Shopping Centers) Business Description
Traded in Other Exchanges
Address
Rua Dias Ferreira, 190/3rd Floor, Leblon, Rio de Janeiro, RJ, BRA
ALLOS SA Formerly Aliansce Sonae Shopping Centers SA is a full-service company engaged in investing, directly or indirectly in commercial centers, shopping malls, and similar ventures, and in other companies as a partner or stockholder, as well as rendering commercial advisory services, and management of shopping malls and condominiums. It has three operating segments; Rent refers to the operating leases of the shopping malls that include rent, assignment of the right of use, and transfer fee revenue, Parking lot refers to the operation of the parking lot of the shopping mall, and Rendering of services involves the trading, rental, and condominium management and development/planning services carried out in shopping malls owned by the Company and third parties.
Aliansce Sonae Shopping Centers (Aliansce Sonae Shopping Centers) Headlines
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