GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Port Fleet 99 AD (XBUL:PF99) » Definitions » Financial Strength

Port Fleet 99 AD (XBUL:PF99) Financial Strength : 3 (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is Port Fleet 99 AD Financial Strength?

Port Fleet 99 AD 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:

Port Fleet 99 AD 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.

Port Fleet 99 AD did not have earnings to cover the interest expense. As of today, Port Fleet 99 AD's Altman Z-Score is 0.00.


Competitive Comparison of Port Fleet 99 AD's Financial Strength

For the Integrated Freight & Logistics subindustry, Port Fleet 99 AD'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.


Port Fleet 99 AD's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Port Fleet 99 AD's Financial Strength distribution charts can be found below:

* The bar in red indicates where Port Fleet 99 AD's Financial Strength falls into.



Port Fleet 99 AD 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:

Port Fleet 99 AD's Interest Expense for the months ended in . 20 was лв0.00 Mil. Its Operating Income for the months ended in . 20 was лв0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was лв0.00 Mil.

Port Fleet 99 AD's Interest Coverage for the quarter that ended in . 20 is

Port Fleet 99 AD had no long-term debt (1).

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

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

Port Fleet 99 AD'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.

Port Fleet 99 AD 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.


Port Fleet 99 AD  (XBUL:PF99) 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.

Port Fleet 99 AD 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.


Port Fleet 99 AD Financial Strength Related Terms

Thank you for viewing the detailed overview of Port Fleet 99 AD's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Port Fleet 99 AD (XBUL:PF99) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Petko R. Slaveykov Square No. 1, 6th Floor, Varna, BGR, 9000
Port Fleet 99 AD provides towing and manoeuvring of ships and floating sites. Also, the company provides emergency rescue operations.

Port Fleet 99 AD (XBUL:PF99) Headlines

No Headlines