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Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Financial Strength : 5 (As of Dec. 2023)


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What is Compania Pesquera Camanchaca Financial Strength?

Compania Pesquera Camanchaca 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.

Compania Pesquera Camanchaca did not have earnings to cover the interest expense. Compania Pesquera Camanchaca's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.40. As of today, Compania Pesquera Camanchaca's Altman Z-Score is 1.58.


Competitive Comparison of Compania Pesquera Camanchaca's Financial Strength

For the Farm Products subindustry, Compania Pesquera Camanchaca'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.


Compania Pesquera Camanchaca's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Compania Pesquera Camanchaca's Financial Strength distribution charts can be found below:

* The bar in red indicates where Compania Pesquera Camanchaca's Financial Strength falls into.



Compania Pesquera Camanchaca 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:

Compania Pesquera Camanchaca's Interest Expense for the months ended in Dec. 2023 was CLP-3,706 Mil. Its Operating Income for the months ended in Dec. 2023 was CLP-26,874 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP177,580 Mil.

Compania Pesquera Camanchaca's Interest Coverage for the quarter that ended in Dec. 2023 is

Compania Pesquera Camanchaca 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.

Compania Pesquera Camanchaca'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
=(50455.636 + 177579.851) / 564816.1
=0.40

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.

Compania Pesquera Camanchaca has a Z-score of 1.58, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.58 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.


Compania Pesquera Camanchaca  (XSGO:CAMANCHACA) 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.

Compania Pesquera Camanchaca has the Financial Strength Rank of 5.


Compania Pesquera Camanchaca Financial Strength Related Terms

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Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Business Description

Traded in Other Exchanges
N/A
Address
Av.El Golf 99, Piso 10, Las Condes, Santiago, CHL
Compania Pesquera Camanchaca SA is engaged in pelagic fishing, production of fish meal, fish oil & canned products. It also engages in salmon aquaculture & cultivation of mussels, oysters & abalone. Its activities includes research and capture, hunt, collect and harvest hydrobiological resources; conservation, freezing and application of preservation techniques for hydrobiological species; the production of products from of any hydrobiological species.

Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Headlines

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