Companias CIC (XSGO:CIC) Financial Strength

: 4 (As of Dec. 2023)

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Companias CIC has the Financial Strength Rank of 4.

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.

Companias CIC's Interest Coverage for the quarter that ended in Dec. 2023 was 1.37. Companias CIC's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.29. As of today, Companias CIC's Altman Z-Score is 1.75.

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Companias CIC'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.

Companias CIC Financial Strength Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Companias CIC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Companias CIC's Financial Strength falls into.

Companias CIC 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:

Companias CIC's Interest Expense for the months ended in Dec. 2023 was CLP-592 Mil. Its Operating Income for the months ended in Dec. 2023 was CLP809 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP4,625 Mil.

Companias CIC's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	809.382	/	-592.145
	=	1.37

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

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

Companias CIC'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
	=	(20284.325	+	4624.949)	/	87375.436
	=	0.29

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.

Companias CIC has a Z-score of 1.75, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.75 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.

Companias CIC (XSGO:CIC) 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.

Companias CIC has the Financial Strength Rank of 4.

Companias CIC Financial Strength Related Terms

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Companias CIC (XSGO:CIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Companias CIC SA (XSGO:CIC) » Definitions » Financial Strength

Traded in Other Exchanges

N/A

Address

Esquina Blanca 960, Santiago, CHL, 9595

Website

http://www.cic.cl

Companias CIC SA provides products and services for home furnishing and decoration. Its product portfolio includes beds and mattresses, furniture and textiles. Some of its products are American box bed, box design bed, sofas, wood game, mattresses, dining products, bedroom furniture and among others.

Companias CIC (XSGO:CIC) Headlines

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