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Belimo Holding AG (XSWX:BEAN) Financial Strength : 10 (As of Dec. 2023)


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What is Belimo Holding AG Financial Strength?

Belimo Holding AG has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Belimo Holding AG 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.

Belimo Holding AG did not have earnings to cover the interest expense. Belimo Holding AG's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Belimo Holding AG's Altman Z-Score is 27.60.


Competitive Comparison of Belimo Holding AG's Financial Strength

For the Building Products & Equipment subindustry, Belimo Holding AG'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.


Belimo Holding AG's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Belimo Holding AG's Financial Strength distribution charts can be found below:

* The bar in red indicates where Belimo Holding AG's Financial Strength falls into.



Belimo Holding AG 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:

Belimo Holding AG's Interest Expense for the months ended in Dec. 2023 was CHF1.3 Mil. Its Operating Income for the months ended in Dec. 2023 was CHF67.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil.

Belimo Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is

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

Good Sign:

Belimo Holding AG has no debt.

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

Belimo Holding AG'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
=(0 + 0) / 820.844
=0.00

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.

Belimo Holding AG has a Z-score of 27.60, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 27.6 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.


Belimo Holding AG  (XSWX:BEAN) 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.

Belimo Holding AG has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Belimo Holding AG Financial Strength Related Terms

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Belimo Holding AG (XSWX:BEAN) Business Description

Traded in Other Exchanges
Address
Brunnenbachstrasse 1, Hinwil, CHE, 8340
Belimo Holding AG develops, produces, and distributes innovative damper actuators, control valves, and sensor and meter solutions for heating, ventilation, and air conditioning systems The variety of products includes standard, spring-return, and safety actuators for air applications and control, shut-off, and change-over valves for water applications. The company's majority end markets by revenue are EMEA and the Americas. It also has a presence in Asia and the Pacific.

Belimo Holding AG (XSWX:BEAN) Headlines

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