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Yogi Infra Projects (BOM:522209) Financial Strength : 4 (As of Dec. 2023)


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What is Yogi Infra Projects Financial Strength?

Yogi Infra Projects 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.

Yogi Infra Projects has no long-term debt (1). Yogi Infra Projects's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Yogi Infra Projects's Altman Z-Score is -0.98.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Yogi Infra Projects's Financial Strength

For the Infrastructure Operations subindustry, Yogi Infra Projects'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.


Yogi Infra Projects's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Yogi Infra Projects's Financial Strength distribution charts can be found below:

* The bar in red indicates where Yogi Infra Projects's Financial Strength falls into.



Yogi Infra Projects 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:

Yogi Infra Projects's Interest Expense for the months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹-1.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Yogi Infra Projects's Interest Coverage for the quarter that ended in Dec. 2023 is

Yogi Infra Projects 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.

Yogi Infra Projects'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) / 3.044
=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.

Yogi Infra Projects has a Z-score of -0.98, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.98 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.


Yogi Infra Projects  (BOM:522209) 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.

Yogi Infra Projects has the Financial Strength Rank of 4.


Yogi Infra Projects Financial Strength Related Terms

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Yogi Infra Projects (BOM:522209) Business Description

Traded in Other Exchanges
N/A
Address
J P Road Opposite Indian Oil Colony, 205, PL-8231, Raigad Darshan, Andheri West, MH, IND, 400053
Yogi Infra Projects Ltd engages in infrastructure construction activities in India. The company develops commercial projects and technology parks, commercial spaces, and urban development and housing projects. It also engages in the construction of expressways, highways, bridges, water dams, power projects, airports, and other infrastructure projects. In addition, Yogi Infra offers a range of consultancy services, such as architectural design, structural design and civil engineering, holistic project management, construction management, electrical and power engineering, LAN networking, water supply.

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