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Cybertech Systems & Software (BOM:532173) Financial Strength : 9 (As of Mar. 2024)


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What is Cybertech Systems & Software Financial Strength?

Cybertech Systems & Software has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Cybertech Systems & Software Ltd 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.

Cybertech Systems & Software's Interest Coverage for the quarter that ended in Mar. 2024 was 26.45. Cybertech Systems & Software's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.03. As of today, Cybertech Systems & Software's Altman Z-Score is 7.82.


Competitive Comparison of Cybertech Systems & Software's Financial Strength

For the Information Technology Services subindustry, Cybertech Systems & Software'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.


Cybertech Systems & Software's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Cybertech Systems & Software's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cybertech Systems & Software's Financial Strength falls into.



Cybertech Systems & Software 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:

Cybertech Systems & Software's Interest Expense for the months ended in Mar. 2024 was ₹-2 Mil. Its Operating Income for the months ended in Mar. 2024 was ₹55 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹35 Mil.

Cybertech Systems & Software's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*55.38/-2.094
=26.45

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

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

Cybertech Systems & Software's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(40.532 + 34.862) / 2260.424
=0.03

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.

Cybertech Systems & Software has a Z-score of 7.82, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.82 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.


Cybertech Systems & Software  (BOM:532173) 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.

Cybertech Systems & Software has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Cybertech Systems & Software Financial Strength Related Terms

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Cybertech Systems & Software (BOM:532173) Business Description

Traded in Other Exchanges
Address
Road No. 21/34, J.B. Sawant Marg, Plot No. B-63/64/65, CyberTech House, Thane (West), MIDC, Wagle Estate, Thane, MH, IND, 400604
Cybertech Systems & Software Ltd Company provides Information Technology services to customers with a focus on next-generation geospatial, networking and enterprise IT solutions. The company offers services that span across all major industries including government, education, utilities, public safety and homeland defence, technology, telecom, retail, healthcare, and manufacturing. Geographically, it provides Information Technology services to customers primarily in the USA and India. Its services include The Digital Core - SAP S/4HANA; SAP Cloud and Analytics; SAP Spatial Enablement; Database Migration Factory Program; Enterprise Map Platform and others.

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