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Kuber Udyog (BOM:539408) Financial Strength : 4 (As of Dec. 2023)


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What is Kuber Udyog Financial Strength?

Kuber Udyog 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.

Kuber Udyog's Interest Coverage for the quarter that ended in Dec. 2023 was 0.62. Kuber Udyog's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Kuber Udyog's Altman Z-Score is 2.27.


Competitive Comparison of Kuber Udyog's Financial Strength

For the Chemicals subindustry, Kuber Udyog'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.


Kuber Udyog's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuber Udyog's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kuber Udyog's Financial Strength falls into.



Kuber Udyog 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:

Kuber Udyog's Interest Expense for the months ended in Dec. 2023 was ₹-0.58 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹0.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Kuber Udyog'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*0.36/-0.578
=0.62

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

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

Kuber Udyog'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) / 4.332
=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.

Kuber Udyog has a Z-score of 2.27, indicating it is in Grey Zones. This implies that Kuber Udyog is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.27 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Kuber Udyog  (BOM:539408) 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.

Kuber Udyog has the Financial Strength Rank of 4.


Kuber Udyog Financial Strength Related Terms

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Kuber Udyog (BOM:539408) Business Description

Traded in Other Exchanges
N/A
Address
Behind Poisar Bus Depot, Office No. GP 12, 2nd Floor, Raghuleela Mega Mall, Kandivali (West), Mumbai, MH, IND, 400067
Kuber Udyog Ltd is engaged in carrying all or any kind of business of financiers of industrial, commercial and other enterprises and general financiers, film financiers, producers, distributors and exhibitors, money lenders, trustees, real estates, owners, landlords, builders, under writers, guarantors, hire purchase, dealers of all kind of shares, stocks, debenture trustees, securities, bonds, claims, licenses and charges, claims, buildings, negotiable instruments, decrees, book debts, patents, factories, mines, industrial undertaking, business concerns, warehouses, properties, and right of all kinds, agricultural land, farms, gardens, trust Company, Safe deposit Company and such other business of the Company.

Kuber Udyog (BOM:539408) Headlines

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