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Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) Financial Strength : 5 (As of Mar. 2024)


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What is Cibanco S A Institucion De Banca Multiple Financial Strength?

Cibanco S A Institucion De Banca Multiple has the Financial Strength Rank of 5.

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.

Cibanco S A Institucion De Banca Multiple's Interest Coverage for the quarter that ended in Mar. 2024 was 2.00. Cibanco S A Institucion De Banca Multiple's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.85. As of today, Cibanco S A Institucion De Banca Multiple's Altman Z-Score is 1.51.


Competitive Comparison of Cibanco S A Institucion De Banca Multiple's Financial Strength

For the REIT - Hotel & Motel subindustry, Cibanco S A Institucion De Banca Multiple'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.


Cibanco S A Institucion De Banca Multiple's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cibanco S A Institucion De Banca Multiple's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cibanco S A Institucion De Banca Multiple's Financial Strength falls into.



Cibanco S A Institucion De Banca Multiple 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:

Cibanco S A Institucion De Banca Multiple's Interest Expense for the months ended in Mar. 2024 was $-6.3 Mil. Its Operating Income for the months ended in Mar. 2024 was $12.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $243.9 Mil.

Cibanco S A Institucion De Banca Multiple'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*12.67/-6.325
=2.00

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

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

Cibanco S A Institucion De Banca Multiple'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
=(20.871 + 243.923) / 310.048
=0.85

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.

Cibanco S A Institucion De Banca Multiple has a Z-score of 1.51, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.51 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.


Cibanco S A Institucion De Banca Multiple  (OTCPK:DBMXF) 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.

Cibanco S A Institucion De Banca Multiple has the Financial Strength Rank of 5.


Cibanco S A Institucion De Banca Multiple Financial Strength Related Terms

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Cibanco S A Institucion De Banca Multiple (Cibanco S A Institucion De Banca Multiple) Business Description

Traded in Other Exchanges
Address
Avendia Santa Fe No. 481, 7th Floor, Torre Corporativo World Plaza, Colonia Cruz Manca, Alcaldia Cuajimalpa, Mexico, MEX, MEX, 05349
Cibanco S A Institucion De Banca Multiple formerly FibraHotel operates as a real estate investment trust in the Mexican hospitality industry. It manages a portfolio of business class hotels under the brands like Fiesta Inn, One Hotels, AC by Marriott, Sheraton, Fiesta Americana, Camino Real, and Real Inn. Its hotels are categorized in terms of their services into Limited Service, hotels without restaurants; Select Service, hotels with additional services, such as bars, room service, and conference room; Full Service, hotels with consumption centers and meeting rooms and Hotels with studio apartments, work areas and full kitchen. FibraHotel's business mainly depends on its room revenues. It also derives nominal income from foodservice and leases.