What is CarrefourSA Carrefourbanci Ticaret Merkezi AS Financial Strength?
CarrefourSA Carrefourbanci Ticaret Merkezi AS 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.
CarrefourSA Carrefourbanci Ticaret Merkezi AS did not have earnings to cover the interest expense.
CarrefourSA Carrefourbanci Ticaret Merkezi AS's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.05.
As of today, CarrefourSA Carrefourbanci Ticaret Merkezi AS's Altman Z-Score is 2.82.
Competitive Comparison of CarrefourSA Carrefourbanci Ticaret Merkezi AS's Financial Strength
For the Grocery Stores subindustry, CarrefourSA Carrefourbanci Ticaret Merkezi AS'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.
CarrefourSA Carrefourbanci Ticaret Merkezi AS's Financial Strength Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, CarrefourSA Carrefourbanci Ticaret Merkezi AS's Financial Strength distribution charts can be found below:
* The bar in red indicates where CarrefourSA Carrefourbanci Ticaret Merkezi AS's Financial Strength falls into.
CarrefourSA Carrefourbanci Ticaret Merkezi AS 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:
CarrefourSA Carrefourbanci Ticaret Merkezi AS's Interest Expense for the
months ended in Dec. 2023 was ₺-1,526 Mil. Its Operating Income for the
months ended in Dec. 2023 was ₺-2,418 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,805 Mil.
CarrefourSA Carrefourbanci Ticaret Merkezi AS's Interest Coverage for the quarter that ended in Dec. 2023 is
| CarrefourSA Carrefourbanci Ticaret Merkezi AS did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
CarrefourSA Carrefourbanci Ticaret Merkezi AS's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
CarrefourSA Carrefourbanci Ticaret Merkezi AS has a Z-score of 2.82, indicating it is in Grey Zones. This implies that CarrefourSA Carrefourbanci Ticaret Merkezi AS 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 2.82 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.
CarrefourSA Carrefourbanci Ticaret Merkezi AS (IST:CRFSA) Business Description
Traded in Other Exchanges
N/A
Address
Cevizli Mahallesi, Tugay Yolu Caddesi No:67 A, B Blok Maltepe, Istanbul, TUR, 34752
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS operate in the hypermarket and supermarket sectors in Turkey. The company is a retailer of food, household items, and consumer goods and operates in the form of hypermarkets and supermarkets. The Company's revenue is comprises of retail sales and income from sublease.
CarrefourSA Carrefourbanci Ticaret Merkezi AS (IST:CRFSA) Headlines
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