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Barings Emerging EMEA Opportunities (LSE:BEMO) Financial Strength : 8 (As of Sep. 2023)


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What is Barings Emerging EMEA Opportunities Financial Strength?

Barings Emerging EMEA Opportunities has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Barings Emerging EMEA Opportunities PLC 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.

GuruFocus does not calculate Barings Emerging EMEA Opportunities's interest coverage with the available data. Barings Emerging EMEA Opportunities's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Barings Emerging EMEA Opportunities 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:

Barings Emerging EMEA Opportunities's Interest Expense for the months ended in Sep. 2023 was £0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil.

Barings Emerging EMEA Opportunities's Interest Coverage for the quarter that ended in Sep. 2023 is

Barings Emerging EMEA Opportunities had no long-term debt (1).

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

Good Sign:

Barings Emerging EMEA Opportunities PLC has no debt.

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

Barings Emerging EMEA Opportunities's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 4.456
=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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Barings Emerging EMEA Opportunities  (LSE:BEMO) 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.

Barings Emerging EMEA Opportunities has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Barings Emerging EMEA Opportunities Financial Strength Related Terms

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Barings Emerging EMEA Opportunities (LSE:BEMO) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, Exeter, GBR, EC2V 7NQ
Barings Emerging EMEA Opportunities PLC operates as an investment trust. Its investment objective is to deliver capital growth, principally through investment in emerging and frontier equity securities listed or traded on EMEA(Eastern European, Middle Eastern, and African) markets. Investments include public listed or traded equity securities including equity-related instruments such as preference shares, convertible securities, options, and warrants.