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National Flour Mills (TRN:NFM) Financial Strength : 8 (As of . 20)


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What is National Flour Mills Financial Strength?

National Flour Mills has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

National Flour Mills 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.

National Flour Mills did not have earnings to cover the interest expense. As of today, National Flour Mills's Altman Z-Score is 0.00.


Competitive Comparison of National Flour Mills's Financial Strength

For the Packaged Foods subindustry, National Flour Mills'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.


National Flour Mills's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, National Flour Mills's Financial Strength distribution charts can be found below:

* The bar in red indicates where National Flour Mills's Financial Strength falls into.



National Flour Mills 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:

National Flour Mills's Interest Expense for the months ended in . 20 was TTD0.00 Mil. Its Operating Income for the months ended in . 20 was TTD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TTD0.00 Mil.

National Flour Mills's Interest Coverage for the quarter that ended in . 20 is

National Flour Mills had no long-term debt (1).

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

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

National Flour Mills's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

National Flour Mills has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


National Flour Mills  (TRN:NFM) 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.

National Flour Mills has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


National Flour Mills Financial Strength Related Terms

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National Flour Mills (TRN:NFM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
27-29 Wrightson Road, Port of Spain, TTO
National Flour Mills Ltd is engaged in the production and distribution of food products and animal and poultry feeds. It manufactures and distributes flour, flour by-products, and rice. Its products include wheat-based products, such as all-purpose flour, bakers flour, whole wheat flour, cake flour, self-rising flour, wheat germ, wheat bran, and wheat cereal; and dry mix products, including pholourie mix, split peas powder, baking powder, custard powder, and icing sugar. Its animal feed consists of products for broilers, layers, ducks, goats, dairy, sheep, pigs, horses, fishes, rabbits, tilapia, puppies, and dogs. It trades and distributes parboiled rice, brown rice, soyabean oil, instant ginger tea, coconut milk powder, and instant yeast.

National Flour Mills (TRN:NFM) Headlines

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