Slanchev Bryag AD (XBUL:SLB) Financial Strength : 0 (As of Mar. 2024)

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What is Slanchev Bryag AD Financial Strength?

Slanchev Bryag AD has the Financial Strength Rank of 0.

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.

Slanchev Bryag AD has no long-term debt ⁽¹⁾. Slanchev Bryag AD's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Slanchev Bryag AD's Altman Z-Score is 2.44.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Competitive Comparison of Slanchev Bryag AD's Financial Strength

For the Resorts & Casinos subindustry, Slanchev Bryag AD'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.

Slanchev Bryag AD's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Slanchev Bryag AD's Financial Strength distribution charts can be found below:

* The bar in red indicates where Slanchev Bryag AD's Financial Strength falls into.

Slanchev Bryag AD 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:

Slanchev Bryag AD's Interest Expense for the months ended in Mar. 2024 was лв0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was лв1.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was лв0.00 Mil.

Slanchev Bryag AD's Interest Coverage for the quarter that ended in Mar. 2024 is

Slanchev Bryag AD had no long-term debt ⁽¹⁾.

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

Good Sign:

Slanchev Bryag AD has no debt.

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

Slanchev Bryag AD'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
	=	(0	+	0)	/	1.636
	=	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.

Slanchev Bryag AD has a Z-score of 2.44, indicating it is in Grey Zones. This implies that Slanchev Bryag AD 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 2.44 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.

Slanchev Bryag AD (XBUL:SLB) 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.

Slanchev Bryag AD has the Financial Strength Rank of 0.

Slanchev Bryag AD Financial Strength Related Terms

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