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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Financial Strength : 8 (As of Mar. 2024)


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What is Wal - Mart de MexicoB de CV Financial Strength?

Wal - Mart de MexicoB de CV has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Wal - Mart de Mexico SAB de CV 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.

Wal - Mart de MexicoB de CV's Interest Coverage for the quarter that ended in Mar. 2024 was 7.54. Wal - Mart de MexicoB de CV's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.08. As of today, Wal - Mart de MexicoB de CV's Altman Z-Score is 6.36.


Competitive Comparison of Wal - Mart de MexicoB de CV's Financial Strength

For the Discount Stores subindustry, Wal - Mart de MexicoB de CV'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.


Wal - Mart de MexicoB de CV's Financial Strength Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wal - Mart de MexicoB de CV's Financial Strength distribution charts can be found below:

* The bar in red indicates where Wal - Mart de MexicoB de CV's Financial Strength falls into.



Wal - Mart de MexicoB de CV 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:

Wal - Mart de MexicoB de CV's Interest Expense for the months ended in Mar. 2024 was $-153 Mil. Its Operating Income for the months ended in Mar. 2024 was $1,155 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,266 Mil.

Wal - Mart de MexicoB de CV'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*1155.065/-153.127
=7.54

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

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

Wal - Mart de MexicoB de CV'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
=(264.812 + 4266.473) / 54516.784
=0.08

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.

Wal - Mart de MexicoB de CV has a Z-score of 6.36, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.36 is strong.

* 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.


Wal - Mart de MexicoB de CV  (OTCPK:WMMVY) 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.

Wal - Mart de MexicoB de CV has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Wal - Mart de MexicoB de CV Financial Strength Related Terms

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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770
Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.

Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Headlines

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