What is Koninklijke Ahold Delhaize NV Financial Strength?
Koninklijke Ahold Delhaize NV has the Financial Strength Rank of 6.
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.
Koninklijke Ahold Delhaize NV's Interest Coverage for the quarter that ended in Dec. 2023 was 3.53.
Koninklijke Ahold Delhaize NV's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.19.
As of today, Koninklijke Ahold Delhaize NV's Altman Z-Score is 2.44.
Competitive Comparison of Koninklijke Ahold Delhaize NV's Financial Strength
For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.
Koninklijke Ahold Delhaize NV's Financial Strength Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Financial Strength distribution charts can be found below:
* The bar in red indicates where Koninklijke Ahold Delhaize NV's Financial Strength falls into.
Koninklijke Ahold Delhaize NV 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:
Koninklijke Ahold Delhaize NV's Interest Expense for the
months ended in Dec. 2023 was €-191 Mil. Its Operating Income for the
months ended in Dec. 2023 was €675 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €14,681 Mil.
Koninklijke Ahold Delhaize NV's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Koninklijke Ahold Delhaize NV'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.
Koninklijke Ahold Delhaize NV has a Z-score of 2.44, indicating it is in Grey Zones. This implies that Koninklijke Ahold Delhaize NV 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.
Koninklijke Ahold Delhaize NV (XAMS:AD) Business Description
Traded in Other Exchanges
Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.
Koninklijke Ahold Delhaize NV (XAMS:AD) Headlines
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