GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rama Vision Ltd (BOM:523289) » Definitions » Financial Strength

Rama Vision (BOM:523289) Financial Strength : 6 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Rama Vision Financial Strength?

Rama Vision 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.

Rama Vision's Interest Coverage for the quarter that ended in Mar. 2024 was 3.02. Rama Vision's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.20. As of today, Rama Vision's Altman Z-Score is 4.03.


Competitive Comparison of Rama Vision's Financial Strength

For the Household & Personal Products subindustry, Rama Vision'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.


Rama Vision's Financial Strength Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Rama Vision's Financial Strength falls into.



Rama Vision 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:

Rama Vision's Interest Expense for the months ended in Mar. 2024 was ₹-5.4 Mil. Its Operating Income for the months ended in Mar. 2024 was ₹16.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹66.1 Mil.

Rama Vision'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*16.199/-5.361
=3.02

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

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

Rama Vision'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
=(121.485 + 66.117) / 918.368
=0.20

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.

Rama Vision has a Z-score of 4.03, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.03 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.


Rama Vision  (BOM:523289) 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.

Rama Vision has the Financial Strength Rank of 6.


Rama Vision Financial Strength Related Terms

Thank you for viewing the detailed overview of Rama Vision's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Rama Vision (BOM:523289) Business Description

Traded in Other Exchanges
N/A
Address
23, Najafgarh Road Industrial Area, Shivaji Marg, Rama House, New Delhi, IND, 110015
Rama Vision Ltd is engaged in a Trading Segment having a distribution network which deals in two product lines- One Mother and Babycare products which includes a wide range of infant care products, skin care products for babies & new mothers, oral & personal care products and also includes strollers, baby carriages, Pack & Play, Swing, etc. The Second Line of business is trading Indian & Imported food products which include Thai food, sauces, instant noodles, nuts, dried fruits, Mukhwas etc. The brand products of the company include - Pigeon, Farlin, Mothercare, Mustela, Nuby, Kimball, Pepsodent, Trisa, Baby Dove, Suave Kids, and Delight nuts.

Rama Vision (BOM:523289) Headlines

No Headlines