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Yuvraaj Hygiene Products (BOM:531663) Financial Strength : 3 (As of Dec. 2023)


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What is Yuvraaj Hygiene Products Financial Strength?

Yuvraaj Hygiene Products has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Yuvraaj Hygiene Products Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Yuvraaj Hygiene Products has no long-term debt (1). Yuvraaj Hygiene Products's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Yuvraaj Hygiene Products's Altman Z-Score is 3.98.

(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 Yuvraaj Hygiene Products's Financial Strength

For the Household & Personal Products subindustry, Yuvraaj Hygiene Products'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.


Yuvraaj Hygiene Products's Financial Strength Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Yuvraaj Hygiene Products's Financial Strength falls into.



Yuvraaj Hygiene Products 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:

Yuvraaj Hygiene Products's Interest Expense for the months ended in Dec. 2023 was ₹0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹-0.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil.

Yuvraaj Hygiene Products's Interest Coverage for the quarter that ended in Dec. 2023 is

Yuvraaj Hygiene Products had no long-term debt (1).

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yuvraaj Hygiene Products Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

Yuvraaj Hygiene Products's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 203.948
=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.

Yuvraaj Hygiene Products has a Z-score of 3.98, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.98 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.


Yuvraaj Hygiene Products  (BOM:531663) 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.

Yuvraaj Hygiene Products has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Yuvraaj Hygiene Products Financial Strength Related Terms

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Yuvraaj Hygiene Products (BOM:531663) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. A-650, TTC Industrial Estate, 1st Floor, MIDC, Pawane Village, Mahape, Navi Mumbai, MH, IND, 400705
Yuvraaj Hygiene Products Ltd is an India-based company engaged in the business of supplying and distributing hygiene and cleaning products. The company is engaged in the manufacturing and selling of scrub pads, scrubbers, toilet articles like vacuum flasks, and other vacuum vessels. The Company is operating in a single segment namely Dealing in Household Cleaning Products. It is also engaged in the wholesale of household equipment and appliances like photographic products, bicycles, cycle rickshaws, tonga, leather goods, travel accessories, and cleaning materials. Geographically it operates within India.

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