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1834 Investments (XJAM:1834) Financial Strength : 7 (As of Sep. 2022)


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What is 1834 Investments Financial Strength?

1834 Investments has the Financial Strength Rank of 7.

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.

1834 Investments did not have earnings to cover the interest expense. 1834 Investments's debt to revenue ratio for the quarter that ended in Sep. 2022 was 2.32. As of today, 1834 Investments's Altman Z-Score is 0.00.


Competitive Comparison of 1834 Investments's Financial Strength

For the Asset Management subindustry, 1834 Investments'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.


1834 Investments's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, 1834 Investments's Financial Strength distribution charts can be found below:

* The bar in red indicates where 1834 Investments's Financial Strength falls into.



1834 Investments 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:

1834 Investments's Interest Expense for the months ended in Sep. 2022 was JMD-0.42 Mil. Its Operating Income for the months ended in Sep. 2022 was JMD-10.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was JMD0.00 Mil.

1834 Investments's Interest Coverage for the quarter that ended in Sep. 2022 is

1834 Investments did not have earnings to cover the interest expense.

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

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

1834 Investments's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(54.337 + 0) / 23.456
=2.32

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.

1834 Investments has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


1834 Investments  (XJAM:1834) 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.

1834 Investments has the Financial Strength Rank of 7.


1834 Investments Financial Strength Related Terms

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1834 Investments (XJAM:1834) Business Description

Traded in Other Exchanges
N/A
Address
7 North Street, P.O. Box 40, Kingston, JAM
1834 Investments Ltd is a Jamaica-based investment management company. The company's main activity is the management of its income-generating real estate, bond, and equity investments. Also, its activities include the management of its joint venture and subsidiary companies. Its equity portfolio comprises a diversified mix of the stocks of local and overseas companies in North America, the United Kingdom, Europe, and Asia.

1834 Investments (XJAM:1834) Headlines

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