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Bahrain Duty Free Shop Complex BSC (BAH:DUTYF) Financial Strength : 9 (As of Mar. 2024)


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What is Bahrain Duty Free Shop Complex BSC Financial Strength?

Bahrain Duty Free Shop Complex BSC has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Bahrain Duty Free Shop Complex BSC 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.

Bahrain Duty Free Shop Complex BSC has no long-term debt (1). As of today, Bahrain Duty Free Shop Complex BSC's Altman Z-Score is 0.00.

(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 Bahrain Duty Free Shop Complex BSC's Financial Strength

For the Specialty Retail subindustry, Bahrain Duty Free Shop Complex BSC'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.


Bahrain Duty Free Shop Complex BSC's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Bahrain Duty Free Shop Complex BSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Bahrain Duty Free Shop Complex BSC's Financial Strength falls into.



Bahrain Duty Free Shop Complex BSC 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:

Bahrain Duty Free Shop Complex BSC's Interest Expense for the months ended in Mar. 2024 was BHD0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was BHD-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD0.00 Mil.

Bahrain Duty Free Shop Complex BSC's Interest Coverage for the quarter that ended in Mar. 2024 is

Bahrain Duty Free Shop Complex BSC had no long-term debt (1).

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

Good Sign:

Bahrain Duty Free Shop Complex BSC has no debt.

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

Bahrain Duty Free Shop Complex BSC'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
=(0 + 0) / 0
=N/A

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.

Bahrain Duty Free Shop Complex BSC 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.


Bahrain Duty Free Shop Complex BSC  (BAH:DUTYF) 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.

Bahrain Duty Free Shop Complex BSC has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Bahrain Duty Free Shop Complex BSC Financial Strength Related Terms

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Bahrain Duty Free Shop Complex BSC (BAH:DUTYF) Business Description

Traded in Other Exchanges
N/A
Address
Road 21701, Diplomatic Area, Falcon Tower, Building No 60, Manama, BHR
Bahrain Duty Free Shop Complex BSC operates shops within Bahrain International Airport, Khalifa Port and Gulf Air Inflight under a concession agreement from the Government of Bahrain. Bahrain Duty Free Co WLL, a Bahraini incorporated company, 55% owned by the company and 45% owned by Gulf Air Group Holding BSC, a company owned by the Government of Bahrain, has won the new concession from the Government of Bahrain to operate the duty free business in the new Bahrain international airport. The company generates revenue primarily from the sale of goods at the duty free to its customers.

Bahrain Duty Free Shop Complex BSC (BAH:DUTYF) Headlines

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