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Delmon Poultry Co BSC (BAH:POLTRY) Financial Strength : 6 (As of Mar. 2024)


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What is Delmon Poultry Co BSC Financial Strength?

Delmon Poultry Co BSC 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.

Delmon Poultry Co BSC's Interest Coverage for the quarter that ended in Mar. 2024 was 17.53. Delmon Poultry Co BSC's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.06. As of today, Delmon Poultry Co BSC's Altman Z-Score is 3.25.


Competitive Comparison of Delmon Poultry Co BSC's Financial Strength

For the Packaged Foods subindustry, Delmon Poultry Co 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.


Delmon Poultry Co BSC's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Delmon Poultry Co BSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Delmon Poultry Co BSC's Financial Strength falls into.



Delmon Poultry Co 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:

Delmon Poultry Co BSC's Interest Expense for the months ended in Mar. 2024 was BHD-0.02 Mil. Its Operating Income for the months ended in Mar. 2024 was BHD0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD0.58 Mil.

Delmon Poultry Co BSC'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*0.333/-0.019
=17.53

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

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

Delmon Poultry Co 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
=(0.789 + 0.577) / 22.852
=0.06

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.

Delmon Poultry Co BSC has a Z-score of 3.25, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.25 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.


Delmon Poultry Co BSC  (BAH:POLTRY) 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.

Delmon Poultry Co BSC has the Financial Strength Rank of 6.


Delmon Poultry Co BSC Financial Strength Related Terms

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Delmon Poultry Co BSC (BAH:POLTRY) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 20535, Hamala, BHR
Delmon Poultry Co BSC formely, Delmon Poultry Co is engaged in the processing, packing, and storing frozen chicken. The company operates through four business segments which include Chicken, Feed, Chicks, and Investments. It offers varieties of chicken products such as Chicken Legs, Liver, Thighs, Chopped Chicken and Chicken Wings. The company's chicken processing plant is located at Hamala, Feedmill at Mina Salman and Chicks hatchery at Al-Buhair, in the Kingdom of Bahrain. The majority of the revenue is generated from the Chicken segment.

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