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Kilburn Engineering (BOM:522101) Financial Strength : 7 (As of Dec. 2023)


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What is Kilburn Engineering Financial Strength?

Kilburn Engineering 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.

Kilburn Engineering's Interest Coverage for the quarter that ended in Dec. 2023 was 6.89. Kilburn Engineering's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Kilburn Engineering's Altman Z-Score is 8.35.


Competitive Comparison of Kilburn Engineering's Financial Strength

For the Specialty Industrial Machinery subindustry, Kilburn Engineering'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.


Kilburn Engineering's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kilburn Engineering's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kilburn Engineering's Financial Strength falls into.



Kilburn Engineering 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:

Kilburn Engineering's Interest Expense for the months ended in Dec. 2023 was ₹-24 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹164 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0 Mil.

Kilburn Engineering's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*164/-23.8
=6.89

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

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

Kilburn Engineering'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) / 2912
=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.

Kilburn Engineering has a Z-score of 8.35, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.35 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.


Kilburn Engineering  (BOM:522101) 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.

Kilburn Engineering has the Financial Strength Rank of 7.


Kilburn Engineering Financial Strength Related Terms

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


Kilburn Engineering (BOM:522101) Business Description

Traded in Other Exchanges
N/A
Address
Kalyan - Bhiwandi Road, Plot Number 6, MIDC Industrial Area, Saravali, Thane, MH, IND, 421311
Kilburn Engineering Ltd is engaged in the process of designing, manufacturing, supplying, installing, and commissioning various critically customized process equipment for diverse applications. The company focuses on offering a range of dryers for solid, liquid and gas for many industries such as chemical, petrochemical, oil and gas, refineries, power, steel, cement, fertilizer, mining, sewage treatment, and food. It also manufactures specially designed packages required for various onshore and offshore applications. The applications are offered from the drying and processing of materials, such as carbon black, soda ash, sodium cyanide, rubber, and heavy chemicals. The majority of the company's revenue comes from India.

Kilburn Engineering (BOM:522101) Headlines

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