What is Phyto Chem (India) Financial Strength?
Phyto Chem (India) has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Phyto Chem (India) 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.
Phyto Chem (India)'s Interest Coverage for the quarter that ended in Dec. 2023 was 1.53.
Phyto Chem (India)'s debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
As of today, Phyto Chem (India)'s Altman Z-Score is 1.10.
Competitive Comparison of Phyto Chem (India)'s Financial Strength
For the Agricultural Inputs subindustry, Phyto Chem (India)'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.
Phyto Chem (India)'s Financial Strength Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, Phyto Chem (India)'s Financial Strength distribution charts can be found below:
* The bar in red indicates where Phyto Chem (India)'s Financial Strength falls into.
Phyto Chem (India) 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:
Phyto Chem (India)'s Interest Expense for the
months ended in Dec. 2023 was ₹-4.4 Mil. Its Operating Income for the
months ended in Dec. 2023 was ₹6.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.0 Mil.
Phyto Chem (India)'s Interest Coverage for the quarter that ended in Dec. 2023 is
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. Phyto Chem (India) 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.
Phyto Chem (India)'s Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Phyto Chem (India) has a Z-score of 1.10, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.1 is in distress zone. This implies bankruptcy 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.
Phyto Chem (India) (BOM:524808) Business Description
Traded in Other Exchanges
N/A
Address
No. 8-3-229/23, First Floor, Yousufguda Checkpost, Thaherville, Hyderabad, TG, IND, 500045
Phyto Chem (India) Ltd is mainly engaged in the business of manufacturing and marketing Pesticides for the agriculture sector. The company operates through Pesticides Formulations, Food Division, and Real Estate Activities segments. It mainly focuses on the Pesticides Formulations business which includes manufacturing facilities for various pesticides formulations such as Liquid and SC Formulations, Weedcide Formulations, Wettable and Powder Formulations, and Granule Formulations. The product brands of the company include Phytofos, Phytolux, Winner, Phydon, Idol, Freedom, Phygent, and Others.
Phyto Chem (India) (BOM:524808) Headlines
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