GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Welterman International Ltd (BOM:526431) » Definitions » Financial Strength

Welterman International (BOM:526431) Financial Strength : 5 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Welterman International Financial Strength?

Welterman International has the Financial Strength Rank of 5.

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.

Welterman International has no long-term debt (1). As of today, Welterman International'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 Welterman International's Financial Strength

For the Agricultural Inputs subindustry, Welterman International'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.


Welterman International's Financial Strength Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Welterman International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Welterman International's Financial Strength falls into.



Welterman International 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:

Welterman International's Interest Expense for the months ended in Dec. 2023 was ₹0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was ₹-0.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Welterman International's Interest Coverage for the quarter that ended in Dec. 2023 is

Welterman International had no long-term debt (1).

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

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

Welterman International'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) / 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.

Welterman International 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.


Welterman International  (BOM:526431) 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.

Welterman International has the Financial Strength Rank of 5.


Welterman International Financial Strength Related Terms

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


Welterman International (BOM:526431) Business Description

Traded in Other Exchanges
N/A
Address
R.C. Dutt Road, Race Course, 701-702, Alkapuri Arcade, A-Wing, 7th floor, Opposite Welcom Hotel, Vadodara, GJ, IND, 390007
Welterman International Ltd manufactures leather soles in India. Principally, it is engaged in the business of trading of shoe leather and manufacturing of inorganic water-soluble chemical fertilizers. The company offers leather soles, rubber soles, thermoplastic rubbers, thermoplastic polyurethane, polyvinyl chloride soles, specialized injected soles and leather soles with masonite heels. The company generate its revenue from fertilizer.

Welterman International (BOM:526431) Headlines

No Headlines