What is SDC Techmedia Financial Strength?
SDC Techmedia 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:
SDC Techmedia 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.
SDC Techmedia did not have earnings to cover the interest expense.
SDC Techmedia's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.26.
As of today, SDC Techmedia's Altman Z-Score is 0.98.
Competitive Comparison of SDC Techmedia's Financial Strength
For the Entertainment subindustry, SDC Techmedia'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.
SDC Techmedia's Financial Strength Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, SDC Techmedia's Financial Strength distribution charts can be found below:
* The bar in red indicates where SDC Techmedia's Financial Strength falls into.
SDC Techmedia 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:
SDC Techmedia's Interest Expense for the
months ended in Sep. 2023 was ₹-7.6 Mil. Its Operating Income for the
months ended in Sep. 2023 was ₹-15.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹123.2 Mil.
SDC Techmedia's Interest Coverage for the quarter that ended in Sep. 2023 is
| SDC Techmedia did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
SDC Techmedia's Debt to Revenue Ratio for the quarter that ended in Sep. 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.
SDC Techmedia has a Z-score of 0.98, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.98 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.
SDC Techmedia (BOM:535647) Business Description
Traded in Other Exchanges
N/A
Address
No. 33/1, Wallajah Road, Chepauk, Chennai, TN, IND, 600002
SDC Techmedia Ltd operates in the business of media and event management. It is also involved in the reproduction of recorded media. Its services are to aggregate and market audio or video and movie contents of various languages in the local and international market, to acquire old movie rights, dub in a range of languages and market to various television channels, and to produce animation films or short movies or documentary movies. The firm also produces animation movies and television serials, and movies, leasing and renting of 4k Projectors to the Theaters, Cinema Halls and Multiplexes. It generates revenue based on the functioning of Theaters, Cinema Halls & Multiplexes in the State of Tamil Nadu and other cities of Southern States of India.
SDC Techmedia (BOM:535647) Headlines
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