What is Symbiox Investment & Trading Co Financial Strength?
Symbiox Investment & Trading Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Symbiox Investment & Trading Co Ltd shows strong financial strength.
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.
Symbiox Investment & Trading Co has no long-term debt (1).
Symbiox Investment & Trading Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00.
As of today, Symbiox Investment & Trading Co's Altman Z-Score is 11.89.
(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 Symbiox Investment & Trading Co's Financial Strength
For the Textile Manufacturing subindustry, Symbiox Investment & Trading Co'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.
Symbiox Investment & Trading Co's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Symbiox Investment & Trading Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Symbiox Investment & Trading Co's Financial Strength falls into.
Symbiox Investment & Trading Co 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:
Symbiox Investment & Trading Co'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 ₹-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₹0.00 Mil.
Symbiox Investment & Trading Co's Interest Coverage for the quarter that ended in Dec. 2023 is
| Symbiox Investment & Trading Co had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Symbiox Investment & Trading Co Ltd has no debt.
2. Debt to revenue ratio. The lower, the better.
Symbiox Investment & Trading Co'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.
Symbiox Investment & Trading Co has a Z-score of 11.89, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 11.89 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.
Symbiox Investment & Trading Co (BOM:539278) Business Description
Traded in Other Exchanges
N/A
Address
221, Rabindra Sarani, 3" Floor, Room No.1, Kolkata, WB, IND, 700001
Symbiox Investment & Trading Co Ltd principally operates in plain, designer, cotton, and silk sarees. The firm is focused on venturing into trading of other merchandise products through its chain of wholesalers and retailers. The firm generates the majority of its revenue from the sale of textile products.
Symbiox Investment & Trading Co (BOM:539278) Headlines
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