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Sunrise Efficient Marketing (BOM:543515) Financial Strength : 7 (As of Sep. 2023)


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What is Sunrise Efficient Marketing Financial Strength?

Sunrise Efficient Marketing 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.

Sunrise Efficient Marketing's Interest Coverage for the quarter that ended in Sep. 2023 was 6.73. Sunrise Efficient Marketing's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.14. As of today, Sunrise Efficient Marketing's Altman Z-Score is 6.88.


Competitive Comparison of Sunrise Efficient Marketing's Financial Strength

For the Specialty Industrial Machinery subindustry, Sunrise Efficient Marketing'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.


Sunrise Efficient Marketing's Financial Strength Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sunrise Efficient Marketing's Financial Strength falls into.



Sunrise Efficient Marketing 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:

Sunrise Efficient Marketing's Interest Expense for the months ended in Sep. 2023 was ₹-7 Mil. Its Operating Income for the months ended in Sep. 2023 was ₹49 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₹34 Mil.

Sunrise Efficient Marketing's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*48.603/-7.227
=6.73

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

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

Sunrise Efficient Marketing's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(103.481 + 33.883) / 992.862
=0.14

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.

Sunrise Efficient Marketing has a Z-score of 6.88, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.88 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.


Sunrise Efficient Marketing  (BOM:543515) 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.

Sunrise Efficient Marketing has the Financial Strength Rank of 7.


Sunrise Efficient Marketing Financial Strength Related Terms

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


Sunrise Efficient Marketing (BOM:543515) Business Description

Traded in Other Exchanges
N/A
Address
Akash Bhumi Complex, Sub Plot No. 2, Block B, Village Pandesara, Surat, GJ, IND, 394221
Sunrise Efficient Marketing Ltd is engaged in the business of trading, distributing, and wholesaling different types of industrial products such as electrical items, electronic items, spare parts and others. The company distributes Automotive Parts, Gear Boxes, Motors, Pumps, Oils, and FMCG products. The company retails, imports, exports, sells, fabricates, and assembles a wide range of products such as pipes, pipe fittings, sanitation parts, mechanical and engineering items, all types of machined and un-machined castings, industrial valves, and its spares, Oils, lubricants, all types of motors, pumps, generator sets, batteries and all types of electrical, mechanical, electronic items, and spare parts, accessories used for industrial, domestic and agricultural purposes.

Sunrise Efficient Marketing (BOM:543515) Headlines

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