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JSW Infrastructure (BOM:543994) Financial Strength : 6 (As of Mar. 2024)


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What is JSW Infrastructure Financial Strength?

JSW Infrastructure has the Financial Strength Rank of 6.

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.

JSW Infrastructure's Interest Coverage for the quarter that ended in Mar. 2024 was 5.93. JSW Infrastructure's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.09. As of today, JSW Infrastructure's Altman Z-Score is 6.43.


Competitive Comparison of JSW Infrastructure's Financial Strength

For the Integrated Freight & Logistics subindustry, JSW Infrastructure'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.


JSW Infrastructure's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, JSW Infrastructure's Financial Strength distribution charts can be found below:

* The bar in red indicates where JSW Infrastructure's Financial Strength falls into.



JSW Infrastructure 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:

JSW Infrastructure's Interest Expense for the months ended in Mar. 2024 was ₹-754 Mil. Its Operating Income for the months ended in Mar. 2024 was ₹4,475 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₹46,337 Mil.

JSW Infrastructure's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*4475.1/-754.1
=5.93

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

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

JSW Infrastructure's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1248.1 + 46336.7) / 43854.8
=1.09

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.

JSW Infrastructure has a Z-score of 6.43, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.43 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.


JSW Infrastructure  (BOM:543994) 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.

JSW Infrastructure has the Financial Strength Rank of 6.


JSW Infrastructure Financial Strength Related Terms

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JSW Infrastructure (BOM:543994) Business Description

Traded in Other Exchanges
Address
Bandra Kurla Complex, Near MMRDA Grounds, Bandra East, Mumbai, MH, IND, 400051
JSW Infrastructure Ltd is primarily engaged in one business segment, namely developing, operating and maintaining the Ports services, Ports-related Infrastructure development activities and development of infrastructure.

JSW Infrastructure (BOM:543994) Headlines

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