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Pinar Sut Mamullerinayii AS (IST:PNSUT) Financial Strength : 3 (As of Dec. 2023)


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What is Pinar Sut Mamullerinayii AS Financial Strength?

Pinar Sut Mamullerinayii AS has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Pinar Sut Mamulleri Sanayii AS 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.

Pinar Sut Mamullerinayii AS did not have earnings to cover the interest expense. Pinar Sut Mamullerinayii AS's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.15. As of today, Pinar Sut Mamullerinayii AS's Altman Z-Score is 2.04.


Competitive Comparison of Pinar Sut Mamullerinayii AS's Financial Strength

For the Packaged Foods subindustry, Pinar Sut Mamullerinayii AS'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.


Pinar Sut Mamullerinayii AS's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pinar Sut Mamullerinayii AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where Pinar Sut Mamullerinayii AS's Financial Strength falls into.



Pinar Sut Mamullerinayii AS 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:

Pinar Sut Mamullerinayii AS's Interest Expense for the months ended in Dec. 2023 was ₺-463 Mil. Its Operating Income for the months ended in Dec. 2023 was ₺-591 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺25 Mil.

Pinar Sut Mamullerinayii AS's Interest Coverage for the quarter that ended in Dec. 2023 is

Pinar Sut Mamullerinayii AS 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.

Pinar Sut Mamullerinayii AS'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
=(2725.88 + 25.429) / 18755.684
=0.15

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.

Pinar Sut Mamullerinayii AS has a Z-score of 2.04, indicating it is in Grey Zones. This implies that Pinar Sut Mamullerinayii AS is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.04 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Pinar Sut Mamullerinayii AS  (IST:PNSUT) 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.

Pinar Sut Mamullerinayii AS has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Pinar Sut Mamullerinayii AS Financial Strength Related Terms

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Pinar Sut Mamullerinayii AS (IST:PNSUT) Business Description

Traded in Other Exchanges
N/A
Address
Kemalpasa Caddesi No. 317, Yunus Emre Mahallesi, Bornova, Izmir, TUR, 35060
Pinar Sut Mamulleri Sanayii AS is a Turkey-based company that operates in the packaged food business. The activities of the groups include processing, production, and sale of milk, dairy products, sauces, fruit juice, and powder products. It operates through the Labne, Klasik, Mangal Keyfi, Solen, Cocuk, Kido, and other brands. Geographically activities are conducted through the region of Turkey.

Pinar Sut Mamullerinayii AS (IST:PNSUT) Headlines

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