What is Aviation Lease & Finance Co KSCC Financial Strength?
Aviation Lease & Finance Co KSCC has the Financial Strength Rank of 0.
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.
Aviation Lease & Finance Co KSCC's Interest Coverage for the quarter that ended in Mar. 2024 was 1.54.
Aviation Lease & Finance Co KSCC's debt to revenue ratio for the quarter that ended in Mar. 2024 was 10.48.
As of today, Aviation Lease & Finance Co KSCC's Altman Z-Score is 0.86.
Competitive Comparison of Aviation Lease & Finance Co KSCC's Financial Strength
For the Rental & Leasing Services subindustry, Aviation Lease & Finance Co KSCC'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.
Aviation Lease & Finance Co KSCC's Financial Strength Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Aviation Lease & Finance Co KSCC's Financial Strength distribution charts can be found below:
* The bar in red indicates where Aviation Lease & Finance Co KSCC's Financial Strength falls into.
Aviation Lease & Finance Co KSCC 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:
Aviation Lease & Finance Co KSCC's Interest Expense for the
months ended in Mar. 2024 was KWD-6.09 Mil. Its Operating Income for the
months ended in Mar. 2024 was KWD9.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD289.88 Mil.
Aviation Lease & Finance Co KSCC's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Aviation Lease & Finance Co KSCCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
2. Debt to revenue ratio. The lower, the better.
Aviation Lease & Finance Co KSCC's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
Aviation Lease & Finance Co KSCC has a Z-score of 0.86, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.86 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.
Aviation Lease & Finance Co KSCC (KUW:ALAFCO) Business Description
Traded in Other Exchanges
N/A
Address
Abdul Aziz Hamid Al Sagar Street, Second Floor, Chamber of Commerce & Industry Building Annexe, P.O. Box 2255, Al-Qibla, Safat, Kuwait City, KWT, 13023
Aviation Lease & Finance Co KSCC is engaged in the leasing of Aircraft. The company is engaged in the business of aircraft leasing and providing asset management, marketing, and consultancy services to aviation-related businesses in line with the Islamic Shariah principles. The company's offering includes Operating Lease, Sale and Leaseback, and Aircraft Lease Management. Its geographical segments include the Middle East, Asia, Europe, America, and Africa., out of which it generates maximum revenue from Middle East region.
Aviation Lease & Finance Co KSCC (KUW:ALAFCO) Headlines
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