What is Medalist Diversified REIT Financial Strength?
Medalist Diversified REIT 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:
Medalist Diversified REIT Inc 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.
Medalist Diversified REIT's Interest Coverage for the quarter that ended in Mar. 2024 was 0.01.
Medalist Diversified REIT's debt to revenue ratio for the quarter that ended in Mar. 2024 was 4.92.
As of today, Medalist Diversified REIT's Altman Z-Score is -0.19.
Competitive Comparison of Medalist Diversified REIT's Financial Strength
For the REIT - Diversified subindustry, Medalist Diversified REIT'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.
Medalist Diversified REIT's Financial Strength Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Medalist Diversified REIT's Financial Strength distribution charts can be found below:
* The bar in red indicates where Medalist Diversified REIT's Financial Strength falls into.
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:
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. Medalist Diversified REIT Incs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
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.
Medalist Diversified REIT has a Z-score of -0.19, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -0.19 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.
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.
Medalist Diversified REIT 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.
Medalist Diversified REIT Financial Strength Related Terms
Thank you for viewing the detailed overview of Medalist Diversified REIT's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Medalist Diversified REIT (Medalist Diversified REIT) Business Description
Medalist Diversified REIT Inc is engaged in the acquisition, reposition, renovation, leasing and managing of income-producing properties with a focus on commercial properties, including flex-industrial and retail properties, multi-family residential properties and hotel properties. The company operates as a UPREIT and owns properties through its subsidiary, Medalist Diversified Holdings, LP. Its principal objectives include sourcing value-add Investments in markets in which it maintains deep industry relationships and local market knowledge and the creation of value for stockholders by utilizing its relationships and local knowledge of commercial real estate investment, management and disposition.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MDRR has been successfully added to your