What is Centum Investment Co Financial Strength?
Centum Investment Co has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Centum Investment Co Ltd 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.
Centum Investment Co's Interest Coverage for the quarter that ended in Sep. 2023 was 0.32.
Centum Investment Co's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.63.
As of today, Centum Investment Co's Altman Z-Score is 0.57.
Competitive Comparison of Centum Investment Co's Financial Strength
For the Capital Markets subindustry, Centum Investment Co'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.
Centum Investment Co's Financial Strength Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Centum Investment Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Centum Investment Co's Financial Strength falls into.
Centum Investment Co 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:
Centum Investment Co's Interest Expense for the
months ended in Sep. 2023 was KES-473 Mil. Its Operating Income for the
months ended in Sep. 2023 was KES150 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was KES17,780 Mil.
Centum Investment Co's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Centum Investment Co's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 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.
Centum Investment Co has a Z-score of 0.57, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.57 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.
Centum Investment Co (NAI:CTUM) Business Description
Traded in Other Exchanges
N/A
Address
Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100
Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.
Centum Investment Co (NAI:CTUM) Headlines
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