What is Procter & Gamble Hygiene and Health Care Financial Strength?
Procter & Gamble Hygiene and Health Care has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Procter & Gamble Hygiene and Health Care Ltd shows strong financial strength.
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.
Procter & Gamble Hygiene and Health Care's Interest Coverage for the quarter that ended in Mar. 2024 was 10.83.
Procter & Gamble Hygiene and Health Care's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, Procter & Gamble Hygiene and Health Care's Altman Z-Score is 29.77.
Competitive Comparison of Procter & Gamble Hygiene and Health Care's Financial Strength
For the Household & Personal Products subindustry, Procter & Gamble Hygiene and Health Care'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.
Procter & Gamble Hygiene and Health Care's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Hygiene and Health Care's Financial Strength distribution charts can be found below:
* The bar in red indicates where Procter & Gamble Hygiene and Health Care's Financial Strength falls into.
Procter & Gamble Hygiene and Health Care 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.
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:
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.
Procter & Gamble Hygiene and Health Care has a Z-score of 29.77, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 29.77 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.
Procter & Gamble Hygiene and Health Care (NSE:PGHH) 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.
Procter & Gamble Hygiene and Health Care has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Procter & Gamble Hygiene and Health Care Financial Strength Related Terms
Thank you for viewing the detailed overview of Procter & Gamble Hygiene and Health Care's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Procter & Gamble Hygiene and Health Care (NSE:PGHH) Business Description
Procter & Gamble Hygiene and Health Care Ltd is an Indian company engaged in the manufacturing and selling of feminine hygiene care and healthcare products. The portfolio includes brands like Ambi Pur, Head & Shoulders, Olay, Oral-B, Pampers, Pantene, Tide Ariel, Duracell, Gillette, Vicks, and Wella. The business is divided into a feminine hygiene business and a healthcare business. The feminine hygiene business offers sanitary napkins and feminine sanitary hygiene products; its best-known brand is Whisper. The healthcare business offers creams, cough drops, and other health products. The company distributes its products through various channels: from retail locations such as mass merchandizers and grocery stores, to drug stores and department stores.
Procter & Gamble Hygiene and Health Care (NSE:PGHH) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NSE:PGHH has been successfully added to your