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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Financial Strength : 6 (As of Mar. 2023)


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What is Vishnusurya Projects and Infra Financial Strength?

Vishnusurya Projects and Infra has the Financial Strength Rank of 6.

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.

Vishnusurya Projects and Infra's Interest Coverage for the quarter that ended in Mar. 2023 was 6.29. Vishnusurya Projects and Infra's debt to revenue ratio for the quarter that ended in Mar. 2023 was 0.27. As of today, Vishnusurya Projects and Infra's Altman Z-Score is 8.34.


Competitive Comparison of Vishnusurya Projects and Infra's Financial Strength

For the Other Industrial Metals & Mining subindustry, Vishnusurya Projects and Infra'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.


Vishnusurya Projects and Infra's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Vishnusurya Projects and Infra's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vishnusurya Projects and Infra's Financial Strength falls into.



Vishnusurya Projects and Infra 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:

Vishnusurya Projects and Infra's Interest Expense for the months ended in Mar. 2023 was ₹-41 Mil. Its Operating Income for the months ended in Mar. 2023 was ₹259 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₹244 Mil.

Vishnusurya Projects and Infra's Interest Coverage for the quarter that ended in Mar. 2023 is

Interest Coverage=-1*Operating Income (Q: Mar. 2023 )/Interest Expense (Q: Mar. 2023 )
=-1*259.274/-41.213
=6.29

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Vishnusurya Projects and Infra's Debt to Revenue Ratio for the quarter that ended in Mar. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(118.259 + 244.265) / 1323.711
=0.27

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.

Vishnusurya Projects and Infra has a Z-score of 8.34, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.34 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.


Vishnusurya Projects and Infra  (NSE:VISHNUINFR) 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.

Vishnusurya Projects and Infra has the Financial Strength Rank of 6.


Vishnusurya Projects and Infra Financial Strength Related Terms

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Vishnusurya Projects and Infra (NSE:VISHNUINFR) Business Description

Traded in Other Exchanges
N/A
Address
North Mada Street, 2nd Floor, Qbas Temple Tower, No. 76/25, Mylapore, Chennai, TN, IND, 600 004
Vishnusurya Projects and Infra Ltd is engaged in the mining of rough stones and the manufacturing of aggregates & Manufacture-sand by using Crushing Plants and Sand washing plants. In addition to mining activities, it is engaged in EPC Projects (construction and infrastructure) delivered across all key sectors such as water, transportation, rail, resource, and institutional development. The Company executed and delivered multiple real estate projects in the past such as the construction of villas, multi-storied apartments, specific contracts like compound walls, renovation works, site formation, etc., and design and construction of various infrastructure projects for the government, autonomous and private bodies in state of Tamil Nadu.

Vishnusurya Projects and Infra (NSE:VISHNUINFR) Headlines

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