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Almujtama Alraida Medical Co (SAU:9592) Financial Strength : 3 (As of . 20)


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What is Almujtama Alraida Medical Co Financial Strength?

Almujtama Alraida Medical Co 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:

Almujtama Alraida Medical Co 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.

Almujtama Alraida Medical Co did not have earnings to cover the interest expense. As of today, Almujtama Alraida Medical Co's Altman Z-Score is 0.00.


Competitive Comparison of Almujtama Alraida Medical Co's Financial Strength

For the Pharmaceutical Retailers subindustry, Almujtama Alraida Medical 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.


Almujtama Alraida Medical Co's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Almujtama Alraida Medical Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Almujtama Alraida Medical Co's Financial Strength falls into.



Almujtama Alraida Medical 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:

Almujtama Alraida Medical Co's Interest Expense for the months ended in . 20 was ﷼0.00 Mil. Its Operating Income for the months ended in . 20 was ﷼0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ﷼0.00 Mil.

Almujtama Alraida Medical Co's Interest Coverage for the quarter that ended in . 20 is

Almujtama Alraida Medical Co had no long-term debt (1).

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

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

Almujtama Alraida Medical Co's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Almujtama Alraida Medical Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Almujtama Alraida Medical Co  (SAU:9592) 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.

Almujtama Alraida Medical Co 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.


Almujtama Alraida Medical Co Financial Strength Related Terms

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Almujtama Alraida Medical Co (SAU:9592) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Main Street, P.O. Box 109474, Al-Hamadania District, Jeddah, SAU, 21351
Almujtama Alraida Medical Co is a company having its core operations include operating pharmacies and retail in pharmaceutical products such as medicines and cosmetic products and medical equipment and medical supplies. It also provides pharmaceutical services in the Kingdom of Saudi Arabia. The Company also has an electronic pharmacy through which sales are made online through the Company's website, including providing free delivery service to customers.

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