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Ljubija RZR a.d (XBLB:LJUB-R-A) Financial Strength : 10 (As of Dec. 2022)


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What is Ljubija RZR a.d Financial Strength?

Ljubija RZR a.d has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

Ljubija RZR a.d has no long-term debt (1). Ljubija RZR a.d's debt to revenue ratio for the quarter that ended in Dec. 2022 was 0.00. As of today, Ljubija RZR a.d's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Ljubija RZR a.d's Financial Strength

For the Steel subindustry, Ljubija RZR a.d'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.


Ljubija RZR a.d's Financial Strength Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ljubija RZR a.d's Financial Strength distribution charts can be found below:

* The bar in red indicates where Ljubija RZR a.d's Financial Strength falls into.



Ljubija RZR a.d 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:

Ljubija RZR a.d's Interest Expense for the months ended in Dec. 2022 was BAM0.00 Mil. Its Operating Income for the months ended in Dec. 2022 was BAM-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was BAM0.00 Mil.

Ljubija RZR a.d's Interest Coverage for the quarter that ended in Dec. 2022 is

Ljubija RZR a.d 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.

Ljubija RZR a.d's Debt to Revenue Ratio for the quarter that ended in Dec. 2022 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2022 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -32.526
=0.00

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.

Ljubija RZR a.d 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.


Ljubija RZR a.d  (XBLB:LJUB-R-A) 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.

Ljubija RZR a.d has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Ljubija RZR a.d Financial Strength Related Terms

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Ljubija RZR a.d (XBLB:LJUB-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Akademika J. Raskovica 1, Teslic, BIH, 79101
Ljubija RZR a.d is engaged in exploitation of mining sites. The company focuses on reserves of iron ores and mineral raw materials like quartz sand, clay, limestone, dolomite, barite, fluorite, zinc, and lead.

Ljubija RZR a.d (XBLB:LJUB-R-A) Headlines

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