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Himsnab Bulgaria AD (XBUL:CHSB) Financial Strength : 0 (As of Dec. 2017)


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What is Himsnab Bulgaria AD Financial Strength?

Himsnab Bulgaria AD has the Financial Strength Rank of 0.

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.

Himsnab Bulgaria AD's Interest Coverage for the quarter that ended in Dec. 2017 was 3.20. Himsnab Bulgaria AD's debt to revenue ratio for the quarter that ended in Dec. 2017 was 1.61. As of today, Himsnab Bulgaria AD's Altman Z-Score is 0.00.


Competitive Comparison of Himsnab Bulgaria AD's Financial Strength

For the Real Estate Services subindustry, Himsnab Bulgaria AD'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.


Himsnab Bulgaria AD's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Himsnab Bulgaria AD's Financial Strength distribution charts can be found below:

* The bar in red indicates where Himsnab Bulgaria AD's Financial Strength falls into.



Himsnab Bulgaria AD 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:

Himsnab Bulgaria AD's Interest Expense for the months ended in Dec. 2017 was лв-0.52 Mil. Its Operating Income for the months ended in Dec. 2017 was лв1.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was лв28.26 Mil.

Himsnab Bulgaria AD's Interest Coverage for the quarter that ended in Dec. 2017 is

Interest Coverage=-1*Operating Income (Q: Dec. 2017 )/Interest Expense (Q: Dec. 2017 )
=-1*1.649/-0.515
=3.20

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

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

Himsnab Bulgaria AD's Debt to Revenue Ratio for the quarter that ended in Dec. 2017 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2017 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11.282 + 28.257) / 24.484
=1.61

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.

Himsnab Bulgaria AD 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.


Himsnab Bulgaria AD  (XBUL:CHSB) 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.

Himsnab Bulgaria AD has the Financial Strength Rank of 0.


Himsnab Bulgaria AD Financial Strength Related Terms

Thank you for viewing the detailed overview of Himsnab Bulgaria AD's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Himsnab Bulgaria AD (XBUL:CHSB) Business Description

Traded in Other Exchanges
N/A
Address
1 Skladova Baza Street, Iliyantsi Quarter, Nadezhda District, Sofia, BGR, 1271
Himsnab Bulgaria AD is engaged in letting of own assets for rent for commercial, warehouse and office space and production, commercial activity.

Himsnab Bulgaria AD (XBUL:CHSB) Headlines

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