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Morgan Stanley China A Share Fund (Morgan Stanley China A Share Fund) Financial Strength : 8 (As of Dec. 2023)


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What is Morgan Stanley China A Share Fund Financial Strength?

Morgan Stanley China A Share Fund has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Morgan Stanley China A Share Fund Inc 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.

GuruFocus does not calculate Morgan Stanley China A Share Fund's interest coverage with the available data. Morgan Stanley China A Share Fund's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Morgan Stanley China A Share Fund 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:

Morgan Stanley China A Share Fund's Interest Expense for the months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2023 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Morgan Stanley China A Share Fund's Interest Coverage for the quarter that ended in Dec. 2023 is

Morgan Stanley China A Share Fund had no long-term debt (1).

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

Good Sign:

Morgan Stanley China A Share Fund Inc has no debt.

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

Morgan Stanley China A Share Fund's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / -27.526
=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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Morgan Stanley China A Share Fund  (NYSE:CAF) 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.

Morgan Stanley China A Share Fund has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Morgan Stanley China A Share Fund Financial Strength Related Terms

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Morgan Stanley China A Share Fund (Morgan Stanley China A Share Fund) Business Description

Traded in Other Exchanges
N/A
Address
522 Fifth Avenue, New York, NY, USA, 10036
Morgan Stanley China A Share Fund Inc is the United States based non-diversified, closed-end management investment company. Its investment objective is to seek capital growth by investing a majority of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. Its portfolio of investments consists of investment in different sectors such as the aerospace and defense, banks, automobiles, household durables, media, pharmaceuticals, software and other sectors.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Amay Ashok Hattangadi officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Leon Sun officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Samuel Gene Rhee other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
May Yu other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT INC, 522 5TH AVENUE, NEW YORK X1 10036
Kar Heng Cheung other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036