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Linkage Global (Linkage Global) Financial Strength : 6 (As of Sep. 2023)


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What is Linkage Global Financial Strength?

Linkage Global 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.

Linkage Global did not have earnings to cover the interest expense. Linkage Global's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.43. As of today, Linkage Global's Altman Z-Score is 6.77.


Competitive Comparison of Linkage Global's Financial Strength

For the Internet Retail subindustry, Linkage Global'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.


Linkage Global's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Linkage Global's Financial Strength distribution charts can be found below:

* The bar in red indicates where Linkage Global's Financial Strength falls into.



Linkage Global 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:

Linkage Global's Interest Expense for the months ended in Sep. 2023 was $-0.02 Mil. Its Operating Income for the months ended in Sep. 2023 was $-1.37 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2.44 Mil.

Linkage Global's Interest Coverage for the quarter that ended in Sep. 2023 is

Linkage Global did not have earnings to cover the interest expense.

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

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

Linkage Global's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.722 + 2.436) / 7.404
=0.43

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.

Linkage Global has a Z-score of 6.77, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.77 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.


Linkage Global  (NAS:LGCB) 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.

Linkage Global has the Financial Strength Rank of 6.


Linkage Global Financial Strength Related Terms

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Linkage Global (Linkage Global) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

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