What is Easy Click Worldwide Network Technology Co Financial Strength?
Easy Click Worldwide Network Technology Co has the Financial Strength Rank of 7.
Good Sign:
Easy Click Worldwide Network Technology Co Ltd 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.
Easy Click Worldwide Network Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 23.80.
Easy Click Worldwide Network Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.44.
As of today, Easy Click Worldwide Network Technology Co's Altman Z-Score is 4.02.
Competitive Comparison of Easy Click Worldwide Network Technology Co's Financial Strength
For the Advertising Agencies subindustry, Easy Click Worldwide Network Technology 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.
Easy Click Worldwide Network Technology Co's Financial Strength Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Easy Click Worldwide Network Technology Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Easy Click Worldwide Network Technology Co's Financial Strength falls into.
Easy Click Worldwide Network Technology 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:
Easy Click Worldwide Network Technology Co's Interest Expense for the
months ended in Mar. 2024 was ¥-3 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥68 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥76 Mil.
Easy Click Worldwide Network Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Easy Click Worldwide Network Technology Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Easy Click Worldwide Network Technology Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
Easy Click Worldwide Network Technology Co has a Z-score of 4.02, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 4.02 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.
Easy Click Worldwide Network Technology Co (SZSE:301171) Business Description
Traded in Other Exchanges
N/A
Address
No. 156, Tiangu Eighth Road, Room 903, Building C3, Phase II, Software New Town R&D Base, High-tech Zone, Shaanxi Province, Xi'an City, CHN, 710077
Easy Click Worldwide Network Technology Co Ltd is committed as a global intelligent data-driven marketing service profession to provide results-driven services included performance marketing, brand building and industrial solutions integrating. The company's clients is involved in wide range industries of E-commerce, tool applications, information dissemination, games and other pan-entertainment applications.
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