GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fuji Die Co Ltd (TSE:6167) » Definitions » Financial Strength

Fuji Die Co (TSE:6167) Financial Strength : 9 (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Fuji Die Co Financial Strength?

Fuji Die Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Fuji Die 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.

Fuji Die Co's Interest Coverage for the quarter that ended in Dec. 2023 was 75.00. Fuji Die Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01. As of today, Fuji Die Co's Altman Z-Score is 3.92.


Competitive Comparison of Fuji Die Co's Financial Strength

For the Tools & Accessories subindustry, Fuji Die 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.


Fuji Die Co's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuji Die Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fuji Die Co's Financial Strength falls into.



Fuji Die 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:

Fuji Die Co's Interest Expense for the months ended in Dec. 2023 was 円-2 Mil. Its Operating Income for the months ended in Dec. 2023 was 円150 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円33 Mil.

Fuji Die Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*150/-2
=75.00

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. Fuji Die 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.

Fuji Die Co'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
=(53 + 33) / 16452
=0.01

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.

Fuji Die Co has a Z-score of 3.92, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.92 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.


Fuji Die Co  (TSE:6167) 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.

Fuji Die Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Fuji Die Co Financial Strength Related Terms

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


Fuji Die Co (TSE:6167) Business Description

Traded in Other Exchanges
N/A
Address
2-17-10, Shimomaruko, Ohta-ku, Tokyo, JPN, 146-0092
Fuji Die CoLtd is engaged in the manufacturing and sell of cemented carbide tools. The Company's products include Can Toolings, Forging Dies, Seal Rings, Dies for semiconductor manufacturing and Vacuum Chucks.

Fuji Die Co (TSE:6167) Headlines

No Headlines