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Suido Kiko Kaisha (TSE:6403) Financial Strength : 6 (As of Dec. 2023)


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What is Suido Kiko Kaisha Financial Strength?

Suido Kiko Kaisha 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.

Suido Kiko Kaisha has no long-term debt (1). Suido Kiko Kaisha's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.15. As of today, Suido Kiko Kaisha's Altman Z-Score is 1.88.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Suido Kiko Kaisha's Financial Strength

For the Waste Management subindustry, Suido Kiko Kaisha'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.


Suido Kiko Kaisha's Financial Strength Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Suido Kiko Kaisha's Financial Strength distribution charts can be found below:

* The bar in red indicates where Suido Kiko Kaisha's Financial Strength falls into.



Suido Kiko Kaisha 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:

Suido Kiko Kaisha's Interest Expense for the months ended in Dec. 2023 was 円0 Mil. Its Operating Income for the months ended in Dec. 2023 was 円333 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil.

Suido Kiko Kaisha's Interest Coverage for the quarter that ended in Dec. 2023 is

Suido Kiko Kaisha had no long-term debt (1).

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

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

Suido Kiko Kaisha'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
=(2998 + 0) / 20444
=0.15

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.

Suido Kiko Kaisha has a Z-score of 1.88, indicating it is in Grey Zones. This implies that Suido Kiko Kaisha is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 1.88 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Suido Kiko Kaisha  (TSE:6403) 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.

Suido Kiko Kaisha has the Financial Strength Rank of 6.


Suido Kiko Kaisha Financial Strength Related Terms

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Suido Kiko Kaisha (TSE:6403) Business Description

Traded in Other Exchanges
N/A
Address
5-48-16, Sakuragaoka, Setagaya-ku, Tokyo, JPN, 156 0054
Suido Kiko Kaisha, Ltd. is a Japan-based engineering and construction company. Its business activities include designing, construction and supervision of environmental protection and sanitation facilities and water supply and sewage facilities. In addition, the organization also installs and sells water treatment equipment and measuring instruments. The other businesses of the company are working dispatching business, and manufacturing and selling of industrial chemicals.

Suido Kiko Kaisha (TSE:6403) Headlines

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