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Anshin Guarantor Service Co (TSE:7183) Financial Strength : 5 (As of Dec. 2023)


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What is Anshin Guarantor Service Co Financial Strength?

Anshin Guarantor Service Co has the Financial Strength Rank of 5.

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.

Anshin Guarantor Service Co's Interest Coverage for the quarter that ended in Dec. 2023 was 35.38. Anshin Guarantor Service Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.10. As of today, Anshin Guarantor Service Co's Altman Z-Score is 1.27.


Competitive Comparison of Anshin Guarantor Service Co's Financial Strength

For the Credit Services subindustry, Anshin Guarantor Service 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.


Anshin Guarantor Service Co's Financial Strength Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Anshin Guarantor Service Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Anshin Guarantor Service Co's Financial Strength falls into.



Anshin Guarantor Service 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:

Anshin Guarantor Service Co's Interest Expense for the months ended in Dec. 2023 was 円-5 Mil. Its Operating Income for the months ended in Dec. 2023 was 円180 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil.

Anshin Guarantor Service 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*179.623/-5.077
=35.38

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

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

Anshin Guarantor Service 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
=(500 + 0) / 4856.756
=0.10

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.

Anshin Guarantor Service Co has a Z-score of 1.27, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.27 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Anshin Guarantor Service Co  (TSE:7183) 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.

Anshin Guarantor Service Co has the Financial Strength Rank of 5.


Anshin Guarantor Service Co Financial Strength Related Terms

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Anshin Guarantor Service Co (TSE:7183) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Kyobashi 1-chome 11th No. 8, Nishigin MID building, 6th floor, Yubinbango, Tokyo, JPN, 104-0031
Anshin Guarantor Service Co.,Ltd., is engaged in providing guarantee business for rental debt. Its product list includes anshin plus, life anshin plus, ion card de rent and apulus anshin rent guarantee.

Anshin Guarantor Service Co (TSE:7183) Headlines

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