What is Hyundai Engineeringnstruction Co Financial Strength?
Hyundai Engineeringnstruction Co has the Financial Strength Rank of 7.
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.
Hyundai Engineeringnstruction Co's Interest Coverage for the quarter that ended in Dec. 2023 was 8.18.
Hyundai Engineeringnstruction Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.07.
As of today, Hyundai Engineeringnstruction Co's Altman Z-Score is 2.36.
Competitive Comparison of Hyundai Engineeringnstruction Co's Financial Strength
For the Engineering & Construction subindustry, Hyundai Engineeringnstruction 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.
Hyundai Engineeringnstruction Co's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Hyundai Engineeringnstruction Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Hyundai Engineeringnstruction Co's Financial Strength falls into.
Hyundai Engineeringnstruction 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:
Hyundai Engineeringnstruction Co's Interest Expense for the
months ended in Dec. 2023 was ₩-19,835 Mil. Its Operating Income for the
months ended in Dec. 2023 was ₩162,156 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,793,566 Mil.
Hyundai Engineeringnstruction Co's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Hyundai Engineeringnstruction Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 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.
Hyundai Engineeringnstruction Co has a Z-score of 2.36, indicating it is in Grey Zones. This implies that Hyundai Engineeringnstruction Co 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 2.36 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.
Hyundai Engineeringnstruction Co (XKRX:000720) Business Description
Traded in Other Exchanges
Address
Hyundai Building 75, Yulgok-ro, Jongno-gu, Seoul, KOR, 110920
Hyundai Engineering & Construction Co Ltd works in the construction industry, and has completed civil, building, plant, and energy projects. It constructs buildings, structures, and infrastructure primarily geared toward transportation, power stations, gas facilities, and real estate. The company operates four business segments: building works, civil works, plant works/electrical works, and other. Procuring materials and delivering timely performance to develop large, complex structures are focuses of the business. The company has a strong sales presence in its home country of Korea, but it derives the majority of its sales from international projects in Asia, Africa, and other regions.
Hyundai Engineeringnstruction Co (XKRX:000720) Headlines
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