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Sebang Global Battery Co (XKRX:004490) Financial Strength : 8 (As of Mar. 2024)


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What is Sebang Global Battery Co Financial Strength?

Sebang Global Battery Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Sebang Global Battery 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.

Sebang Global Battery Co's Interest Coverage for the quarter that ended in Mar. 2024 was 17.05. Sebang Global Battery Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.12. As of today, Sebang Global Battery Co's Altman Z-Score is 3.80.


Competitive Comparison of Sebang Global Battery Co's Financial Strength

For the Electrical Equipment & Parts subindustry, Sebang Global Battery 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.


Sebang Global Battery Co's Financial Strength Distribution in the Industrial Products Industry

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

* The bar in red indicates where Sebang Global Battery Co's Financial Strength falls into.



Sebang Global Battery 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:

Sebang Global Battery Co's Interest Expense for the months ended in Mar. 2024 was ₩-2,702 Mil. Its Operating Income for the months ended in Mar. 2024 was ₩46,065 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,992 Mil.

Sebang Global Battery Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*46064.565/-2701.847
=17.05

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

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

Sebang Global Battery Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(227784.7 + 4992.076) / 1866481.012
=0.12

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.

Sebang Global Battery Co has a Z-score of 3.80, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.8 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.


Sebang Global Battery Co  (XKRX:004490) 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.

Sebang Global Battery Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Sebang Global Battery Co Financial Strength Related Terms

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Sebang Global Battery Co (XKRX:004490) Business Description

Traded in Other Exchanges
N/A
Address
433, Seolleung-ro, Seolleung-ro, Gangnam-gu, Seoul, KOR
Sebang Global Battery Co Ltd is a Korea-based company engaged in the manufacture and sale of storage batteries. It offers batteries that are used in automobiles, motorcycles, electric vehicles and industrial machineries such as excavators and bulldozers. The company provides its products under the brand name of ROCKET. It distributes its products within Korean and overseas markets such as the Caribbean Islands, China, Japan, Europe, Middle East and Africa and others.

Sebang Global Battery Co (XKRX:004490) Headlines

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