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SOOSAN INT Co (XKRX:050960) Financial Strength : 10 (As of Dec. 2023)


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What is SOOSAN INT Co Financial Strength?

SOOSAN INT Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

SOOSAN INT 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.

SOOSAN INT Co did not have earnings to cover the interest expense. SOOSAN INT Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01. As of today, SOOSAN INT Co's Altman Z-Score is 4.83.


Competitive Comparison of SOOSAN INT Co's Financial Strength

For the Security & Protection Services subindustry, SOOSAN INT 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.


SOOSAN INT Co's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SOOSAN INT Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where SOOSAN INT Co's Financial Strength falls into.



SOOSAN INT 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:

SOOSAN INT Co's Interest Expense for the months ended in Dec. 2023 was ₩184 Mil. Its Operating Income for the months ended in Dec. 2023 was ₩2,817 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩89 Mil.

SOOSAN INT 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SOOSAN INT 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.

SOOSAN INT 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
=(49.931 + 89.175) / 23382.46
=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.

SOOSAN INT Co has a Z-score of 4.83, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.83 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.


SOOSAN INT Co  (XKRX:050960) 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.

SOOSAN INT Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


SOOSAN INT Co Financial Strength Related Terms

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SOOSAN INT Co (XKRX:050960) Business Description

Traded in Other Exchanges
N/A
Address
5th street 13, Basho Road, Gangnam-gu, Seoul, KOR
SOOSAN INT Co Ltd is a global security solution provider. It offers web filtering security solution and data protection solution to domestic and overseas telco.

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