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Logwin AG (XTER:TGHN) Financial Strength : 9 (As of Dec. 2023)


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What is Logwin AG Financial Strength?

Logwin AG has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Logwin AG 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.

Logwin AG's Interest Coverage for the quarter that ended in Dec. 2023 was 16.59. Logwin AG's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.06. As of today, Logwin AG's Altman Z-Score is 3.92.


Competitive Comparison of Logwin AG's Financial Strength

For the Integrated Freight & Logistics subindustry, Logwin AG'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.


Logwin AG's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Logwin AG's Financial Strength distribution charts can be found below:

* The bar in red indicates where Logwin AG's Financial Strength falls into.



Logwin AG 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:

Logwin AG's Interest Expense for the months ended in Dec. 2023 was €-3 Mil. Its Operating Income for the months ended in Dec. 2023 was €44 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €44 Mil.

Logwin AG'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*44.303/-2.67
=16.59

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

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

Logwin AG'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
=(31.037 + 44.022) / 1169.088
=0.06

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.

Logwin AG has a Z-score of 3.92, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.92 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.


Logwin AG  (XTER:TGHN) 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.

Logwin AG has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Logwin AG Financial Strength Related Terms

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Logwin AG (XTER:TGHN) Business Description

Traded in Other Exchanges
Address
5, an de Langten, ZIR Potaschberg, Grevenmacher, LUX, L-6776
Logwin AG provides transport and logistics services. Its services cover sea freight, air freight, retail network, project logistics, air charter, and ship part logistics, warehousing, value-added services, efulfillment, and transport management. The company has Solutions and Air plus ocean business segments. Solution segment develops contract logistics solutions and offers industry-specific transport and logistics concepts to industrial engineering, automotive, chemicals, electronics, high tech, retail, and fashion companies. Air plus ocean segment manages international shipments through air and sea and related logistics services. Air plus ocean segment generates the majority of the revenues. Geographically, it derived maximum revenue from Germany.

Logwin AG (XTER:TGHN) Headlines

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