GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai Anlogic Infotech Co Ltd (SHSE:688107) » Definitions » Financial Strength

Shanghai Anlogic Infotech Co (SHSE:688107) Financial Strength : 7 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Shanghai Anlogic Infotech Co Financial Strength?

Shanghai Anlogic Infotech 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.

Shanghai Anlogic Infotech Co did not have earnings to cover the interest expense. Shanghai Anlogic Infotech Co's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.18. As of today, Shanghai Anlogic Infotech Co's Altman Z-Score is 20.64.


Competitive Comparison of Shanghai Anlogic Infotech Co's Financial Strength

For the Semiconductors subindustry, Shanghai Anlogic Infotech 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.


Shanghai Anlogic Infotech Co's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shanghai Anlogic Infotech Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Shanghai Anlogic Infotech Co's Financial Strength falls into.



Shanghai Anlogic Infotech 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:

Shanghai Anlogic Infotech Co's Interest Expense for the months ended in Sep. 2023 was ¥-0.9 Mil. Its Operating Income for the months ended in Sep. 2023 was ¥-61.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ¥21.8 Mil.

Shanghai Anlogic Infotech Co's Interest Coverage for the quarter that ended in Sep. 2023 is

Shanghai Anlogic Infotech Co did not have earnings to cover the interest expense.

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

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

Shanghai Anlogic Infotech Co's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(112.081 + 21.78) / 753.896
=0.18

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.

Shanghai Anlogic Infotech Co has a Z-score of 20.64, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 20.64 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.


Shanghai Anlogic Infotech Co  (SHSE:688107) 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.

Shanghai Anlogic Infotech Co has the Financial Strength Rank of 7.


Shanghai Anlogic Infotech Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Shanghai Anlogic Infotech Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai Anlogic Infotech Co (SHSE:688107) Business Description

Traded in Other Exchanges
N/A
Address
No. 500, Memorial Road, Room 202, Building 5, Hongkou District, Shanghai, CHN, 201210
Shanghai Anlogic Infotech Co Ltd is engaged in the research and development, design and sales of FPGA chips and dedicated EDA software.

Shanghai Anlogic Infotech Co (SHSE:688107) Headlines

No Headlines