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Cinda International Holdings (FRA:HNT) Financial Strength : 5 (As of Jun. 2024)


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What is Cinda International Holdings Financial Strength?

Cinda International Holdings has the Financial Strength Rank of 5.

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.

Cinda International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 was 2.78. Cinda International Holdings's debt to revenue ratio for the quarter that ended in Jun. 2024 was 3.66. As of today, Cinda International Holdings's Altman Z-Score is 0.98.


Competitive Comparison of Cinda International Holdings's Financial Strength

For the Capital Markets subindustry, Cinda International Holdings'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.


Cinda International Holdings's Financial Strength Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cinda International Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cinda International Holdings's Financial Strength falls into.



Cinda International Holdings 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:

Cinda International Holdings's Interest Expense for the months ended in Jun. 2024 was €-1.69 Mil. Its Operating Income for the months ended in Jun. 2024 was €4.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.27 Mil.

Cinda International Holdings's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*4.699/-1.692
=2.78

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

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

Cinda International Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(80.202 + 0.267) / 21.988
=3.66

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.

Cinda International Holdings has a Z-score of 0.98, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.98 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Cinda International Holdings  (FRA:HNT) 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.

Cinda International Holdings has the Financial Strength Rank of 5.


Cinda International Holdings Financial Strength Related Terms

Thank you for viewing the detailed overview of Cinda International Holdings's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Cinda International Holdings Business Description

Traded in Other Exchanges
Address
183 Queen’s Road Central, 45th Floor, COSCO Tower, Hong Kong, HKG
Cinda International Holdings Ltd provides financial services including asset management, corporate financial advisory services, securities brokering, commodities, and futures brokering, and financial planning and insurance brokering. Its segments consist of Asset management; Sales and trading business; and Corporate finance. It derives the majority of the revenue from the Sales and trading business that provides brokering services in securities, equity-linked products, unit trusts and stock options commodities and futures contracts traded in Hong Kong and selected overseas markets, underwriting, placing and margin financing services to those brokering clients, and acting as an agent for the sale of savings plans, general and life insurance and other investment-linked insurance products.

Cinda International Holdings Headlines

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