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Guanwei Recycling (Guanwei Recycling) Financial Strength : 0 (As of Dec. 2015)


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What is Guanwei Recycling Financial Strength?

Guanwei Recycling has the Financial Strength Rank of 0.

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.

Guanwei Recycling did not have earnings to cover the interest expense. Guanwei Recycling's debt to revenue ratio for the quarter that ended in Dec. 2015 was 0.00. As of today, Guanwei Recycling's Altman Z-Score is 0.00.


Competitive Comparison of Guanwei Recycling's Financial Strength

For the Waste Management subindustry, Guanwei Recycling'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.


Guanwei Recycling's Financial Strength Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Guanwei Recycling's Financial Strength distribution charts can be found below:

* The bar in red indicates where Guanwei Recycling's Financial Strength falls into.



Guanwei Recycling 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:

Guanwei Recycling's Interest Expense for the months ended in Dec. 2015 was $-0.06 Mil. Its Operating Income for the months ended in Dec. 2015 was $-1.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2015 was $0.00 Mil.

Guanwei Recycling's Interest Coverage for the quarter that ended in Dec. 2015 is

Guanwei Recycling 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.

Guanwei Recycling's Debt to Revenue Ratio for the quarter that ended in Dec. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0.255
=0.00

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.

Guanwei Recycling has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Guanwei Recycling  (GREY:GPRC) 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.

Guanwei Recycling has the Financial Strength Rank of 0.


Guanwei Recycling Financial Strength Related Terms

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Guanwei Recycling (Guanwei Recycling) Business Description

Traded in Other Exchanges
N/A
Address
Rong Qiao Economic Zone, Fuqing City, Fujian, CHN, 350301
Guanwei Recycling Corp is a plastic recycling company. It is primarily engaged in the manufacture and distribution of low-density polyethylene and other recycled plastic products using the imported raw material in the form of plastic waste. The plastic polymers include Polyethylene terephthalate, High-density polyethylene, Polyvinyl chloride, Low-density polyethylene, Polypropylene, and Polystyrene. Geographically, the activities of the group are functioned through China.

Guanwei Recycling (Guanwei Recycling) Headlines

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