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Boyaa Interactive International (HKSE:00434) Financial Strength : 10 (As of Dec. 2023)


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What is Boyaa Interactive International Financial Strength?

Boyaa Interactive International has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Boyaa Interactive International 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.

Boyaa Interactive International's Interest Coverage for the quarter that ended in Dec. 2023 was 1,307.27. Boyaa Interactive International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.03. As of today, Boyaa Interactive International's Altman Z-Score is 4.63.


Competitive Comparison of Boyaa Interactive International's Financial Strength

For the Electronic Gaming & Multimedia subindustry, Boyaa Interactive International'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.


Boyaa Interactive International's Financial Strength Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Boyaa Interactive International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Boyaa Interactive International's Financial Strength falls into.



Boyaa Interactive International 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:

Boyaa Interactive International's Interest Expense for the months ended in Dec. 2023 was HK$-0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$34.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9.6 Mil.

Boyaa Interactive International'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*33.989/-0.026
=1,307.27

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. Boyaa Interactive International Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

Boyaa Interactive International'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
=(3.904 + 9.635) / 438.656
=0.03

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.

Boyaa Interactive International has a Z-score of 4.63, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.63 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.


Boyaa Interactive International  (HKSE:00434) 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.

Boyaa Interactive International has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Boyaa Interactive International Financial Strength Related Terms

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Boyaa Interactive International (HKSE:00434) Business Description

Traded in Other Exchanges
Address
1001 Zhong Shan Yuan Road, 8th Floor, Block E1 International E Town, TCL Industry Park, Nanshan District, Shenzhen, CHN, 518000
Boyaa Interactive International Ltd is an investment holding company. It is engaged in the development and operation of online card and board games through its subsidiaries. The company operates in two segments: Web-based games and Mobile games. Both are offered in various language versions in order to enable game players to play the games in different locations. It generates maximum revenue from Mobile games segment. Geographically, it derives revenue from PRC including Hong Kong.
Executives
Tct (bvi) Limited 2501 Other
The Core Trust Company Limited 2301 Trustee
Core Administration Rsu Limited 2306 Nominee for another person
Chunlei Investment Limited 2201 Interest of corporation controlled by you
Zhang Wei 2307 Founder of a discretionary trust who can infl
Cantrust (far East) Limited 2301 Trustee
Rustem Limited 2306 Nominee for another person
Dai Zhikang 2307 Founder of a discretionary trust who can infl
Visioncode Holdings Limited 2201 Interest of corporation controlled by you
Boyaa Global Limited 2101 Beneficial owner

Boyaa Interactive International (HKSE:00434) Headlines

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