What is AGTech Holdings Financial Strength?
AGTech Holdings 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.
AGTech Holdings has no long-term debt (1).
AGTech Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.00.
As of today, AGTech Holdings's Altman Z-Score is 1.98.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of AGTech Holdings's Financial Strength
For the Gambling subindustry, AGTech 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.
AGTech Holdings's Financial Strength Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, AGTech Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where AGTech Holdings's Financial Strength falls into.
AGTech 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:
AGTech Holdings's Interest Expense for the
months ended in Sep. 2023 was HK$0.0 Mil. Its Operating Income for the
months ended in Sep. 2023 was HK$-9.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.0 Mil.
AGTech Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is
| AGTech Holdings had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
AGTech Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is
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.
AGTech Holdings has a Z-score of 1.98, indicating it is in Grey Zones. This implies that AGTech Holdings is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 1.98 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
AGTech Holdings (HKSE:08279) Business Description
Traded in Other Exchanges
Address
Times Square, Causeway Bay, Unit 3912, 39th Floor, Tower Two, Hong Kong, HKG
AGTech Holdings Ltd is an investment holding company that operates in two segments. The lottery operation segment includes sales and leasing of lottery hardware (including the provision of related after-sale services), provision of lottery distribution and ancillary services in Mainland China; and other related services. The electronic payment & related services segment includes the provision of payment card services and ancillary services; the provision of e-wallet services; the provision of acquiring services for other payment service providers; the sale and leasing of payment terminals and equipment; and other related services in Macau & generates the majority of revenue. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from China.
Executives
AGTech Holdings (HKSE:08279) Headlines
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