GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fu Burg Industrial Co Ltd (ROCO:8929) » Definitions » Financial Strength

Fu Burg Industrial Co (ROCO:8929) Financial Strength : 6 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Fu Burg Industrial Co Financial Strength?

Fu Burg Industrial Co has the Financial Strength Rank of 6.

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.

Fu Burg Industrial Co did not have earnings to cover the interest expense. Fu Burg Industrial Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.28. As of today, Fu Burg Industrial Co's Altman Z-Score is 2.44.


Competitive Comparison of Fu Burg Industrial Co's Financial Strength

For the Household & Personal Products subindustry, Fu Burg Industrial 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.


Fu Burg Industrial Co's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fu Burg Industrial Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Fu Burg Industrial Co's Financial Strength falls into.



Fu Burg Industrial 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:

Fu Burg Industrial Co's Interest Expense for the months ended in Dec. 2023 was NT$-1.7 Mil. Its Operating Income for the months ended in Dec. 2023 was NT$-0.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$3.0 Mil.

Fu Burg Industrial Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Fu Burg Industrial 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.

Fu Burg Industrial Co'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
=(204.248 + 3.009) / 743.78
=0.28

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.

Fu Burg Industrial Co has a Z-score of 2.44, indicating it is in Grey Zones. This implies that Fu Burg Industrial Co 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 2.44 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.


Fu Burg Industrial Co  (ROCO:8929) 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.

Fu Burg Industrial Co has the Financial Strength Rank of 6.


Fu Burg Industrial Co Financial Strength Related Terms

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


Fu Burg Industrial Co (ROCO:8929) Business Description

Traded in Other Exchanges
N/A
Address
2F-3, No.130, section 2, Zhong-Xiao East Road, Jhongjheng District, Taipei, TWN, 100
Fu Burg Industrial Co Ltd is engaged in the manufacture and sale of paper hygiene products such as adult and baby diapers and wet wipes. Some of its products include sanitary pads, tissue paper, paper cups, plates, hats, diapers, clothing, and pants.

Fu Burg Industrial Co (ROCO:8929) Headlines

No Headlines