What is Nanofilm Technologies International Financial Strength?
Nanofilm Technologies International 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.
Nanofilm Technologies International's Interest Coverage for the quarter that ended in Dec. 2023 was 10.85.
Nanofilm Technologies International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.51.
As of today, Nanofilm Technologies International's Altman Z-Score is 2.79.
Competitive Comparison of Nanofilm Technologies International's Financial Strength
For the Electronic Components subindustry, Nanofilm Technologies 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.
Nanofilm Technologies International's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Nanofilm Technologies International's Financial Strength distribution charts can be found below:
* The bar in red indicates where Nanofilm Technologies International's Financial Strength falls into.
Nanofilm Technologies 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:
Nanofilm Technologies International's Interest Expense for the
months ended in Dec. 2023 was S$-1.0 Mil. Its Operating Income for the
months ended in Dec. 2023 was S$10.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$97.2 Mil.
Nanofilm Technologies International's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Nanofilm Technologies International's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Nanofilm Technologies International has a Z-score of 2.79, indicating it is in Grey Zones. This implies that Nanofilm Technologies International 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 2.79 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.
Nanofilm Technologies International (SGX:MZH) Business Description
Traded in Other Exchanges
N/A
Address
11 Tai Seng Drive, Singapore, SGP, 535226
Nanofilm Technologies International Ltd is a provider of nanotechnology solutions in Asia. Its solutions serve as key catalysts enabling customers to achieve high value-add advancements in their end-products in an environmentally sustainable manner. The company operates in three segments: advanced materials BU, Nanofabrication BU, Sydrogen BU and Industrial equipment BU . The majority of its revenue comes from the advanced materials BU segment, which provides advanced materials through surface solution services based on its vacuum coating technologies and processes. Geographically, the company generates revenue from Singapore, Japan, Vietnam and China being the majority revenue generator.
Nanofilm Technologies International (SGX:MZH) Headlines
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