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Digital Graphicsorporation (XKRX:043360) Financial Strength : 8 (As of Dec. 2023)


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What is Digital Graphicsorporation Financial Strength?

Digital Graphicsorporation has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Digital Graphics Incorporation 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.

Digital Graphicsorporation did not have earnings to cover the interest expense. Digital Graphicsorporation's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.02. As of today, Digital Graphicsorporation's Altman Z-Score is 4.29.


Competitive Comparison of Digital Graphicsorporation's Financial Strength

For the Computer Hardware subindustry, Digital Graphicsorporation'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.


Digital Graphicsorporation's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Digital Graphicsorporation's Financial Strength distribution charts can be found below:

* The bar in red indicates where Digital Graphicsorporation's Financial Strength falls into.



Digital Graphicsorporation 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:

Digital Graphicsorporation's Interest Expense for the months ended in Dec. 2023 was ₩-12 Mil. Its Operating Income for the months ended in Dec. 2023 was ₩-1,267 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩131 Mil.

Digital Graphicsorporation's Interest Coverage for the quarter that ended in Dec. 2023 is

Digital Graphicsorporation 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.

Digital Graphicsorporation'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
=(319.985 + 131.332) / 20686.392
=0.02

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.

Digital Graphicsorporation has a Z-score of 4.29, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.29 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.


Digital Graphicsorporation  (XKRX:043360) 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.

Digital Graphicsorporation has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Digital Graphicsorporation Financial Strength Related Terms

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Digital Graphicsorporation (XKRX:043360) Business Description

Traded in Other Exchanges
N/A
Address
52, Cheongdam-ro, Gyeonggi-do, Yangju-si, KOR, 11459
Digital Graphics Incorporation is a Korean company engaged in providing technologically integrated digital inkjet printing solutions. It manufactures and markets products such as signs and graphics printer, cutting plotter and textile printer. The organization has a business presence in Korea and other countries.

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