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Fuji (FMMFF) Financial Strength : 10 (As of Dec. 2023)


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What is Fuji Financial Strength?

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

Good Sign:

Fuji Corp 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.

Fuji did not have earnings to cover the interest expense. Fuji's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Fuji's Altman Z-Score is 8.42.


Competitive Comparison of Fuji's Financial Strength

For the Specialty Industrial Machinery subindustry, Fuji'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.


Fuji's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuji's Financial Strength distribution charts can be found below:

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



Fuji 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:

Fuji's Interest Expense for the months ended in Dec. 2023 was $0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was $27.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.

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

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Fuji Corp has no debt.

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

Fuji'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
=(0 + 0) / 919.868
=0.00

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.

Fuji has a Z-score of 8.42, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.42 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.


Fuji  (OTCPK:FMMFF) 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.

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


Fuji Financial Strength Related Terms

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Fuji (FMMFF) Business Description

Traded in Other Exchanges
Address
19 Chausuyama, Yamamachi, Aichi, Chiryu, JPN, 472-8686
Fuji Corp is a Japan-based company that primarily manufactures and distributes robotic mounter and machine tools. Its product offerings consist of SMT Equipment, Machine tools, Compact multijoint robot, Atmospheric pressure plasma unit, Mobility support robot, Public stocker system. It operates into three segments Robotic Solutions, Machine Tools, and others.

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