What is Mitsui O.S.K. Lines Financial Strength?
Mitsui O.S.K. Lines has the Financial Strength Rank of 5.
Warning Sign:
Mitsui O.S.K. Lines Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Mitsui O.S.K. Lines's Interest Coverage for the quarter that ended in Dec. 2023 was 8.22.
Mitsui O.S.K. Lines's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.71.
As of today, Mitsui O.S.K. Lines's Altman Z-Score is 1.86.
Competitive Comparison of Mitsui O.S.K. Lines's Financial Strength
For the Marine Shipping subindustry, Mitsui O.S.K. Lines'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.
Mitsui O.S.K. Lines's Financial Strength Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Mitsui O.S.K. Lines's Financial Strength distribution charts can be found below:
* The bar in red indicates where Mitsui O.S.K. Lines's Financial Strength falls into.
Mitsui O.S.K. Lines 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:
Mitsui O.S.K. Lines's Interest Expense for the
months ended in Dec. 2023 was $-26 Mil. Its Operating Income for the
months ended in Dec. 2023 was $214 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,841 Mil.
Mitsui O.S.K. Lines's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Mitsui O.S.K. Lines Ltd interest coverage is 4.59, which is low.
2. Debt to revenue ratio. The lower, the better.
Mitsui O.S.K. Lines'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.
Mitsui O.S.K. Lines has a Z-score of 1.86, indicating it is in Grey Zones. This implies that Mitsui O.S.K. Lines 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 1.86 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.
Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Business Description
Traded in Other Exchanges
Address
1-1, Toranomon 2-chome, Shosen Mitsui Building, Minato-ku, Tokyo, JPN, 105-8688
Mitsui O.S.K. Lines is a Japanese transportation and logistics company. It operates through five segments: dry bulk, energy transport, product transport, associated businesses, and other. The product transport business is the largest contributor to revenue. Product transport largely focuses on the ownership and operation of containerships, followed by logistics services, car carriers, and inshore ferries. Dry bulk involves transporting materials such as iron ore, coal, grains, wood, cement, salt, and more via company-owned and operated bulk carriers. The energy transport business uses Mitsui tankers to ship crude oil, naphtha, liquefied natural gas, and other energy products. Most revenue is generated domestically in Japan.
Mitsui O.S.K. Lines (Mitsui O.S.K. Lines) Headlines
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