What is AECC Aero-Engine Controls Co Financial Strength?
AECC Aero-Engine Controls Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
AECC Aero-Engine Controls Co Ltd 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.
AECC Aero-Engine Controls Co's Interest Coverage for the quarter that ended in Mar. 2024 was 347.07.
AECC Aero-Engine Controls Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, AECC Aero-Engine Controls Co's Altman Z-Score is 5.92.
Competitive Comparison of AECC Aero-Engine Controls Co's Financial Strength
For the Aerospace & Defense subindustry, AECC Aero-Engine Controls 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.
AECC Aero-Engine Controls Co's Financial Strength Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, AECC Aero-Engine Controls Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where AECC Aero-Engine Controls Co's Financial Strength falls into.
AECC Aero-Engine Controls 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:
AECC Aero-Engine Controls Co's Interest Expense for the
months ended in Mar. 2024 was ¥-1 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥299 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥7 Mil.
AECC Aero-Engine Controls Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. AECC Aero-Engine Controls Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
AECC Aero-Engine Controls Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
AECC Aero-Engine Controls Co has a Z-score of 5.92, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 5.92 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.
AECC Aero-Engine Controls Co (SZSE:000738) Business Description
Traded in Other Exchanges
N/A
Address
No.72 , Liangxi Road, Binhu District, Jiangsu Province, Wuxi City, CHN
AECC Aero-Engine Controls Co Ltd is engaged in the provision of aviation and defense and non-aviation civilian products. The company provides civil aviation control system precision components for well-known aviation companies abroad. It operates through three major business segments, Engine Control Systems and Components, International Cooperation and Non-Navigation Products. The Engine Control System and Components business mainly include the development, production, repair, and sales of aero-engine control systems and derivative products.
AECC Aero-Engine Controls Co (SZSE:000738) Headlines
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