Huffaz Seamless Pipe Industries (KAR:HSPI) Probability of Financial Distress (%)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Huffaz Seamless Pipe Industries Probability of Financial Distress (%)?

Huffaz Seamless Pipe Industries does not have enough data to calculate Probability of Financial Distress (%).

Huffaz Seamless Pipe Industries  (KAR:HSPI) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Huffaz Seamless Pipe Industries Probability of Financial Distress (%) Related Terms

Huffaz Seamless Pipe Industries Probability of Financial Distress (%) Historical Data

* Premium members only.

The historical data trend for Huffaz Seamless Pipe Industries's Probability of Financial Distress (%) can be seen below:

* 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.

Huffaz Seamless Pipe Industries Probability of Financial Distress (%) Chart

Huffaz Seamless Pipe Industries Annual Data
Trend
Probability of Financial Distress (%)

Huffaz Seamless Pipe Industries Quarterly Data
Probability of Financial Distress (%)

KAR:HSPI vs CTAM, SGBX: Probability of Financial Distress (%) Comparison

For the Steel subindustry, Huffaz Seamless Pipe Industries's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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.

Huffaz Seamless Pipe Industries Probability of Financial Distress (%) vs Steel Industry

For the Steel industry and Basic Materials sector, Huffaz Seamless Pipe Industries's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Huffaz Seamless Pipe Industries's Probability of Financial Distress (%) falls into.


Huffaz Seamless Pipe Industries Business Description

Address 207-210, Second Floor, Mashriq Centre, Block 14, Gulshan-e-Iqbal, Karachi, PAK
Huffaz Seamless Pipe Industries Ltd manufactures and sells seamless steel pipes and tubes mainly in Pakistan. The company operates through Seamless and Coating segments. The Seamless segment offers boiler tubes, heat exchanger tubes; high/ low-temperature services pipes/tubes, mechanical tubes, line pipes, structural pipes/tubes, casing, and tubing products. The coating segment which contributes the majority of revenue offers three-layered outer and inner epoxy coatings, and tape roll coatings, as well as line pipes with three-layer polyethylene/polypropylene and fusion, bonded epoxy-coated pipes/tubes for couplings and casings.