Halu Group (XNEC:HG1) Probability of Financial Distress (%)


What is Halu Group Probability of Financial Distress (%)?

Halu Group does not have enough data to calculate Probability of Financial Distress (%).

Halu Group  (XNEC:HG1) 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.

Halu Group Probability of Financial Distress (%) Related Terms

Halu Group Probability of Financial Distress (%) Historical Data

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The historical data trend for Halu Group'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.

Halu Group Probability of Financial Distress (%) Chart

Halu Group Annual Data
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Halu Group Semi-Annual Data
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XNEC:HG1 vs : Probability of Financial Distress (%) Comparison

For the Metal Fabrication subindustry, Halu Group'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.

Halu Group Probability of Financial Distress (%) vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Halu Group's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Halu Group's Probability of Financial Distress (%) falls into.


Halu Group Business Description

Comparable Companies
Address Unit 6, Level 1, 267 Angas Street, Adelaide, SA, AUS, 5000
Halu Group Ltd is engaged in the design, manufacture, marketing and sales of bearings. The company's products include deep groove ball bearings; spherical ball bearings; thrust ball bearings; angular contact ball bearings; taper roller bearings; spherical roller bearings; cylindrical roller bearings; thrust cylindrical roller bearings; needle roller bearings; and outer spherical bearings. Its bearings are sold in Australia under the HRB Brand to multiple industries including motors, the agricultural machinery industry, automobile manufacturing industry and transmission facilities manufacturing industry.