WestStar Industrial (ASX:WSI) Financial Strength: 0 (As of Jun. 2026)

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What is WestStar Industrial Financial Strength?

WestStar Industrial has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

WestStar Industrial's Interest Coverage for the quarter that ended in Jun. 2026 was 5.10. WestStar Industrial's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.04. As of today, WestStar Industrial's Altman Z-Score is 2.47.


WestStar Industrial  (ASX:WSI) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

WestStar Industrial has the Financial Strength Rank of 0.


WestStar Industrial Financial Strength Related Terms


ASX:WSI vs PWR, FIX, EME: Financial Strength Comparison

For the Engineering & Construction subindustry, WestStar Industrial'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.


WestStar Industrial Financial Strength vs Construction Industry

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

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



WestStar Industrial 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:

WestStar Industrial's Interest Expense for the months ended in Jun. 2026 was A$-1.1 Mil. Its Operating Income for the months ended in Jun. 2026 was A$5.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$6.1 Mil.

WestStar Industrial's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*5.512/-1.08
=5.10

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. WestStar Industrial Ltd interest coverage is 2.15, which is low.

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

WestStar Industrial's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.356 + 6.103) / 233.092
=0.04

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.

WestStar Industrial has a Z-score of 2.47, indicating it is in Grey Zones. This implies that WestStar Industrial 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 2.47 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.


WestStar Industrial Business Description

Address 52 Hope Valley Road, Naval Base, WA, AUS, 6165
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.