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China Sun Group High-Tech Co (China Sun Group High-Tech Co) Financial Strength : 0 (As of Feb. 2012)


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What is China Sun Group High-Tech Co Financial Strength?

China Sun Group High-Tech Co has the Financial Strength Rank of 0.

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.

China Sun Group High-Tech Co has no long-term debt (1). China Sun Group High-Tech Co's debt to revenue ratio for the quarter that ended in Feb. 2012 was 0.00. As of today, China Sun Group High-Tech Co's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of China Sun Group High-Tech Co's Financial Strength

For the Electronic Components subindustry, China Sun Group High-Tech 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.


China Sun Group High-Tech Co's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, China Sun Group High-Tech Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where China Sun Group High-Tech Co's Financial Strength falls into.



China Sun Group High-Tech 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:

China Sun Group High-Tech Co's Interest Expense for the months ended in Feb. 2012 was $0.00 Mil. Its Operating Income for the months ended in Feb. 2012 was $3.30 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2012 was $0.00 Mil.

China Sun Group High-Tech Co's Interest Coverage for the quarter that ended in Feb. 2012 is

China Sun Group High-Tech Co had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

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

China Sun Group High-Tech Co's Debt to Revenue Ratio for the quarter that ended in Feb. 2012 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2012 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 45.076
=0.00

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.

China Sun Group High-Tech Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


China Sun Group High-Tech Co  (OTCPK:CSGH) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

China Sun Group High-Tech Co has the Financial Strength Rank of 0.


China Sun Group High-Tech Co Financial Strength Related Terms

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China Sun Group High-Tech Co (China Sun Group High-Tech Co) Business Description

Traded in Other Exchanges
N/A
Address
1 Hutan Street, Zhongshan District, Dalian, Liaoning, CHN, 116015
China Sun Group High-Tech Co through its operating subsidiaries, mainly engages in the production and sales of cobaltosic oxide and lithium cobalt oxide, both anode materials used in lithium ion rechargeable batteries in the PRC.

China Sun Group High-Tech Co (China Sun Group High-Tech Co) Headlines

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