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Dah Chong Hong Holdings (Dah Chong Hong Holdings) Financial Strength : 0 (As of Jun. 2019)


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What is Dah Chong Hong Holdings Financial Strength?

Dah Chong Hong Holdings 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.

Dah Chong Hong Holdings's Interest Coverage for the quarter that ended in Jun. 2019 was 3.21. Dah Chong Hong Holdings's debt to revenue ratio for the quarter that ended in Jun. 2019 was 0.24. As of today, Dah Chong Hong Holdings's Altman Z-Score is 2.49.


Competitive Comparison of Dah Chong Hong Holdings's Financial Strength

For the Auto & Truck Dealerships subindustry, Dah Chong Hong Holdings'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.


Dah Chong Hong Holdings's Financial Strength Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dah Chong Hong Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Dah Chong Hong Holdings's Financial Strength falls into.



Dah Chong Hong Holdings 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:

Dah Chong Hong Holdings's Interest Expense for the months ended in Jun. 2019 was $-25 Mil. Its Operating Income for the months ended in Jun. 2019 was $80 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $1,132 Mil.

Dah Chong Hong Holdings's Interest Coverage for the quarter that ended in Jun. 2019 is

Interest Coverage=-1*Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*79.99/-24.917
=3.21

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

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

Dah Chong Hong Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(315.487 + 1131.613) / 6087.656
=0.24

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.

Dah Chong Hong Holdings has a Z-score of 2.49, indicating it is in Grey Zones. This implies that Dah Chong Hong Holdings 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 2.49 is in grey area. The implies that the company is in some kind of financial stress. If it is below 1.8, the company may faces bankrupcy 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.


Dah Chong Hong Holdings  (OTCPK:DAHCY) 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.

Dah Chong Hong Holdings has the Financial Strength Rank of 0.


Dah Chong Hong Holdings Financial Strength Related Terms

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Dah Chong Hong Holdings (Dah Chong Hong Holdings) Business Description

Traded in Other Exchanges
N/A
Address
20 Kai Cheung Road, 8th Floor, DCH Building, Kowloon Bay, HKG
Dah Chong Hong Holdings Ltd (DCH) is a business conglomerate that operates in the consumer market of Greater China, Singapore and Japan. DCH operates a diversified portfolio of business including motor and motor-related business, as well as food and consumer products business with its logistics services activities. DCH's majority of the revenue is earned from the motor and motor related business that includes distribution and dealership of motor vehicle, and it's other motor related business includes an operation of independent service outlets, trading of equipment parts & used car, motor leasing, and selling of yachts. It also operates other small business including property, advertising, insurance and other investments.

Dah Chong Hong Holdings (Dah Chong Hong Holdings) Headlines

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