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WindowMaster International AS (FRA:9FF) Financial Strength : 4 (As of Jun. 2024)


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What is WindowMaster International AS Financial Strength?

WindowMaster International AS has the Financial Strength Rank of 4.

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.

WindowMaster International AS's Interest Coverage for the quarter that ended in Jun. 2024 was 1.85. WindowMaster International AS's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.26. As of today, WindowMaster International AS's Altman Z-Score is 1.92.


Competitive Comparison of WindowMaster International AS's Financial Strength

For the Building Products & Equipment subindustry, WindowMaster International AS'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.


WindowMaster International AS's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, WindowMaster International AS's Financial Strength distribution charts can be found below:

* The bar in red indicates where WindowMaster International AS's Financial Strength falls into.



WindowMaster International AS 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:

WindowMaster International AS's Interest Expense for the months ended in Jun. 2024 was €-0.51 Mil. Its Operating Income for the months ended in Jun. 2024 was €0.95 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.39 Mil.

WindowMaster International AS's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.946/-0.511
=1.85

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

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

WindowMaster International AS's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.223 + 2.394) / 37.528
=0.26

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.

WindowMaster International AS has a Z-score of 1.92, indicating it is in Grey Zones. This implies that WindowMaster International AS 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 1.92 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.


WindowMaster International AS  (FRA:9FF) 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.

WindowMaster International AS has the Financial Strength Rank of 4.


WindowMaster International AS Financial Strength Related Terms

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WindowMaster International AS Business Description

Traded in Other Exchanges
Address
Skelstedet 13, Vedbaek, DNK, 2950
WindowMaster International AS is a Danish cleantech company that provides intelligent natural ventilation solutions and heat and smoke ventilation solutions, for commercial use in six segments namely offices, Education institutions, Cultural buildings, Shopping centers, Hospitals, and Sports facilities. The company delivers both hardware (window actuators, sensors, and control panels) as well as the software required for every element of the natural ventilation solution to interact in an intelligent and flexible manner. Its products include Actuators and Accessories; Controllers; Sensors and Detectors; Accessories; and Spare parts.

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