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Wheelock and Co (HKSE:00020) Financial Strength : 0 (As of Dec. 2019)


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What is Wheelock and Co Financial Strength?

Wheelock and 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.

Wheelock and Co's Interest Coverage for the quarter that ended in Dec. 2019 was 11.85. Wheelock and Co's debt to revenue ratio for the quarter that ended in Dec. 2019 was 2.35. As of today, Wheelock and Co's Altman Z-Score is 0.00.


Competitive Comparison of Wheelock and Co's Financial Strength

For the Real Estate - Diversified subindustry, Wheelock and 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.


Wheelock and Co's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wheelock and Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Wheelock and Co's Financial Strength falls into.



Wheelock and 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:

Wheelock and Co's Interest Expense for the months ended in Dec. 2019 was HK$-1,229 Mil. Its Operating Income for the months ended in Dec. 2019 was HK$14,564 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was HK$102,436 Mil.

Wheelock and Co's Interest Coverage for the quarter that ended in Dec. 2019 is

Interest Coverage=-1*Operating Income (Q: Dec. 2019 )/Interest Expense (Q: Dec. 2019 )
=-1*14564/-1229
=11.85

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

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

Wheelock and Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(23447 + 102436) / 53612
=2.35

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.

Wheelock and 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.


Wheelock and Co  (HKSE:00020) 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.

Wheelock and Co has the Financial Strength Rank of 0.


Wheelock and Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Wheelock and Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Wheelock and Co (HKSE:00020) Business Description

Traded in Other Exchanges
N/A
Address
20 Pedder Street, 23rd Floor, Wheelock House, Hong Kong, HKG
Wheelock and Co Ltd is an investment holding company. The company through its subsidiaries operates through four segments namely Investment property, Development property, Hotels, and Logistics. It manages its diversified businesses according to the nature of services and products provided. The business of the group is functioned through the region of Hong Kong, Mainland China, and Singapore and it derives most of the revenue from Hong Kong as well as from the development segment.

Wheelock and Co (HKSE:00020) Headlines

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