What is New Sparkle Roll International Group Financial Strength?
New Sparkle Roll International Group has the Financial Strength Rank of 4.
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.
New Sparkle Roll International Group did not have earnings to cover the interest expense.
New Sparkle Roll International Group's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.48.
As of today, New Sparkle Roll International Group's Altman Z-Score is 0.82.
Competitive Comparison of New Sparkle Roll International Group's Financial Strength
For the Auto & Truck Dealerships subindustry, New Sparkle Roll International Group'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.
New Sparkle Roll International Group's Financial Strength Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, New Sparkle Roll International Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where New Sparkle Roll International Group's Financial Strength falls into.
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:
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.
New Sparkle Roll International Group has a Z-score of 0.82, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.82 is in distress zone. This implies bankruptcy 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.
New Sparkle Roll International Group (HKSE:00970) 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.
New Sparkle Roll International Group has the Financial Strength Rank of 4.
New Sparkle Roll International Group Financial Strength Related Terms
Thank you for viewing the detailed overview of New Sparkle Roll International Group's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
New Sparkle Roll International Group Business Description
New Sparkle Roll International Group Ltd is an investment holding company. The operating segments of the company include Auto dealerships; Non-auto dealerships; Property management and Others. The company generates maximum revenue from the Auto dealership segment which includes the distribution of branded automobiles, namely Bentley, Lamborghini, and Rolls-Royce, and the provision of related after-sales services. The Non-auto Dealership segment engages in the distribution of branded watches, jewelry, wines, audio equipment, menswear apparel, smokers accessories, and cigars. The Property Management and Others segment engages in the provision of property management, catering, property rental, money lending, movie development, and investment business.
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