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BoardWare Intelligence Technology (HKSE:01204) Financial Strength : 7 (As of Dec. 2024)


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What is BoardWare Intelligence Technology Financial Strength?

BoardWare Intelligence Technology has the Financial Strength Rank of 7.

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.

BoardWare Intelligence Technology did not have earnings to cover the interest expense. BoardWare Intelligence Technology's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.04. As of today, BoardWare Intelligence Technology's Altman Z-Score is 3.65.


Competitive Comparison of BoardWare Intelligence Technology's Financial Strength

For the Information Technology Services subindustry, BoardWare Intelligence Technology'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.


BoardWare Intelligence Technology's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, BoardWare Intelligence Technology's Financial Strength distribution charts can be found below:

* The bar in red indicates where BoardWare Intelligence Technology's Financial Strength falls into.


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BoardWare Intelligence Technology 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:

BoardWare Intelligence Technology's Interest Expense for the months ended in Dec. 2024 was HK$-1.0 Mil. Its Operating Income for the months ended in Dec. 2024 was HK$-7.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$5.8 Mil.

BoardWare Intelligence Technology's Interest Coverage for the quarter that ended in Dec. 2024 is

BoardWare Intelligence Technology did not have earnings to cover the interest expense.

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

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

BoardWare Intelligence Technology's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(23.72 + 5.759) / 659.806
=0.04

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.

BoardWare Intelligence Technology has a Z-score of 3.65, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.65 is strong.

* 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.


BoardWare Intelligence Technology  (HKSE:01204) 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.

BoardWare Intelligence Technology has the Financial Strength Rank of 7.


BoardWare Intelligence Technology Financial Strength Related Terms

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BoardWare Intelligence Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Sheung Yuet Road, Unit 01-02, 12th Floor, Tower I Enterprise Square, Kowloon Bay, Kowloon, Hong Kong, HKG
BoardWare Intelligence Technology Ltd is dedicated to providing reliable, end-to-end, and high-quality enterprise IT solutions to customers. It is engaged in the design, architecture, and building up of total IT solutions for customers in various industry sectors in Macau. In addition, the company is engaged in the distribution and resale of hardware and software.
Executives
Chao Ka Chon 2201 Interest of corporation controlled by you
Tai Wah (bvi) Holdings Limited 2101 Beneficial owner
Wong Pui Fan 2202 Interest of your spouse
Ung Choi Kun 2101 Beneficial owner
Da Heng Qin Ao Men You Xian Gong Si 2101 Beneficial owner
Zhu Hai Da Heng Qin Ji Tuan You Xian Gong Si 2101 Beneficial owner

BoardWare Intelligence Technology Headlines

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