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Boill Healthcare Holdings (HKSE:01246) Financial Strength : 0 (As of Sep. 2023)


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What is Boill Healthcare Holdings Financial Strength?

Boill Healthcare 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.

Boill Healthcare Holdings did not have earnings to cover the interest expense. Boill Healthcare Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 1.51. As of today, Boill Healthcare Holdings's Altman Z-Score is -1.39.


Competitive Comparison of Boill Healthcare Holdings's Financial Strength

For the Real Estate - Development subindustry, Boill Healthcare 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.


Boill Healthcare Holdings's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Boill Healthcare Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Boill Healthcare Holdings's Financial Strength falls into.



Boill Healthcare 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:

Boill Healthcare Holdings's Interest Expense for the months ended in Sep. 2023 was HK$-4.8 Mil. Its Operating Income for the months ended in Sep. 2023 was HK$-13.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$751.8 Mil.

Boill Healthcare Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is

Boill Healthcare Holdings 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.

Boill Healthcare Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(75.085 + 751.826) / 549.318
=1.51

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.

Boill Healthcare Holdings has a Z-score of -1.39, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -1.39 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.


Boill Healthcare Holdings  (HKSE:01246) 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.

Boill Healthcare Holdings has the Financial Strength Rank of 0.


Boill Healthcare Holdings Financial Strength Related Terms

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Boill Healthcare Holdings (HKSE:01246) Business Description

Traded in Other Exchanges
N/A
Address
No. 111 Connaught Road Central, Room 2101, 21st Floor, Wing On Centre, Hong Kong, HKG
Boill Healthcare Holdings Ltd is an investment holding company. Its operating segment includes Property development that engages in the sale of properties and provision of property management services. Geographically, it derives a majority of its revenue from Mainland China and also has a presence in Hong Kong.
Executives
Qiu Dongfang 2201 Interest of corporation controlled by you
Boill International Co., Limited 2101 Beneficial owner
Liyao Investment Limited 2101 Beneficial owner
Shang Hai Jia Fu Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Bao Ji Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Qiu Dongfang 2201 Interest of corporation controlled by you
China Huarong International Holdings Ltd 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2106 Person having a security interest in shares
Cai Weijie 2101 Beneficial owner

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