What is Polyfair Holdings Financial Strength?
Polyfair Holdings has the Financial Strength Rank of 0.
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.
Polyfair Holdings has no long-term debt (1).
As of today, Polyfair Holdings's Altman Z-Score is 0.96.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Polyfair Holdings's Financial Strength
For the Engineering & Construction subindustry, Polyfair 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.
Polyfair Holdings's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Polyfair Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Polyfair Holdings's Financial Strength falls into.
Polyfair 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:
Polyfair Holdings's Interest Expense for the
months ended in Sep. 2024 was HK$0.0 Mil. Its Operating Income for the
months ended in Sep. 2024 was HK$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0.0 Mil.
Polyfair Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is
| Polyfair Holdings had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Polyfair Holdings Ltd interest coverage is 1.11, which is low.
2. Debt to revenue ratio. The lower, the better.
Polyfair Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
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.
Polyfair Holdings has a Z-score of 0.96, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.96 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.
Polyfair Holdings Business Description
Traded in Other Exchanges
N/A
Address
250 King's Road, Unit 1206-07, 12th Floor, Fortress Tower, North Point, Hong Kong, HKG
Polyfair Holdings Ltd is engaged in the provision of construction contract work. The company is also involved in offering facade and curtain wall works solutions in Hong Kong. It renders solutions covering design and project management services. The design services consist of developing plans, conducting structural calculations, and preparing shop drawings. Its project management services generally include sourcing and procuring building materials, arranging for building material logistics and installation works, on-site project management, and post-project completion services. In addition, its work mainly applies to commercial buildings and residential buildings. The group derives its revenue from Hong Kong.
Executives
Polyfair Holdings Headlines
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