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Minh Hai Export Frozen Seafood Processing JSC (HSTC:JOS) Financial Strength : 0 (As of . 20)


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What is Minh Hai Export Frozen Seafood Processing JSC Financial Strength?

Minh Hai Export Frozen Seafood Processing JSC 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.

Minh Hai Export Frozen Seafood Processing JSC did not have earnings to cover the interest expense. As of today, Minh Hai Export Frozen Seafood Processing JSC's Altman Z-Score is 0.00.


Competitive Comparison of Minh Hai Export Frozen Seafood Processing JSC's Financial Strength

For the Packaged Foods subindustry, Minh Hai Export Frozen Seafood Processing JSC'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.


Minh Hai Export Frozen Seafood Processing JSC's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minh Hai Export Frozen Seafood Processing JSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Minh Hai Export Frozen Seafood Processing JSC's Financial Strength falls into.



Minh Hai Export Frozen Seafood Processing JSC 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:

Minh Hai Export Frozen Seafood Processing JSC's Interest Expense for the months ended in . 20 was ₫0.00 Mil. Its Operating Income for the months ended in . 20 was ₫0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.

Minh Hai Export Frozen Seafood Processing JSC's Interest Coverage for the quarter that ended in . 20 is

Minh Hai Export Frozen Seafood Processing JSC had no long-term debt (1).

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

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

Minh Hai Export Frozen Seafood Processing JSC's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Minh Hai Export Frozen Seafood Processing JSC 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.


Minh Hai Export Frozen Seafood Processing JSC  (HSTC:JOS) 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.

Minh Hai Export Frozen Seafood Processing JSC has the Financial Strength Rank of 0.


Minh Hai Export Frozen Seafood Processing JSC Financial Strength Related Terms

Thank you for viewing the detailed overview of Minh Hai Export Frozen Seafood Processing JSC's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Minh Hai Export Frozen Seafood Processing JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
N 09, Cao Thang Street, Ward 8, Ca Mau, VNM
Minh Hai Export Frozen Seafood Processing JSC is a shrimp processing company. Some of its products include Butterfly Black Tiger Shrimp, Hlso Black Tiger Shrimp, Cooked PDTO Black Tiger Shrimp, and PD Vannamei Shrimp. The company's markets include Korea, USA, EU, Japan, Singapore, Taiwan, Australia.

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