GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Vinatrans Da Nang JSC (HSTC:VMT) » Definitions » Financial Strength

Vinatrans Da Nang JSC (HSTC:VMT) Financial Strength : 3 (As of . 20)


View and export this data going back to 2023. Start your Free Trial

What is Vinatrans Da Nang JSC Financial Strength?

Vinatrans Da Nang JSC has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Vinatrans Da Nang JSC displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Vinatrans Da Nang JSC did not have earnings to cover the interest expense. As of today, Vinatrans Da Nang JSC's Altman Z-Score is 0.00.


Competitive Comparison of Vinatrans Da Nang JSC's Financial Strength

For the Integrated Freight & Logistics subindustry, Vinatrans Da Nang 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.


Vinatrans Da Nang JSC's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Vinatrans Da Nang JSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vinatrans Da Nang JSC's Financial Strength falls into.



Vinatrans Da Nang 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:

Vinatrans Da Nang 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.

Vinatrans Da Nang JSC's Interest Coverage for the quarter that ended in . 20 is

Vinatrans Da Nang 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.

Vinatrans Da Nang 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.

Vinatrans Da Nang 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.


Vinatrans Da Nang JSC  (HSTC:VMT) 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.

Vinatrans Da Nang JSC has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Vinatrans Da Nang JSC Financial Strength Related Terms

Thank you for viewing the detailed overview of Vinatrans Da Nang JSC's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Vinatrans Da Nang JSC Business Description

Traded in Other Exchanges
N/A
Address
184 Tran Phu, Phuong Ninh ward, Hai Chau district, Da Nang, VNM
Vinatrans Da Nang JSC provides international freight forwarding services. The company's services includes freight forwarding services by sea, air, multimodal forwarding, chartering, express delivery, logistics, customs clearance.

Vinatrans Da Nang JSC Headlines

No Headlines