What is Fiskars Oyj Financial Strength?
Fiskars Oyj has the Financial Strength Rank of 5.
Warning Sign:
Fiskars Oyj 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.
Fiskars Oyj's Interest Coverage for the quarter that ended in Dec. 2024 was 4.90.
Fiskars Oyj's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.41.
As of today, Fiskars Oyj's Altman Z-Score is 2.27.
Competitive Comparison of Fiskars Oyj's Financial Strength
For the Home Improvement Retail subindustry, Fiskars Oyj'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.
Fiskars Oyj's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Fiskars Oyj's Financial Strength distribution charts can be found below:
* The bar in red indicates where Fiskars Oyj's Financial Strength falls into.
Fiskars Oyj 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:
Fiskars Oyj's Interest Expense for the
months ended in Dec. 2024 was €-6 Mil. Its Operating Income for the
months ended in Dec. 2024 was €31 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €445 Mil.
Fiskars Oyj's Interest Coverage for the quarter that ended in Dec. 2024 is
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. Fiskars Oyj interest coverage is 1.51, which is low.
2. Debt to revenue ratio. The lower, the better.
Fiskars Oyj's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Fiskars Oyj has a Z-score of 2.27, indicating it is in Grey Zones. This implies that Fiskars Oyj is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.27 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Fiskars Oyj Business Description
Traded in Other Exchanges
Address
Keilaniementie 10, P.O. Box 91, Espoo, FIN, FI-02151
Fiskars Oyj is a home of design-driven brands for indoor and outdoor living. The company is organized in two business areas Vita and Fiskars. The business area Vita offers premium and luxury products for the tableware, drinkware, jewelry and interior categories. It comprises brands such as Iittala, Georg Jensen, Royal Copenhagen, Moomin Arabia and Wedgwood. The business area Fiskars consists of the gardening, watering and outdoor categories as well as the scissors and creating, and cooking categories. The brands include Fiskars and Gerber. Fiskars Group's reporting segments are; Vita, Fiskars and Other. The company's brands are present in more than 100 countries in Asia-Pacific, Europe and the Americas.
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