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BeijingWest Industries International (BeijingWest Industries International) Financial Strength : 5 (As of Dec. 2023)


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What is BeijingWest Industries International Financial Strength?

BeijingWest Industries International has the Financial Strength Rank of 5.

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.

BeijingWest Industries International did not have earnings to cover the interest expense. BeijingWest Industries International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.12. As of today, BeijingWest Industries International's Altman Z-Score is 2.02.


Competitive Comparison of BeijingWest Industries International's Financial Strength

For the Auto Parts subindustry, BeijingWest Industries International'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.


BeijingWest Industries International's Financial Strength Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BeijingWest Industries International's Financial Strength distribution charts can be found below:

* The bar in red indicates where BeijingWest Industries International's Financial Strength falls into.



BeijingWest Industries International 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:

BeijingWest Industries International's Interest Expense for the months ended in Dec. 2023 was $-0.7 Mil. Its Operating Income for the months ended in Dec. 2023 was $-6.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33.6 Mil.

BeijingWest Industries International's Interest Coverage for the quarter that ended in Dec. 2023 is

BeijingWest Industries International 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.

BeijingWest Industries International's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.901 + 33.559) / 327.318
=0.12

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.

BeijingWest Industries International has a Z-score of 2.02, indicating it is in Grey Zones. This implies that BeijingWest Industries International 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 2.02 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.


BeijingWest Industries International  (OTCPK:NFGRF) 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.

BeijingWest Industries International has the Financial Strength Rank of 5.


BeijingWest Industries International Financial Strength Related Terms

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BeijingWest Industries International (BeijingWest Industries International) Business Description

Traded in Other Exchanges
Address
39 Gloucester Road, Rooms 1005-06, 10th Floor, Harcourt Building, Wanchai, Hong Kong, HKG
BeijingWest Industries International Ltd is a China-based company engaged in the manufacturing, sale and trading of automotive parts and components. It is involved in one business segment, namely, Manufacturing and sales of auto parts. The company's products include Suspension and brake products. It also provides technical services related to its products. The company operates in the United Kingdom, Germany, United States, Mainland China, and other countries. The company generates the majority of its revenue from the sale of its industrial products.

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