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United Orthopedic (ROCO:4129A.PFD) Financial Strength : 5 (As of Mar. 2025)


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What is United Orthopedic Financial Strength?

United Orthopedic has the Financial Strength Rank of 5.

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.

United Orthopedic's Interest Coverage for the quarter that ended in Mar. 2025 was 17.92. United Orthopedic's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.33. As of today, United Orthopedic's Altman Z-Score is 3.32.


Competitive Comparison of United Orthopedic's Financial Strength

For the Medical Devices subindustry, United Orthopedic'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.


United Orthopedic's Financial Strength Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, United Orthopedic's Financial Strength distribution charts can be found below:

* The bar in red indicates where United Orthopedic's Financial Strength falls into.


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United Orthopedic 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:

United Orthopedic's Interest Expense for the months ended in Mar. 2025 was NT$-10.80 Mil. Its Operating Income for the months ended in Mar. 2025 was NT$193.63 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$470.76 Mil.

United Orthopedic's Interest Coverage for the quarter that ended in Mar. 2025 is

Interest Coverage=-1*Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*193.631/-10.804
=17.92

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

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

United Orthopedic's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1249.574 + 470.756) / 5188.688
=0.33

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.

United Orthopedic has a Z-score of 3.32, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.32 is strong.

* 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.


United Orthopedic  (ROCO:4129A.PFD) 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.

United Orthopedic has the Financial Strength Rank of 5.


United Orthopedic Financial Strength Related Terms

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United Orthopedic Business Description

Traded in Other Exchanges
Address
No. 57, Second Road, First Floor, Hsinchu Science and Technology Park, New Taipei City, TWN, 23452
United Orthopedic Corp manufactures, develops, and distributes medical equipment such as orthopedic implants and precision medical devices. Its product line includes hip replacement systems, knee replacement systems, as well as oncology and custom implants. Its solutions are used to perform total hip/knee replacements and revisions, plus clinical education, service, and support for surgeons and hospitals.

United Orthopedic Headlines

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