What is Singulus Technologies AG Financial Strength?
Singulus Technologies AG has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Singulus Technologies AG 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 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.
Singulus Technologies AG's Interest Coverage for the quarter that ended in Jun. 2024 was 0.71.
Singulus Technologies AG's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.58.
As of today, Singulus Technologies AG's Altman Z-Score is -1.48.
Competitive Comparison of Singulus Technologies AG's Financial Strength
For the Specialty Industrial Machinery subindustry, Singulus Technologies AG'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.
Singulus Technologies AG's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Singulus Technologies AG's Financial Strength distribution charts can be found below:
* The bar in red indicates where Singulus Technologies AG's Financial Strength falls into.
Singulus Technologies AG 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.
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:
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. Singulus Technologies AGs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
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.
Singulus Technologies AG has a Z-score of -1.48, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -1.48 is in distress zone. This implies bankruptcy 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.
Singulus Technologies AG (OTCPK:SGTSY) 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.
Singulus Technologies AG has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Singulus Technologies AG Financial Strength Related Terms
Thank you for viewing the detailed overview of Singulus Technologies AG's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Singulus Technologies AG is an operating high-tech engineering Company. It focuses its activities on the development, manufacturing, and selling of machines, plants, and systems in the area of vacuum coating technology, surface technology, wet-chemical as well as thermal processing technology. The products and services include machine sales as well as service and replacement part activities. Its product portfolio comprises vacuum thin-film and plasma coating, wet-chemical cleaning, and thermal processing technology. The Company operates through three segments: Life Science, Solar, and Semiconductor. It generates the majority of its revenue from the solar segment. Geographically the company operates in Europe, North and South America, Asia, Africa, and Australia.
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