Dasin Retail Trust (SGX:CEDU) Financial Strength : 0 (As of Sep. 2022)

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What is Dasin Retail Trust Financial Strength?

Dasin Retail Trust has the Financial Strength Rank of 0.

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.

Dasin Retail Trust's Interest Coverage for the quarter that ended in Sep. 2022 was 1.31. Dasin Retail Trust's debt to revenue ratio for the quarter that ended in Sep. 2022 was 10.43. As of today, Dasin Retail Trust's Altman Z-Score is 0.00.

Competitive Comparison of Dasin Retail Trust's Financial Strength

For the Real Estate - Development subindustry, Dasin Retail Trust'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.

Dasin Retail Trust's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Dasin Retail Trust's Financial Strength distribution charts can be found below:

* The bar in red indicates where Dasin Retail Trust's Financial Strength falls into.

Dasin Retail Trust 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:

Dasin Retail Trust's Interest Expense for the months ended in Sep. 2022 was S$-8.62 Mil. Its Operating Income for the months ended in Sep. 2022 was S$11.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was S$187.43 Mil.

Dasin Retail Trust's Interest Coverage for the quarter that ended in Sep. 2022 is

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2022 )	/	Interest Expense (Q: Sep. 2022 )
	=	-1	*	11.269	/	-8.623
	=	1.31

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

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

Dasin Retail Trust's Debt to Revenue Ratio for the quarter that ended in Sep. 2022 is

Debt to Revenue Ratio	=	Total Debt (Q: Sep. 2022 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(772.204	+	187.432)	/	91.976
	=	10.43

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.

Dasin Retail Trust 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.

Dasin Retail Trust (SGX:CEDU) 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.

Dasin Retail Trust has the Financial Strength Rank of 0.

Dasin Retail Trust Financial Strength Related Terms

Thank you for viewing the detailed overview of Dasin Retail Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.

Dasin Retail Trust (SGX:CEDU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dasin Retail Trust (SGX:CEDU) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Market Street, CapitaGreen No 26-02, Singapore, SGP, 048946

Website

http://www.dasintrust.com

Dasin Retail Trust is a China retail property trust. The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls. The Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC. The Trust is managed by Dasin Retail Trust Management Pte Ltd in its capacity as the Trustee-Manager. The Trust's reporting segments are Shiqi Metro Mall, Xiaolan Metro Mall, Ocean Metro Mall, Dasin E-Colour, Doumen Metro Mall, Shunde Metro Mall and Tanbei Metro Mall.

Dasin Retail Trust (SGX:CEDU) Headlines

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