What is Ever Glory United Holdings Financial Strength?
Ever Glory United Holdings has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Ever Glory United Holdings Ltd shows strong financial strength.
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.
Ever Glory United Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 100.10.
Ever Glory United Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.04.
As of today, Ever Glory United Holdings's Altman Z-Score is 7.77.
Competitive Comparison of Ever Glory United Holdings's Financial Strength
For the Engineering & Construction subindustry, Ever Glory United Holdings'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.
Ever Glory United Holdings's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ever Glory United Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Ever Glory United Holdings's Financial Strength falls into.
Ever Glory United Holdings 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:
Ever Glory United Holdings's Interest Expense for the
months ended in Dec. 2023 was S$-0.02 Mil. Its Operating Income for the
months ended in Dec. 2023 was S$2.10 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.47 Mil.
Ever Glory United Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Ever Glory United Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Ever Glory United Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 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.
Ever Glory United Holdings has a Z-score of 7.77, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 7.77 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.
Ever Glory United Holdings (SGX:ZKX) Business Description
Traded in Other Exchanges
N/A
Address
3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982
Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.
Ever Glory United Holdings (SGX:ZKX) Headlines
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