What is ELION ENERGY CO Financial Strength?
ELION ENERGY CO has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
ELION ENERGY CO LTD 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.
ELION ENERGY CO did not have earnings to cover the interest expense.
ELION ENERGY CO's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.07.
As of today, ELION ENERGY CO's Altman Z-Score is 0.70.
Competitive Comparison of ELION ENERGY CO's Financial Strength
For the Chemicals subindustry, ELION ENERGY CO'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.
ELION ENERGY CO's Financial Strength Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, ELION ENERGY CO's Financial Strength distribution charts can be found below:
* The bar in red indicates where ELION ENERGY CO's Financial Strength falls into.
ELION ENERGY CO 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:
ELION ENERGY CO's Interest Expense for the
months ended in Mar. 2024 was ¥-108 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥-139 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥2,850 Mil.
ELION ENERGY CO's Interest Coverage for the quarter that ended in Mar. 2024 is
| ELION ENERGY CO 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.
ELION ENERGY CO's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
ELION ENERGY CO has a Z-score of 0.70, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.7 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.
ELION ENERGY CO (SHSE:600277) Business Description
Traded in Other Exchanges
N/A
Address
No.15 Guanghua Road, Elion Eco-plaza, Chaoyang District, Beijing, CHN
ELION ENERGY CO LTD is a China-based company engaged in businesses of Ecosystem, Energy, and Finance. Ecosystem business, the company adopts biological and ecological techniques to restore desertified, rocky, salinized, alkalized and degraded land and to improve the environment of western deserts, which includes national ecological projects. In Energy business, the company developed Micro-fine Coal Atomization which has improved combustion efficiency and thermal efficiency and minimizes coal consumption, achieving efficient and clean use of coal and reducing pollutants. In the Finance business, the company intends to build a green finance platform that contains funds, trusts, credit investigation, third-party payment, finance companies, insurance and carbon finance.
ELION ENERGY CO (SHSE:600277) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHSE:600277 has been successfully added to your