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HAGL JSC (STC:HAG) Financial Strength : 7 (As of Mar. 2024)


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What is HAGL JSC Financial Strength?

HAGL JSC has the Financial Strength Rank of 7.

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.

HAGL JSC's Interest Coverage for the quarter that ended in Mar. 2024 was 2.04. HAGL JSC's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.57. As of today, HAGL JSC's Altman Z-Score is 1.16.


Competitive Comparison of HAGL JSC's Financial Strength

For the Real Estate - Diversified subindustry, HAGL JSC'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.


HAGL JSC's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, HAGL JSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where HAGL JSC's Financial Strength falls into.



HAGL JSC 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:

HAGL JSC's Interest Expense for the months ended in Mar. 2024 was ₫-167,705 Mil. Its Operating Income for the months ended in Mar. 2024 was ₫342,058 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫3,366,150 Mil.

HAGL JSC's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*342057.521/-167705.183
=2.04

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

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

HAGL JSC's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4450330.914 + 3366149.743) / 4963751.16
=1.57

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.

HAGL JSC has a Z-score of 1.16, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.16 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.


HAGL JSC  (STC:HAG) 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.

HAGL JSC has the Financial Strength Rank of 7.


HAGL JSC Financial Strength Related Terms

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HAGL JSC (STC:HAG) Business Description

Traded in Other Exchanges
N/A
Address
15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM
HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.

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