What is Moon Environment Technology Co Financial Strength?
Moon Environment Technology Co 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.
Moon Environment Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 was 14.27.
Moon Environment Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.16.
As of today, Moon Environment Technology Co's Altman Z-Score is 2.69.
Competitive Comparison of Moon Environment Technology Co's Financial Strength
For the Building Products & Equipment subindustry, Moon Environment Technology 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.
Moon Environment Technology Co's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Moon Environment Technology Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Moon Environment Technology Co's Financial Strength falls into.
Moon Environment Technology 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:
Moon Environment Technology Co's Interest Expense for the
months ended in Mar. 2024 was ¥-9 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥125 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥481 Mil.
Moon Environment Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Moon Environment Technology 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.
Moon Environment Technology Co has a Z-score of 2.69, indicating it is in Grey Zones. This implies that Moon Environment Technology Co is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.69 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Moon Environment Technology Co (SZSE:000811) Business Description
Traded in Other Exchanges
N/A
Address
No. 1, Binglun Road, Shandong Province, Yantai, CHN
Moon Environment Technology Co Ltd operates in the refrigeration and air-conditioning industry. It is primarily involved in research and development, and manufacturing of industrial refrigeration, commercial refrigeration, and central air conditioner. The products offered by the group include refrigeration equipment, food processing equipment, auxiliary refrigeration equipment, cold storage panel, gas compression equipment. Geographically the business activities are carried out through China.
Executives
Moon Environment Technology Co (SZSE:000811) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000811 has been successfully added to your