What is Shenzhen Leaguer Co Financial Strength?
Shenzhen Leaguer 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:
Shenzhen Leaguer 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.
Shenzhen Leaguer Co did not have earnings to cover the interest expense.
Shenzhen Leaguer Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 2.83.
As of today, Shenzhen Leaguer Co's Altman Z-Score is 1.52.
Competitive Comparison of Shenzhen Leaguer Co's Financial Strength
For the Packaging & Containers subindustry, Shenzhen Leaguer 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.
Shenzhen Leaguer Co's Financial Strength Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shenzhen Leaguer Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Shenzhen Leaguer Co's Financial Strength falls into.
Shenzhen Leaguer 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:
Shenzhen Leaguer Co's Interest Expense for the
months ended in Mar. 2024 was ¥-36 Mil. Its Operating Income for the
months ended in Mar. 2024 was ¥-25 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥4,301 Mil.
Shenzhen Leaguer Co's Interest Coverage for the quarter that ended in Mar. 2024 is
| Shenzhen Leaguer Co did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Shenzhen Leaguer Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
2. Debt to revenue ratio. The lower, the better.
Shenzhen Leaguer 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.
Shenzhen Leaguer Co has a Z-score of 1.52, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.52 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.
Shenzhen Leaguer Co (SZSE:002243) Business Description
Traded in Other Exchanges
N/A
Address
No. 1001, Longgang Avenue, Longgang District, Guangdong, Shenzhen, CHN, 518117
Shenzhen Leaguer Co Ltd formerly Shenzhen Beauty Star Co Ltd is engaged in development of new materials, packaging concept design, cosmetic and food plastic packaging production and sales, technological equipments and mold design manufacture, packaging recycling, battery packaging design, and automobile light weighting design.
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Shenzhen Leaguer Co (SZSE:002243) Headlines
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