What is Sichuan Dawn Precision Technology Co Financial Strength?
Sichuan Dawn Precision Technology 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:
Sichuan Dawn Precision Technology 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.
Sichuan Dawn Precision Technology Co did not have earnings to cover the interest expense.
Sichuan Dawn Precision Technology Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.47.
As of today, Sichuan Dawn Precision Technology Co's Altman Z-Score is 1.83.
Competitive Comparison of Sichuan Dawn Precision Technology Co's Financial Strength
For the Specialty Industrial Machinery subindustry, Sichuan Dawn Precision 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.
Sichuan Dawn Precision Technology Co's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sichuan Dawn Precision Technology Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Sichuan Dawn Precision Technology Co's Financial Strength falls into.
Sichuan Dawn Precision 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.
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:
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.
Sichuan Dawn Precision Technology Co has a Z-score of 1.83, indicating it is in Grey Zones. This implies that Sichuan Dawn Precision 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 1.83 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.
Sichuan Dawn Precision Technology Co (SZSE:300780) 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.
Sichuan Dawn Precision Technology 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.
Sichuan Dawn Precision Technology Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Sichuan Dawn Precision Technology Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Sichuan Dawn Precision Technology Co (SZSE:300780) Business Description
Sichuan Dawn Precision Technology Co Ltd is engaged in the production of casting forging, machining, heat treatment, assembly and packaging. It offers large-scale application of industrial robots, intelligent equipment, intelligent transportation, intelligent warehouse Key technologies of intelligent manufacturing such as information technology, digital technology, equipment data acquisition, large-scale customized production, export of European standard, American standard, Japanese standard, national standard pulley, gear, sprocket, timing belt pulley, coupling, cone Standard mechanical transmission parts such as sleeves, expansion sleeves, geared motors, industrial belts, as well as complete sets of equipment and related parts and components.
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