What is Guangdong Feinan Resources Recycling Co Financial Strength?
Guangdong Feinan Resources Recycling Co has the Financial Strength Rank of 4.
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.
Guangdong Feinan Resources Recycling Co's Interest Coverage for the quarter that ended in Sep. 2024 was 3.97.
Guangdong Feinan Resources Recycling Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.38.
As of today, Guangdong Feinan Resources Recycling Co's Altman Z-Score is 1.94.
Competitive Comparison of Guangdong Feinan Resources Recycling Co's Financial Strength
For the Waste Management subindustry, Guangdong Feinan Resources Recycling 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.
Guangdong Feinan Resources Recycling Co's Financial Strength Distribution in the Waste Management Industry
For the Waste Management industry and Industrials sector, Guangdong Feinan Resources Recycling Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Guangdong Feinan Resources Recycling Co's Financial Strength falls into.
Guangdong Feinan Resources Recycling 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:
Guangdong Feinan Resources Recycling Co's Interest Expense for the
months ended in Sep. 2024 was ¥-46 Mil. Its Operating Income for the
months ended in Sep. 2024 was ¥184 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ¥1,994 Mil.
Guangdong Feinan Resources Recycling Co's Interest Coverage for the quarter that ended in Sep. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Guangdong Feinan Resources Recycling Co's Debt to Revenue Ratio for the quarter that ended in Sep. 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.
Guangdong Feinan Resources Recycling Co has a Z-score of 1.94, indicating it is in Grey Zones. This implies that Guangdong Feinan Resources Recycling 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 1.94 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.
Guangdong Feinan Resources Recycling Co Business Description
Traded in Other Exchanges
N/A
Address
No. 3-6, Dachong Section, Guihe Road, Lishui Town, Nanhai, Guangdong, Foshan, CHN, 526233
Guangdong Feinan Resources Recycling Co Ltd is mainly engaged in the disposal of non-ferrous metal hazardous waste and the recycling of renewable resources. It is an environmental protection enterprise covering hazardous waste collection, harmless disposal, and resource recycling. The company applies traditional metallurgical technology to the non-ferrous metal hazardous waste disposal and utilization business. It can combine different batches of hazardous waste with low metal grade and different impurity content with copper-containing materials and adopt leading process technology to ultimately produce electrolytic copper, and ice Copper, anode slime and other resource-based products can truly realize resource regeneration and turn waste into treasure.
Guangdong Feinan Resources Recycling Co Headlines
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