What is Johnson Health Tech Co Financial Strength?
Johnson Health Tech Co has the Financial Strength Rank of 4.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.
A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.
Johnson Health Tech Co's Interest Coverage for the quarter that ended in Dec. 2024 was 43.90.
Johnson Health Tech Co's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.25.
As of today, Johnson Health Tech Co's Altman Z-Score is 2.77.
Competitive Comparison of Johnson Health Tech Co's Financial Strength
For the Leisure subindustry, Johnson Health Tech 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.
Johnson Health Tech Co's Financial Strength Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Johnson Health Tech Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Johnson Health Tech Co's Financial Strength falls into.
Johnson Health Tech 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:
Johnson Health Tech Co's Interest Expense for the
months ended in Dec. 2024 was NT$-53 Mil. Its Operating Income for the
months ended in Dec. 2024 was NT$2,331 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$9,508 Mil.
Johnson Health Tech Co's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Johnson Health Tech Co's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Johnson Health Tech Co has a Z-score of 2.77, indicating it is in Grey Zones. This implies that Johnson Health Tech 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 2.77 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.
Johnson Health Tech Co Business Description
Traded in Other Exchanges
N/A
Address
No. 999, Dongda Road, Section 2, Daya District, Taichung, TWN, 428
Johnson Health Tech Co Ltd is a producer of fitness equipment. The company operates several brands including Matrix, Vision Fitness, Horizon Fitness, Treo Fitness, and Tempo Fitness. Johnson Health Tech produces equipment for both home and commercial gyms. The firm has four reporting segments which include American, European, Asian, and other. The majority of the revenue derives from the American segment which is In charge of selling cardiovascular equipment and research and development of training equipment in America.
Johnson Health Tech Co Headlines
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