What is Young Fast Optoelectronics Co Financial Strength?
Young Fast Optoelectronics Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Young Fast Optoelectronics Co Ltd shows strong financial strength.
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.
Young Fast Optoelectronics Co's Interest Coverage for the quarter that ended in Dec. 2024 was 61.99.
Young Fast Optoelectronics Co's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.08.
As of today, Young Fast Optoelectronics Co's Altman Z-Score is 9.03.
Competitive Comparison of Young Fast Optoelectronics Co's Financial Strength
For the Electronic Components subindustry, Young Fast Optoelectronics 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.
Young Fast Optoelectronics Co's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Young Fast Optoelectronics Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Young Fast Optoelectronics Co's Financial Strength falls into.
Young Fast Optoelectronics 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:
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Young Fast Optoelectronics Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
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.
Young Fast Optoelectronics Co has a Z-score of 9.03, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 9.03 is strong.
* 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.
Young Fast Optoelectronics Co (TPE:3622) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. 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.
Young Fast Optoelectronics Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Young Fast Optoelectronics Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Young Fast Optoelectronics Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Young Fast Optoelectronics Co Business Description
Young Fast Optoelectronics Co Ltd engages in the research and development, manufacturing, and sales of various types of touch panels. Its product includes resistive touch panels, flat surface touch panels, and capacitive touch panels. Reporting segments of the company are divided into the Electromechanical Business Group and the Optoelectronics Business Group. The majority of the company's revenue is generated from its Electromechanical Business Group which is mainly engaged in the manufacture of power cable accessories such as power generation, transmission, and distribution as its main business. Geographically, it derives key revenue from Taiwan and the rest from the Americas and Asia region.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TPE:3622 has been successfully added to your