What is Nippon Beet Sugar Manufacturing Co Financial Strength?
Nippon Beet Sugar Manufacturing Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Nippon Beet Sugar Manufacturing 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.
Competitive Comparison of Nippon Beet Sugar Manufacturing Co's Financial Strength
For the Confectioners subindustry, Nippon Beet Sugar Manufacturing 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.
Nippon Beet Sugar Manufacturing Co's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Nippon Beet Sugar Manufacturing Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Nippon Beet Sugar Manufacturing Co's Financial Strength falls into.
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.
Nippon Beet Sugar Manufacturing Co has a Z-score of 2.53, indicating it is in Grey Zones. This implies that Nippon Beet Sugar Manufacturing 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 2.53 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.
Nippon Beet Sugar Manufacturing Co (TSE:2108) 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.
Nippon Beet Sugar Manufacturing Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Nippon Beet Sugar Manufacturing Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Nippon Beet Sugar Manufacturing Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Beet Sugar Manufacturing Co Business Description
Nippon Beet Sugar Manufacturing Co Ltd is a Japan-based company that operates in the food business. The primary activity of the group includes the manufacture and sale of functional foods such as beet sugar, refined sugar, feed, paper cylinders, yeast, seeds, oligosaccharides, and the like, sales of agricultural equipment, and real estate leasing business. Geographically, the activities of the group functioned throughout the region of Japan.
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