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ValueCommerce Co (TSE:2491) Financial Strength : 10 (As of Mar. 2024)


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What is ValueCommerce Co Financial Strength?

ValueCommerce Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

ValueCommerce Co Ltd shows strong financial strength.

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.

ValueCommerce Co has no long-term debt (1). ValueCommerce Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, ValueCommerce Co's Altman Z-Score is 6.57.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of ValueCommerce Co's Financial Strength

For the Advertising Agencies subindustry, ValueCommerce 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.


ValueCommerce Co's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ValueCommerce Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where ValueCommerce Co's Financial Strength falls into.



ValueCommerce 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:

ValueCommerce Co's Interest Expense for the months ended in Mar. 2024 was 円0 Mil. Its Operating Income for the months ended in Mar. 2024 was 円1,315 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil.

ValueCommerce Co's Interest Coverage for the quarter that ended in Mar. 2024 is

ValueCommerce Co had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

ValueCommerce Co Ltd has no debt.

2. Debt to revenue ratio. The lower, the better.

ValueCommerce Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 30612
=0.00

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.

ValueCommerce Co has a Z-score of 6.57, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.57 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.


ValueCommerce Co  (TSE:2491) 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.

ValueCommerce Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


ValueCommerce Co Financial Strength Related Terms

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ValueCommerce Co (TSE:2491) Business Description

Traded in Other Exchanges
N/A
Address
Nihonseimei Akasaka Building 5F, 8-1-19 Akasaka, Minato, Tokyo, JPN, 107-0052
ValueCommerce Co Ltd is a Japan-based information technology company engaged in the provision of internet advertising delivery services. The company's service portfolio comprises affiliate marketing service, StoreMatch service and Store's R8. The affiliate marketing service provides compensation based on the performances of advertising for e-commerce sites. The StoreMatch Service provides pay-per-click internet advertising for stores listing on online shopping malls. The Store's R8 service is a marketing automation system customized for Yahoo! shopping.

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