GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yaizu Suisankagaku Industry Co Ltd (TSE:2812) » Definitions » Financial Strength

Yaizu Suisankagaku Industry Co (TSE:2812) Financial Strength : 10 (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Yaizu Suisankagaku Industry Co Financial Strength?

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

Good Sign:

Yaizu Suisankagaku Industry 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.

Yaizu Suisankagaku Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 was 698.72. Yaizu Suisankagaku Industry Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Yaizu Suisankagaku Industry Co's Altman Z-Score is 6.08.


Competitive Comparison of Yaizu Suisankagaku Industry Co's Financial Strength

For the Packaged Foods subindustry, Yaizu Suisankagaku Industry 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.


Yaizu Suisankagaku Industry Co's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yaizu Suisankagaku Industry Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Yaizu Suisankagaku Industry Co's Financial Strength falls into.



Yaizu Suisankagaku Industry 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:

Yaizu Suisankagaku Industry Co's Interest Expense for the months ended in Dec. 2023 was 円-0 Mil. Its Operating Income for the months ended in Dec. 2023 was 円72 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円7 Mil.

Yaizu Suisankagaku Industry Co's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*71.968/-0.103
=698.72

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. Yaizu Suisankagaku Industry Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

Yaizu Suisankagaku Industry Co's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(56.808 + 6.934) / 14792.896
=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.

Yaizu Suisankagaku Industry Co has a Z-score of 6.08, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.08 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.


Yaizu Suisankagaku Industry Co  (TSE:2812) 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.

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


Yaizu Suisankagaku Industry Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Yaizu Suisankagaku Industry Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Yaizu Suisankagaku Industry Co (TSE:2812) Business Description

Traded in Other Exchanges
N/A
Address
11-1, Surugaku-minamichou, Shizuoka, JPN, 422-8067
Yaizu Suisankagaku Industry Co Ltd engages in the manufacture and sale of natural and extract seasonings, and dried food. The company's seasonings and processed dried foods include instant bouillons, various types of soup stocks for noodles, instant noodles, frozen foods, faux crabs, sweets, snack foods, seasoning mixes for rice, and rice with green tea mixes. It also provides various types of supplements and functional beverages, cosmetics, and diagnostic drugs. In addition, the company offers functional materials, including n-acetylglucosamine, anserine, theaflavin, chitin oligosaccharide, chitosan, chitosan oligosaccharide, glucosamine, chondroitin sulfate, and fucoidan.

Yaizu Suisankagaku Industry Co (TSE:2812) Headlines

No Headlines