What is The Japan Steel Works Financial Strength?
The Japan Steel Works has the Financial Strength Rank of 6.
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.
The Japan Steel Works's Interest Coverage for the quarter that ended in Sep. 2024 was 62.84.
The Japan Steel Works's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.17.
As of today, The Japan Steel Works's Altman Z-Score is 3.22.
Competitive Comparison of The Japan Steel Works's Financial Strength
For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.
The Japan Steel Works's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, The Japan Steel Works's Financial Strength distribution charts can be found below:
* The bar in red indicates where The Japan Steel Works's Financial Strength falls into.
The Japan Steel Works 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:
The Japan Steel Works's Interest Expense for the
months ended in Sep. 2024 was 円-64 Mil. Its Operating Income for the
months ended in Sep. 2024 was 円4,022 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円18,119 Mil.
The Japan Steel Works's Interest Coverage for the quarter that ended in Sep. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
The Japan Steel Works's Debt to Revenue Ratio for the quarter that ended in Sep. 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.
The Japan Steel Works has a Z-score of 3.22, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.22 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.
The Japan Steel Works Business Description
Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.
The Japan Steel Works Headlines
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