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Maeda Seisakusho Co (TSE:6281) Financial Strength : 0 (As of Jun. 2021)


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What is Maeda Seisakusho Co Financial Strength?

Maeda Seisakusho Co has the Financial Strength Rank of 0.

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.

Maeda Seisakusho Co's Interest Coverage for the quarter that ended in Jun. 2021 was 22.10. Maeda Seisakusho Co's debt to revenue ratio for the quarter that ended in Jun. 2021 was 0.19. As of today, Maeda Seisakusho Co's Altman Z-Score is 0.00.


Competitive Comparison of Maeda Seisakusho Co's Financial Strength

For the Farm & Heavy Construction Machinery subindustry, Maeda Seisakusho 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.


Maeda Seisakusho Co's Financial Strength Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Maeda Seisakusho Co's Financial Strength distribution charts can be found below:

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



Maeda Seisakusho 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:

Maeda Seisakusho Co's Interest Expense for the months ended in Jun. 2021 was 円-7 Mil. Its Operating Income for the months ended in Jun. 2021 was 円162 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was 円1,615 Mil.

Maeda Seisakusho Co's Interest Coverage for the quarter that ended in Jun. 2021 is

Interest Coverage=-1*Operating Income (Q: Jun. 2021 )/Interest Expense (Q: Jun. 2021 )
=-1*161.985/-7.33
=22.10

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

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

Maeda Seisakusho Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4240.937 + 1615.383) / 31450.964
=0.19

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.

Maeda Seisakusho Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


Maeda Seisakusho Co  (TSE:6281) 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.

Maeda Seisakusho Co has the Financial Strength Rank of 0.


Maeda Seisakusho Co Financial Strength Related Terms

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Maeda Seisakusho Co (TSE:6281) Business Description

Traded in Other Exchanges
N/A
Address
Minowagawa 1095, Shinonoi, Nagano Prefecture, Nagano, JPN, 388-8522
Maeda Seisakusho Co., Ltd. is a Japanese firm engaged in a distribution of construction machinery. The Company manufactures, sells, maintains, and repairs industrial and civil engineering machinery and construction machinery.

Maeda Seisakusho Co (TSE:6281) Headlines

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