What is Torishima Pump Mfg Co Financial Strength?
Torishima Pump Mfg Co has the Financial Strength Rank of 5.
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.
Torishima Pump Mfg Co did not have earnings to cover the interest expense.
Torishima Pump Mfg Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.19.
As of today, Torishima Pump Mfg Co's Altman Z-Score is 2.72.
Competitive Comparison of Torishima Pump Mfg Co's Financial Strength
For the Specialty Industrial Machinery subindustry, Torishima Pump Mfg 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.
Torishima Pump Mfg Co's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Torishima Pump Mfg Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Torishima Pump Mfg Co's Financial Strength falls into.
Torishima Pump Mfg 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:
Torishima Pump Mfg Co's Interest Expense for the
months ended in Sep. 2024 was 円-36 Mil. Its Operating Income for the
months ended in Sep. 2024 was 円-43 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円9,225 Mil.
Torishima Pump Mfg Co's Interest Coverage for the quarter that ended in Sep. 2024 is
| Torishima Pump Mfg Co did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Torishima Pump Mfg Co'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.
Torishima Pump Mfg Co has a Z-score of 2.72, indicating it is in Grey Zones. This implies that Torishima Pump Mfg 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 2.72 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.
Torishima Pump Mfg Co Business Description
Traded in Other Exchanges
N/A
Address
1-1-8, Miyada-cho, Takatsuki-shi, Osaka, JPN, 569-1142
Torishima Pump Mfg Co Ltd is a Japan-based company engaged in the manufacture of various pumps. Principally, it provides comprehensive pump solutions ranging from the engineering, procurement, and construction of pumping stations to operation and maintenance. Additionally, the company supplies profoundly engineered pumps for a variety of applications such as power plants, seawater desalination plants, petrochemical plants, and other general industrial plants.
Torishima Pump Mfg Co Headlines
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