What is Terasaki Electric Co Financial Strength?
Terasaki Electric Co has the Financial Strength Rank of 7.
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.
GuruFocus does not calculate Terasaki Electric Co's interest coverage with the available data.
As of today, Terasaki Electric Co's Altman Z-Score is 2.90.
Competitive Comparison of Terasaki Electric Co's Financial Strength
For the Electrical Equipment & Parts subindustry, Terasaki Electric 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.
Terasaki Electric Co's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Terasaki Electric Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Terasaki Electric Co's Financial Strength falls into.
Terasaki Electric 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:
Terasaki Electric Co's Interest Expense for the
months ended in Sep. 2024 was 円0 Mil. Its Operating Income for the
months ended in Sep. 2024 was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円2,478 Mil.
Terasaki Electric Co's Interest Coverage for the quarter that ended in Sep. 2024 is
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. Terasaki Electric 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.
Terasaki Electric 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.
Terasaki Electric Co has a Z-score of 2.90, indicating it is in Grey Zones. This implies that Terasaki Electric 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 2.9 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.
Terasaki Electric Co Business Description
Traded in Other Exchanges
N/A
Address
6-13-47 Kamihigashi, Hirano ku, Osaka, JPN, 547-0002
Terasaki Electric Co Ltd. is engaged in the manufacturing and sale of electric distribution and motor control systems, circuit breakers and electronic devices based on electrical energy control technologies. Its business lines include marine systems, industrial systems, circuit breakers and medical devices. Products offered by the company include medium voltage switch gears, engine room simulator, engine monitoring system, industrial power distribution control system, cogeneration system, moulded case circuit breakers, air circuit breakers, among others. Terasaki also offers engineering and lifecycle services for electrical equipment.
Terasaki Electric Co Headlines
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