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Sunnexta Group (TSE:8945) Financial Strength : 8 (As of Dec. 2023)


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What is Sunnexta Group Financial Strength?

Sunnexta Group has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Sunnexta Group Inc 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.

Sunnexta Group has no long-term debt (1). Sunnexta Group's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Sunnexta Group's Altman Z-Score is 4.65.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Sunnexta Group's Financial Strength

For the Real Estate Services subindustry, Sunnexta Group'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.


Sunnexta Group's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sunnexta Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sunnexta Group's Financial Strength falls into.



Sunnexta Group 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:

Sunnexta Group'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110 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil.

Sunnexta Group's Interest Coverage for the quarter that ended in Dec. 2023 is

Sunnexta Group had no long-term debt (1).

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. Sunnexta Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

Sunnexta Group'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
=(0 + 0) / 8395.78
=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.

Sunnexta Group has a Z-score of 4.65, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.65 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.


Sunnexta Group  (TSE:8945) 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.

Sunnexta Group has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Sunnexta Group Financial Strength Related Terms

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Sunnexta Group (TSE:8945) Business Description

Traded in Other Exchanges
N/A
Address
35, Tansu-cho, Japan-U.S. TIME 24 building, Shinjuku-ku, Tokyo, JPN, 162-0833
Sunnexta Group Inc is engaged in provision of housing system operation outsourcing business. The company's engages in total outsourcing services that fuse various services from system operation related to company housing, facility management to personnel and general affairs operations.

Sunnexta Group (TSE:8945) Headlines

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