What is Nippon Kanzai Holdings Co Financial Strength?
Nippon Kanzai Holdings Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Nippon Kanzai Holdings Co Ltd shows strong financial strength.
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.
Nippon Kanzai Holdings Co's Interest Coverage for the quarter that ended in Sep. 2024 was 128.31.
Nippon Kanzai Holdings Co's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.02.
As of today, Nippon Kanzai Holdings Co's Altman Z-Score is 5.61.
Competitive Comparison of Nippon Kanzai Holdings Co's Financial Strength
For the Real Estate Services subindustry, Nippon Kanzai Holdings 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.
Nippon Kanzai Holdings Co's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Nippon Kanzai Holdings Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Nippon Kanzai Holdings Co's Financial Strength falls into.
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 higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Nippon Kanzai Holdings Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
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.
Nippon Kanzai Holdings Co has a Z-score of 5.61, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 5.61 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.
Nippon Kanzai Holdings Co (TSE:9347) Financial Strength Explanation
The rank is rated on a scale of 1 to 10. 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.
Nippon Kanzai Holdings Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Nippon Kanzai Holdings Co Financial Strength Related Terms
Thank you for viewing the detailed overview of Nippon Kanzai Holdings Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Kanzai Holdings Co Ltd is a Japan-based fund management company. It offers full service in real estate and proposes solution for each customer based on a long-time experience in building management business. The company's business segments include Building Management and Operation Business, Environmental Facility Management Business, Real Estate Fund Management Business, and Other Businesses which consist mainly of event planning and management, printing and design, among others. The company generates the majority of its revenue from the Building Management and Operation Business.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:9347 has been successfully added to your