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Daemyung Sonoseason Co (XKRX:007720) Financial Strength : 6 (As of Mar. 2024)


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What is Daemyung Sonoseason Co Financial Strength?

Daemyung Sonoseason Co has the Financial Strength Rank of 6.

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.

Daemyung Sonoseason Co has no long-term debt (1). Daemyung Sonoseason Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Daemyung Sonoseason Co's Altman Z-Score is 2.29.

(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 Daemyung Sonoseason Co's Financial Strength

For the Conglomerates subindustry, Daemyung Sonoseason 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.


Daemyung Sonoseason Co's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Daemyung Sonoseason Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Daemyung Sonoseason Co's Financial Strength falls into.



Daemyung Sonoseason 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:

Daemyung Sonoseason Co's Interest Expense for the months ended in Mar. 2024 was ₩0 Mil. Its Operating Income for the months ended in Mar. 2024 was ₩6,503 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil.

Daemyung Sonoseason Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Daemyung Sonoseason Co had no long-term debt (1).

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

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

Daemyung Sonoseason Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 113870.756
=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.

Daemyung Sonoseason Co has a Z-score of 2.29, indicating it is in Grey Zones. This implies that Daemyung Sonoseason 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 2.29 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.


Daemyung Sonoseason Co  (XKRX:007720) 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.

Daemyung Sonoseason Co has the Financial Strength Rank of 6.


Daemyung Sonoseason Co Financial Strength Related Terms

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Daemyung Sonoseason Co (XKRX:007720) Business Description

Traded in Other Exchanges
N/A
Address
262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR
Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

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