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Nuriplan Co (XKRX:069140) Financial Strength : 2 (As of Mar. 2024)


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What is Nuriplan Co Financial Strength?

Nuriplan Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Nuriplan Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Nuriplan Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.56. Nuriplan Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.48. As of today, Nuriplan Co's Altman Z-Score is 0.32.


Competitive Comparison of Nuriplan Co's Financial Strength

For the Engineering & Construction subindustry, Nuriplan 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.


Nuriplan Co's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nuriplan Co's Financial Strength distribution charts can be found below:

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



Nuriplan 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:

Nuriplan Co's Interest Expense for the months ended in Mar. 2024 was ₩-1,060 Mil. Its Operating Income for the months ended in Mar. 2024 was ₩2,715 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩11,198 Mil.

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

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*2715.042/-1060.241
=2.56

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

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

Nuriplan 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
=(48985.543 + 11197.629) / 126243.496
=0.48

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.

Nuriplan Co has a Z-score of 0.32, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.32 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


Nuriplan Co  (XKRX:069140) 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.

Nuriplan Co has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Nuriplan Co Financial Strength Related Terms

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Nuriplan Co (XKRX:069140) Business Description

Traded in Other Exchanges
N/A
Address
191, Daegot-ro 202beon-gil, Daegot-myeon, Gyeonggi-do, Gimpo, KOR, 137-847
Nuriplan Co Ltd is a Korea based landscape lighting company. It operates in three business lines including cityscape lighting, cityscape facilities, and U-city. Some of the company's landscape lighting projects are N-Tower and the National Assembly Building in Seoul, the Gwangan Bridge in Busan and the Gwangju Bridge in Gwangju Metropolitan City. It designs, builds and construct design railings, fences, vehicle guard fences, and pedestrian overpasses as landscape facilities. The company carries out U-City business, EMP business and LED fluorescent lamp business as future growth engines. Its business areas are Landscape facilities, Landscape lighting, Temporary sound wall, Speaker business, New business headquarters and APPIZ new material product.

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