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Infomark Co (XKRX:175140) Financial Strength : 6 (As of Mar. 2024)


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What is Infomark Co Financial Strength?

Infomark Co has the Financial Strength Rank of 6.

Good Sign:

Infomark Co Ltd 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.

Infomark Co has no long-term debt (1). Infomark Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Infomark Co's Altman Z-Score is 4.92.

(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 Infomark Co's Financial Strength

For the Communication Equipment subindustry, Infomark 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.


Infomark Co's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Infomark Co's Financial Strength distribution charts can be found below:

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



Infomark 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:

Infomark 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 ₩1,682 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil.

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

Infomark 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.

Infomark 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) / 26723.848
=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.

Infomark Co has a Z-score of 4.92, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.92 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.


Infomark Co  (XKRX:175140) 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.

Infomark Co has the Financial Strength Rank of 6.


Infomark Co Financial Strength Related Terms

Thank you for viewing the detailed overview of Infomark Co's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Infomark Co (XKRX:175140) Business Description

Traded in Other Exchanges
N/A
Address
216 Hwangsaeul-ro, 3rd floor, Humaxvillage, Bundang-gu, Seongnam, KOR, 13595
Infomark Co Ltd manufactures mobile communication devices including mobile routers and wearable Phone for Kids. Its products include wearable devices, LTE and mobile router. Its product includes Joon1, LTE, WiMAX.

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