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STX Green Logis (XKRX:465770) Financial Strength : 3 (As of Sep. 2023)


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What is STX Green Logis Financial Strength?

STX Green Logis has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

STX Green Logis 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.

STX Green Logis's Interest Coverage for the quarter that ended in Sep. 2023 was 4.07. STX Green Logis's debt to revenue ratio for the quarter that ended in Sep. 2023 was 7.07. As of today, STX Green Logis's Altman Z-Score is 0.00.


Competitive Comparison of STX Green Logis's Financial Strength

For the Marine Shipping subindustry, STX Green Logis'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.


STX Green Logis's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, STX Green Logis's Financial Strength distribution charts can be found below:

* The bar in red indicates where STX Green Logis's Financial Strength falls into.



STX Green Logis 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:

STX Green Logis's Interest Expense for the months ended in Sep. 2023 was ₩-95 Mil. Its Operating Income for the months ended in Sep. 2023 was ₩385 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₩12,329 Mil.

STX Green Logis's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*385.431/-94.77
=4.07

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

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

STX Green Logis's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7289.612 + 12328.92) / 2773.746
=7.07

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.

STX Green Logis has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


STX Green Logis  (XKRX:465770) 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.

STX Green Logis has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


STX Green Logis Financial Strength Related Terms

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STX Green Logis (XKRX:465770) Business Description

Traded in Other Exchanges
N/A
Address
13th floor, Signature Tower West Building, 100 Cheonggyecheon-ro, Jung-gu, Seoul, KOR
STX Green Logis Ltd is a global comprehensive shipping and logistics service company that engages in a variety of businesses centered on shipping and logistics through competitive fleet operations .The company operates a stable time charter and cargo transportation (voyage charter) business by utilizing the ships and charter ships it owns through ship investment, and provides ship financing based on its global network and know-how.

STX Green Logis (XKRX:465770) Headlines

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