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Inhalation Sciences Sweden AB (XSAT:ISAB) Financial Strength : 4 (As of Dec. 2024)


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What is Inhalation Sciences Sweden AB Financial Strength?

Inhalation Sciences Sweden AB has the Financial Strength Rank of 4.

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.

Inhalation Sciences Sweden AB did not have earnings to cover the interest expense. Inhalation Sciences Sweden AB's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.07. As of today, Inhalation Sciences Sweden AB's Altman Z-Score is -10.15.


Competitive Comparison of Inhalation Sciences Sweden AB's Financial Strength

For the Medical Devices subindustry, Inhalation Sciences Sweden AB'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.


Inhalation Sciences Sweden AB's Financial Strength Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inhalation Sciences Sweden AB's Financial Strength distribution charts can be found below:

* The bar in red indicates where Inhalation Sciences Sweden AB's Financial Strength falls into.


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Inhalation Sciences Sweden AB 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:

Inhalation Sciences Sweden AB's Interest Expense for the months ended in Dec. 2024 was kr-0.01 Mil. Its Operating Income for the months ended in Dec. 2024 was kr-2.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was kr0.00 Mil.

Inhalation Sciences Sweden AB's Interest Coverage for the quarter that ended in Dec. 2024 is

Inhalation Sciences Sweden AB did not have earnings to cover the interest expense.

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

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

Inhalation Sciences Sweden AB's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.442 + 0) / 5.968
=0.07

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.

Inhalation Sciences Sweden AB has a Z-score of -10.15, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -10.15 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.


Inhalation Sciences Sweden AB  (XSAT:ISAB) 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.

Inhalation Sciences Sweden AB has the Financial Strength Rank of 4.


Inhalation Sciences Sweden AB Financial Strength Related Terms

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Inhalation Sciences Sweden AB Business Description

Traded in Other Exchanges
N/A
Address
Halsovagen 7, Huddinge, SWE, 141 57
Inhalation Sciences Sweden AB develops and commercializes patented lab instrument for inhalation research. Its products include PreciseInhale an advanced laboratory system used to measure inhaled particles and their effect on lungs, and LaminarPace tool for drying small amounts of the drug substance.

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