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Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Financial Strength

: 4 (As of Dec. 2023)
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Health and Happiness (H&H) International Holdings has the Financial Strength Rank of 4.

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.

Health and Happiness (H&H) International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.47. Health and Happiness (H&H) International Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.66. As of today, Health and Happiness (H&H) International Holdings's Altman Z-Score is 1.04.


Competitive Comparison

For the Packaged Foods subindustry, Health and Happiness (H&H) International Holdings'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.


Health and Happiness (H&H) International Holdings Financial Strength Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Health and Happiness (H&H) International Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Health and Happiness (H&H) International Holdings's Financial Strength falls into.



Health and Happiness (H&H) International Holdings 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:

Health and Happiness (H&H) International Holdings's Interest Expense for the months ended in Dec. 2023 was $-62 Mil. Its Operating Income for the months ended in Dec. 2023 was $91 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $625 Mil.

Health and Happiness (H&H) International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*91.175/-62.101
=1.47

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

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

Health and Happiness (H&H) International Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(666.586 + 625.052) / 1945.498
=0.66

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.

Health and Happiness (H&H) International Holdings has a Z-score of 1.04, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.04 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.


Health and Happiness (H&H) International Holdings  (OTCPK:BTSDF) 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.

Health and Happiness (H&H) International Holdings has the Financial Strength Rank of 4.


Health and Happiness (H&H) International Holdings Financial Strength Related Terms

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Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Business Description

Traded in Other Exchanges
Address
18 Westlands Road, Suites 4007-09, 40th Floor, One Island East, Taikoo Place, Quarry Bay, Hong Kong, HKG
Health and Happiness (H&H) International Holdings Ltd manufactures and sells premium pediatric nutrition and baby-care products. The company has core business segments namely Infant formulas; Probiotic supplements; Adult nutrition and care products; Other pediatric products & Pet nutrition and care products. It generates maximum revenue from the Infant formulas segment. The Infant formulas segment comprises the production of infant formulas for children under seven years old and milk formulas for expectant and nursing mothers. Geographically, the majority is from Mainland China.

Health and Happiness (H&H) International Holdings (Health and Happiness (H&H) International Holdings) Headlines

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