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George Risk Industries (George Risk Industries) Financial Strength : 10 (As of Jan. 2024)


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What is George Risk Industries Financial Strength?

George Risk Industries has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

George Risk Industries Inc 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.

George Risk Industries has no long-term debt (1). George Risk Industries's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.00. As of today, George Risk Industries's Altman Z-Score is 8.93.

(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 George Risk Industries's Financial Strength

For the Security & Protection Services subindustry, George Risk Industries'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.


George Risk Industries's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, George Risk Industries's Financial Strength distribution charts can be found below:

* The bar in red indicates where George Risk Industries's Financial Strength falls into.



George Risk Industries 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:

George Risk Industries's Interest Expense for the months ended in Jan. 2024 was $0.00 Mil. Its Operating Income for the months ended in Jan. 2024 was $1.52 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil.

George Risk Industries's Interest Coverage for the quarter that ended in Jan. 2024 is

George Risk Industries had no long-term debt (1).

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

Good Sign:

George Risk Industries Inc has no debt.

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

George Risk Industries's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 21.576
=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.

George Risk Industries has a Z-score of 8.93, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.93 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.


George Risk Industries  (OTCPK:RSKIA) 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.

George Risk Industries has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


George Risk Industries Financial Strength Related Terms

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


George Risk Industries (George Risk Industries) Business Description

Traded in Other Exchanges
N/A
Address
802 South Elm Street, Kimball, NE, USA, 69145
George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.
Executives
Bonita Risk Family Irrevocable Trust 10 percent owner 705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable 10 percent owner 214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk director 802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy officer: Chief Financial Officer 802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby officer: Secretary 802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey director 802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas officer: Vice President, Materials 802 S. ELM ST., KIMBALL NE 69145

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