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Honey Payment Group (WAR:HPG) Financial Strength

: 6 (As of Sep. 2023)
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Honey Payment Group has the Financial Strength Rank of 6.

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.

Honey Payment Group has no long-term debt (1). Honey Payment Group's debt to revenue ratio for the quarter that ended in Sep. 2023 was 18.59. As of today, Honey Payment Group's Altman Z-Score is 2.11.

(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

For the Building Materials subindustry, Honey Payment Group'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.


Honey Payment Group Financial Strength Distribution

For the Building Materials industry and Basic Materials sector, Honey Payment Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Honey Payment Group's Financial Strength falls into.



Honey Payment Group 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:

Honey Payment Group's Interest Expense for the months ended in Sep. 2023 was zł0.00 Mil. Its Operating Income for the months ended in Sep. 2023 was zł-12.35 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł0.00 Mil.

Honey Payment Group's Interest Coverage for the quarter that ended in Sep. 2023 is

Honey Payment Group 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.

Honey Payment Group'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
=(11.23 + 0) / 0.604
=18.59

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.

Honey Payment Group has a Z-score of 2.11, indicating it is in Grey Zones. This implies that Honey Payment Group is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.11 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Honey Payment Group  (WAR:HPG) 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.

Honey Payment Group has the Financial Strength Rank of 6.


Honey Payment Group Financial Strength Related Terms

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Honey Payment Group (WAR:HPG) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Komorowicka 98, Bielsko-Biala, POL, 43-300
Honey Payment Group SA Formerly Maximus SA is engaged in the distribution of building materials in Poland. The company supplies its products to wholesalers, building stores, retail stores and direct contractors.

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