GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GnBS eco Co Ltd (XKRX:382800) » Definitions » Financial Strength

GnBS eco Co (XKRX:382800) Financial Strength : 9 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is GnBS eco Co Financial Strength?

GnBS eco Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

GnBS eco Co Ltd 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.

GnBS eco Co's Interest Coverage for the quarter that ended in Dec. 2023 was 7.83. GnBS eco Co's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.21. As of today, GnBS eco Co's Altman Z-Score is 6.87.


Competitive Comparison of GnBS eco Co's Financial Strength

For the Pollution & Treatment Controls subindustry, GnBS eco Co'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.


GnBS eco Co's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GnBS eco Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where GnBS eco Co's Financial Strength falls into.



GnBS eco Co 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:

GnBS eco Co's Interest Expense for the months ended in Dec. 2023 was ₩-246 Mil. Its Operating Income for the months ended in Dec. 2023 was ₩1,929 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,271 Mil.

GnBS eco Co'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*1928.988/-246.436
=7.83

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

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

GnBS eco Co'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
=(10364.314 + 1271.121) / 56516.444
=0.21

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.

GnBS eco Co has a Z-score of 6.87, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.87 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.


GnBS eco Co  (XKRX:382800) 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.

GnBS eco Co has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


GnBS eco Co Financial Strength Related Terms

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


GnBS eco Co (XKRX:382800) Business Description

Traded in Other Exchanges
N/A
Address
401-14, Mosan-ro, Daedeok-myeon, Gyeonggi-do, Anseong-si, KOR
GnBS eco Co Ltd is an investment holding company. The company is engaged in the manufacturing and sale of cooling tower white smoke removal device (WPR), harmful white smoke removal device (EP), hazardous gas treatment device (Scrubber), next-generation gas treatment device without wastewater, and others.

GnBS eco Co (XKRX:382800) Headlines

No Headlines