What is Inficon Holding AG Financial Strength?
Inficon Holding AG has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Inficon Holding AG 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.
Inficon Holding AG has no long-term debt (1).
Inficon Holding AG's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.08.
As of today, Inficon Holding AG's Altman Z-Score is 14.53.
(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 Inficon Holding AG's Financial Strength
For the Scientific & Technical Instruments subindustry, Inficon Holding AG'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.
Inficon Holding AG's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Inficon Holding AG's Financial Strength distribution charts can be found below:
* The bar in red indicates where Inficon Holding AG's Financial Strength falls into.
Inficon Holding AG 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:
Inficon Holding AG's Interest Expense for the
months ended in Dec. 2023 was CHF0.0 Mil. Its Operating Income for the
months ended in Dec. 2023 was CHF62.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil.
Inficon Holding AG's Interest Coverage for the quarter that ended in Dec. 2023 is
| Inficon Holding AG 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.
Inficon Holding AG's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Inficon Holding AG has a Z-score of 14.53, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 14.53 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.
Inficon Holding AG (XSWX:IFCN) Business Description
Traded in Other Exchanges
Address
Hintergasse 15 B, Bad Ragaz, CHE, CH-7310
Inficon Holding AG operates in the technology sector in Switzerland. It caters to the scientific equipment industry by offering products that find their use in various industrial applications such as air conditioning, automotive manufacturing, manufacture of LEDs, semiconductors, and optical and solar devices. Its main products are leak detectors and gauges which help reduce the harmful effects of gases on the environment and reduce energy consumption. The other products in its portfolio comprise of chemical detectors, electron beam gun control, mass spectrometers, gas concentration monitors, vacuum gauge controllers and cables, and vacuum transmitters. The Asia Pacific region accounts for most of the company's product sales.
Inficon Holding AG (XSWX:IFCN) Headlines
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