What is Schlatter Industries AG Financial Strength?
Schlatter Industries AG has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Schlatter Industries 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.
Schlatter Industries AG did not have earnings to cover the interest expense.
Schlatter Industries AG's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.04.
As of today, Schlatter Industries AG's Altman Z-Score is 2.78.
Competitive Comparison of Schlatter Industries AG's Financial Strength
For the Specialty Industrial Machinery subindustry, Schlatter Industries 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.
Schlatter Industries AG's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Schlatter Industries AG's Financial Strength distribution charts can be found below:
* The bar in red indicates where Schlatter Industries AG's Financial Strength falls into.
Schlatter Industries 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:
Schlatter Industries AG's Interest Expense for the
months ended in Dec. 2023 was CHF1.3 Mil. Its Operating Income for the
months ended in Dec. 2023 was CHF3.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF4.9 Mil.
Schlatter Industries AG's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Schlatter Industries 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.
Schlatter Industries AG has a Z-score of 2.78, indicating it is in Grey Zones. This implies that Schlatter Industries AG 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 2.78 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.
Schlatter Industries AG (XSWX:STRN) Business Description
Traded in Other Exchanges
Address
Brandstrasse 24, Schlieren, CHE, 8952
Schlatter Industries AG with its subsidiaries is engaged in plant manufacturing for resistance welding machines and weaving machines for special applications. The firm specializes in plant engineering for resistance welding systems for reinforcement mesh, industrial mesh, and butt welding systems for rails as well as weaving and finishing equipment to produce paper machine clothing, wire fabrics, and wire mesh. In the welding segment, the company develops and builds resistance welding systems for the production of industrial and reinforcing mesh as well as rail welding. The firm offers warping, weaving, heat-setting and finishing machines for the paper machine under the brand name Jager. The group is based in Switzerland.
Schlatter Industries AG (XSWX:STRN) Headlines
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