What is Citychamp Watch & Jewellery Group Financial Strength?
Citychamp Watch & Jewellery Group has the Financial Strength Rank of 5.
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.
Citychamp Watch & Jewellery Group's Interest Coverage for the quarter that ended in Dec. 2023 was 0.63.
Citychamp Watch & Jewellery Group's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.44.
As of today, Citychamp Watch & Jewellery Group's Altman Z-Score is 0.68.
Competitive Comparison of Citychamp Watch & Jewellery Group's Financial Strength
For the Luxury Goods subindustry, Citychamp Watch & Jewellery 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.
Citychamp Watch & Jewellery Group's Financial Strength Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Citychamp Watch & Jewellery Group's Financial Strength distribution charts can be found below:
* The bar in red indicates where Citychamp Watch & Jewellery Group's Financial Strength falls into.
Citychamp Watch & Jewellery 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:
Citychamp Watch & Jewellery Group's Interest Expense for the
months ended in Dec. 2023 was $-5.0 Mil. Its Operating Income for the
months ended in Dec. 2023 was $3.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $93.5 Mil.
Citychamp Watch & Jewellery Group'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.
Citychamp Watch & Jewellery Group'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.
Citychamp Watch & Jewellery Group has a Z-score of 0.68, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.68 is in distress zone. This implies bankruptcy possibility in the next two years.
* 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.
Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Business Description
Traded in Other Exchanges
Address
1 Austin Road West, Units 1902-04, Level 19, International Commerce Centre, Kowloon, Hong Kong, HKG
Citychamp Watch & Jewellery Group Ltd is a Hong Kong-based investment holding company principally engaged in watches and timepieces product businesses. It has three reportable segments namely manufacture and distribution of watches and timepieces, property investments, and banking and financial businesses. The company possesses proprietary brands, highlighted by Rossini and EBOHR, which both manufacture and sell their own branded watches throughout China. It also possesses renowned global watch brands Corum, Eterna, Rotary, Dreyfuss & Co, and J&T Windmills among others. Watches and timepieces are the major sources of revenue for the company.
Citychamp Watch & Jewellery Group (Citychamp Watch & Jewellery Group) Headlines
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