What is Truly International Holdings Financial Strength?
Truly International Holdings has the Financial Strength Rank of 4.
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.
Truly International Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 1.73.
Truly International Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.40.
As of today, Truly International Holdings's Altman Z-Score is 1.04.
Competitive Comparison of Truly International Holdings's Financial Strength
For the Electronic Components subindustry, Truly International Holdings'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.
Truly International Holdings's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Truly International Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where Truly International Holdings's Financial Strength falls into.
Truly International Holdings 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:
Truly International Holdings's Interest Expense for the
months ended in Dec. 2023 was HK$-198 Mil. Its Operating Income for the
months ended in Dec. 2023 was HK$342 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,572 Mil.
Truly International Holdings'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.
Truly International Holdings'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.
Truly International Holdings has a Z-score of 1.04, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.04 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.
Truly International Holdings (HKSE:00732) Business Description
Traded in Other Exchanges
Address
1-3 Wing Yip Street, 2nd Floor, Chung Shun Knitting Centre, Kwai Chung, New Territories, Hong Kong, HKG
Truly International Holdings Ltd is an investment holding company. Its subsidiaries are principally engaged in the business of manufacturing and sale of liquid crystal display (LCD) products including touch panel products and electronic consumer products including a compact camera module, fingerprint identification modules, personal health care products and electrical devices. The Group is currently organised into two operating segments which are sales of LCD products and electronic consumer products. The LCD products manufacture and distribute LCD products and touch panel products. Electronic consumer products manufacture and distribute electronic consumer products such as CCM, fingerprint identification modules, personal health care products and electrical devices.
Truly International Holdings (HKSE:00732) Headlines
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