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Mansion International Holdings (HKSE:08456) Financial Strength : 5 (As of Sep. 2023)


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What is Mansion International Holdings Financial Strength?

Mansion International Holdings 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.

Mansion International Holdings did not have earnings to cover the interest expense. Mansion International Holdings's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.14. As of today, Mansion International Holdings's Altman Z-Score is 2.46.


Competitive Comparison of Mansion International Holdings's Financial Strength

For the Apparel Manufacturing subindustry, Mansion 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.


Mansion International Holdings's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mansion International Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Mansion International Holdings's Financial Strength falls into.



Mansion 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:

Mansion International Holdings's Interest Expense for the months ended in Sep. 2023 was HK$-0.04 Mil. Its Operating Income for the months ended in Sep. 2023 was HK$-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

Mansion International Holdings's Interest Coverage for the quarter that ended in Sep. 2023 is

Mansion International Holdings did not have earnings to cover the interest expense.

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

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

Mansion International Holdings's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11.727 + 0) / 84.316
=0.14

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.

Mansion International Holdings has a Z-score of 2.46, indicating it is in Grey Zones. This implies that Mansion International Holdings 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 2.46 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.


Mansion International Holdings  (HKSE:08456) 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.

Mansion International Holdings has the Financial Strength Rank of 5.


Mansion International Holdings Financial Strength Related Terms

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


Mansion International Holdings (HKSE:08456) Business Description

Traded in Other Exchanges
N/A
Address
Room 204, 2/F., Empire Court, 2-4 Hysan Avenue, Causeway Bay, Hong Kong, HKG
Mansion International Holdings Ltd is engaged in the manufacture and sale of fabric-made products covering baby clothing and clothing accessories for infants and toddlers. Its products offering include skin wear, dream wear, home wear, smart wear, and little wear. It operates in two segments. The OEM segment sells directly to overseas brand companies or designated sourcing companies. The OBM segment refers to the own-brand Mides and complementary third-party brand products through self-operated retail and wholesale stores, and department store counters.
Executives
Fung Sau Ying 2201 Interest of corporation controlled by you

Mansion International Holdings (HKSE:08456) Headlines

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