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Nam Tai Property (Nam Tai Property) Financial Strength : 5 (As of Sep. 2021)


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What is Nam Tai Property Financial Strength?

Nam Tai Property 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.

GuruFocus does not calculate Nam Tai Property's interest coverage with the available data. Nam Tai Property's debt to revenue ratio for the quarter that ended in Sep. 2021 was 8.98. As of today, Nam Tai Property's Altman Z-Score is 0.00.


Competitive Comparison of Nam Tai Property's Financial Strength

For the Real Estate Services subindustry, Nam Tai Property'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.


Nam Tai Property's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nam Tai Property's Financial Strength distribution charts can be found below:

* The bar in red indicates where Nam Tai Property's Financial Strength falls into.



Nam Tai Property 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:

Nam Tai Property's Interest Expense for the months ended in Sep. 2021 was $0.0 Mil. Its Operating Income for the months ended in Sep. 2021 was $-3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $97.3 Mil.

Nam Tai Property's Interest Coverage for the quarter that ended in Sep. 2021 is

GuruFocus does not calculate Nam Tai Property's interest coverage with the available data.

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

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

Nam Tai Property's Debt to Revenue Ratio for the quarter that ended in Sep. 2021 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2021 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(110.64 + 97.304) / 23.164
=8.98

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.

Nam Tai Property has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Nam Tai Property  (OTCPK:NTPIF) 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.

Nam Tai Property has the Financial Strength Rank of 5.


Nam Tai Property Financial Strength Related Terms

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


Nam Tai Property (Nam Tai Property) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Namtai Road, Gushu Community, Nam Tai Estate, Baoan, Xixiang Township, Shenzhen, CHN
Nam Tai Property Inc is engaged in the business of property development and management. The company is focused on the redevelopment of parcels of land into commercial complexes. The firm is looking for the business opportunity of rental income from commercial complexes in future with operations in Mainland China.

Nam Tai Property (Nam Tai Property) Headlines

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