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Keysino Separation Technology (SZSE:300899) Financial Strength : 9 (As of Mar. 2024)


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What is Keysino Separation Technology Financial Strength?

Keysino Separation Technology has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Keysino Separation Technology Inc 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.

Keysino Separation Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 3.27. Keysino Separation Technology's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.03. As of today, Keysino Separation Technology's Altman Z-Score is 19.89.


Competitive Comparison of Keysino Separation Technology's Financial Strength

For the Waste Management subindustry, Keysino Separation Technology'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.


Keysino Separation Technology's Financial Strength Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Keysino Separation Technology's Financial Strength distribution charts can be found below:

* The bar in red indicates where Keysino Separation Technology's Financial Strength falls into.



Keysino Separation Technology 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:

Keysino Separation Technology's Interest Expense for the months ended in Mar. 2024 was ¥-0.1 Mil. Its Operating Income for the months ended in Mar. 2024 was ¥0.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0.3 Mil.

Keysino Separation Technology's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.245/-0.075
=3.27

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

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

Keysino Separation Technology's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.006 + 0.327) / 125.044
=0.03

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.

Keysino Separation Technology has a Z-score of 19.89, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 19.89 is strong.

* 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.


Keysino Separation Technology  (SZSE:300899) 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.

Keysino Separation Technology has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Keysino Separation Technology Financial Strength Related Terms

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Keysino Separation Technology (SZSE:300899) Business Description

Traded in Other Exchanges
N/A
Address
No.665 Zhangjiang Road, Pilot Free Trade Zone, 3rd Floor, Shanghai, CHN, 201210
Keysino Separation Technology Inc is a environmental protection company focusing on the special separation of industrial fluids. It provides solutions for emission reduction and consumption reduction and comprehensive utilization of waste resources.

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