What is Kobe Bussan Co Financial Strength?
Kobe Bussan Co has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Kobe Bussan Co Ltd 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.
Kobe Bussan Co's Interest Coverage for the quarter that ended in Jan. 2024 was 1,422.00.
Kobe Bussan Co's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.08.
As of today, Kobe Bussan Co's Altman Z-Score is 9.55.
Competitive Comparison of Kobe Bussan Co's Financial Strength
For the Grocery Stores subindustry, Kobe Bussan Co'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.
Kobe Bussan Co's Financial Strength Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kobe Bussan Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kobe Bussan Co's Financial Strength falls into.
Kobe Bussan Co 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:
Kobe Bussan Co's Interest Expense for the
months ended in Jan. 2024 was 円-6 Mil. Its Operating Income for the
months ended in Jan. 2024 was 円8,532 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円36,846 Mil.
Kobe Bussan Co's Interest Coverage for the quarter that ended in Jan. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Kobe Bussan Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Kobe Bussan Co's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 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.
Kobe Bussan Co has a Z-score of 9.55, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 9.55 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.
Kobe Bussan Co (TSE:3038) Business Description
Traded in Other Exchanges
Address
883 Nakaishiki Inami-cho, Hyogo-ken, Kako-gun, JPN, 675-1127
Kobe Bussan Co.,Ltd. is a Japan-based company that operates through four business divisions. The Gyomu Super business, accounting for the majority of the company's revenue, is primarily in engaged in franchising supermarkets that provide merchandise produced at the company's own factories or imported from overseas. The Kobe Cook business operates through several formats, including Kobe Cook World Buffet stores, which are buffet-style restaurants; Green's K stores, which are small supermarkets offering ready-made meals; and Green's K Teppan Buffet stores, which are restaurants featuring a blend of buffet and self-cooking. The Kobe Cook Innoventure business is operated to promote restaurant business and offer food materials. The company also operates the Eco Renewable Energy business.
Kobe Bussan Co (TSE:3038) Headlines
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