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SANG BO Co (XKRX:027580) Financial Strength : 5 (As of Mar. 2024)


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What is SANG BO Co Financial Strength?

SANG BO Co 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.

SANG BO Co did not have earnings to cover the interest expense. SANG BO Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.69. As of today, SANG BO Co's Altman Z-Score is 2.04.


Competitive Comparison of SANG BO Co's Financial Strength

For the Electronic Components subindustry, SANG BO 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.


SANG BO Co's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SANG BO Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where SANG BO Co's Financial Strength falls into.



SANG BO 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:

SANG BO Co's Interest Expense for the months ended in Mar. 2024 was ₩-345 Mil. Its Operating Income for the months ended in Mar. 2024 was ₩-1,898 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩615 Mil.

SANG BO Co's Interest Coverage for the quarter that ended in Mar. 2024 is

SANG BO Co 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.

SANG BO Co'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
=(35662.107 + 615.177) / 52894.612
=0.69

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.

SANG BO Co has a Z-score of 2.04, indicating it is in Grey Zones. This implies that SANG BO Co 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 2.04 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.


SANG BO Co  (XKRX:027580) 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.

SANG BO Co has the Financial Strength Rank of 5.


SANG BO Co Financial Strength Related Terms

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


SANG BO Co (XKRX:027580) Business Description

Traded in Other Exchanges
N/A
Address
617-4 Seoam-ri, Tongjin-up, Gimpo, Kyoungki-do, KOR, 415-866
SANG BO Co Ltd is a South Korean company engaged in manufacturing of liquid crystal display components.

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