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09Women Co (XKRX:366030) Financial Strength : 10 (As of Jun. 2024)


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What is 09Women Co Financial Strength?

09Women Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

09Women 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.

09Women Co's Interest Coverage for the quarter that ended in Jun. 2024 was 245.05. 09Women Co's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.02. As of today, 09Women Co's Altman Z-Score is 12.44.


Competitive Comparison of 09Women Co's Financial Strength

For the Internet Retail subindustry, 09Women 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.


09Women Co's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, 09Women Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where 09Women Co's Financial Strength falls into.



09Women 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:

09Women Co's Interest Expense for the months ended in Jun. 2024 was ₩-13 Mil. Its Operating Income for the months ended in Jun. 2024 was ₩3,144 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩111 Mil.

09Women Co's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*3143.783/-12.829
=245.05

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. 09Women 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.

09Women Co's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(864.024 + 110.818) / 61822.18
=0.02

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.

09Women Co has a Z-score of 12.44, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 12.44 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.


09Women Co  (XKRX:366030) 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.

09Women Co has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


09Women Co Financial Strength Related Terms

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09Women Co Business Description

Traded in Other Exchanges
N/A
Address
1525, Pyeonghwa-ro, Yangju-si, Gyeonggi-do, KOR
09Women Co Ltd is engaged in wholesale and distribution of plus-size women's clothing through its own online shopping site.

09Women Co Headlines

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