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Roma Green Finance (Roma Green Finance) Financial Strength : 8 (As of Mar. 2023)


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What is Roma Green Finance Financial Strength?

Roma Green Finance has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Roma Green Finance 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.

Roma Green Finance has no long-term debt (1). Roma Green Finance's debt to revenue ratio for the quarter that ended in Mar. 2023 was 0.00. As of today, Roma Green Finance's Altman Z-Score is 7.09.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Roma Green Finance's Financial Strength

For the Consulting Services subindustry, Roma Green Finance'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.


Roma Green Finance's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Roma Green Finance's Financial Strength distribution charts can be found below:

* The bar in red indicates where Roma Green Finance's Financial Strength falls into.



Roma Green Finance 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:

Roma Green Finance's Interest Expense for the months ended in Mar. 2023 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2023 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil.

Roma Green Finance's Interest Coverage for the quarter that ended in Mar. 2023 is

Roma Green Finance had no long-term debt (1).

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

Good Sign:

Roma Green Finance Ltd has no debt.

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

Roma Green Finance's Debt to Revenue Ratio for the quarter that ended in Mar. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 1.894
=0.00

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.

Roma Green Finance has a Z-score of 7.09, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.09 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.


Roma Green Finance  (NAS:ROMA) 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.

Roma Green Finance has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Roma Green Finance Financial Strength Related Terms

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Roma Green Finance (Roma Green Finance) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8 Fleming Road, Flat 605, 6 Floor, Tai Tung Building, Wanchai, Hong Kong, HKG
Roma Green Finance Ltd is principally engaged in the provision of ESG, corporate governance and risk management as well as sustainability and climate change-related advisory services. The company works closely with its clients to help them understand, identify, manage and overcome various business matters arising from such factors related to ESG, sustainability and climate change. it provides tailored-made sustainability solutions to meet the client's specific needs. Its mission is to provide its clients with a one-stop destination for high-quality and holistic sustainability and climate change-related consulting services to support a more sustainable, balanced and inclusive future for our clients' organizations and the world.

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