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Credit Rating Analysis: 大末建設 (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

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Credit Rating (Bankruptcy Risk): 大末建設 (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  CC  Credit is very vulnerable. ¥ 39 B
-6.55%
¥ -786 M
8.60%
¥ -826 M
7.60%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating CCCCCCCBB
Total Assets
¥ 33 B
¥ 29 B
¥ 31 B
¥ 33 B
Net Assets
¥ 3 B
¥ 3 B
¥ 3 B
¥ 3 B

Financial Statement Risk Analysis: 大末建設 (Annual ) (Consolidated )

Special note
Net sales has dropped 5 consecutive terms. The business have high risk.
The change of Net income is going too far. The management situation is unstable.
5 consecutive terms, Cumulative loss. The fiscal base is unstable.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -1 B) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -826 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 39 B) is first term Sales (¥ 42 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 37 B) is first term Gross Income (¥ 40 B) less , there is a possibility that the management situation has stagnated and deteriorated
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -1 B) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -894 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 42 B) is first term Sales (¥ 49 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -894 M) is first term Net Income (¥ 311 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-2.13%) is first term Net Profit Margin (0.63%) less , there is a possibility that the profitability has deteriorated.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -1 B) is Sales first term ratio (¥ -7 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -222 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 49 B) is first term Sales (¥ 54 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 44 B) is first term Gross Income (¥ 49 B) less , there is a possibility that the management situation has stagnated and deteriorated
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -474 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Net Income (¥ -770 M) is a minus, Other Current Assets (¥ 27 B) - more than 66% of Total Assets (¥ 38 B) is occupied , the possibility of holding the non-performing asset is very high.
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -770 M) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Sales is decrease )
Sales (¥ 54 B) is first term Sales (¥ 65 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -770 M) is first term Net Income (¥ 181 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-1.43%) is first term Net Profit Margin (0.28%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -174 M) & Financial Cash Flow (¥ -5 B) is a minus, Operating Cash Flow (¥ 5 B) is a plus,
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -9 B) is Sales first term ratio (¥ -11 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -69 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -7 B) and Investment Cash Flow (¥ -1 B) is minus, Net Income (¥ 181 M) is plus. Because it is unnatural that profits have come out in this situation, the possibility of holding the non-performing asset is very high.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Operating Cash Flow (¥ -7 B) is a minus, Other Current Assets (¥ 37 B) - more than 66% of Total Assets (¥ 48 B) is occupied , the possibility of holding the non-performing asset is very high.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -7 B) is a minus, Financial Cash Flow (¥ 7 B) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.

Ticker Market Industry Month report Rating
@ 大末建設 1814 TSE 1st Construction 3 Annual CC

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