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Credit Rating Analysis: イソライト工業 (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): イソライト工業 (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2013-03-31  B  Credit is not enough, easily undermined by biz environs. ¥ 12 B
-7.63%
¥ 781 M
8.32%
¥ 574 M
150.65%

Financial Timeline

Date  2012-12-31 
(Third quarter )
 2013-03-31 
(Annual )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating BBBBBBBB
Total Assets
¥ 16 B
¥ 16 B
¥ 16 B
¥ 16 B
Net Assets
¥ 5 B
¥ 6 B
¥ 6 B
¥ 6 B

Financial Statement Risk Analysis: イソライト工業 (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
[Date: 2013-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 12 B) is first term Sales (¥ 13 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 8 B) is first term Gross Income (¥ 9 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -711 M) & Financial Cash Flow (¥ -832 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend
Under the situation of Net Income (¥ 574 M) & Operating Cash Flow (¥ 1 B) , Dividend (¥ -94 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -963 M) is Sales first term ratio (¥ -1 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -336 M) & Financial Cash Flow (¥ -789 M) is a minus, Operating Cash Flow (¥ 702 M) is a plus,
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 13 B) is first term (¥ 12 B) more, however Operating Cash Flow (¥ 702 M) is first term (¥ 1 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2011-03-31]
*Financial Statement Risk was not found.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Sales is sharp decrease )
As compared with the first term of Sales (¥ 10 B) , Sales (¥ 15 B) is less than 80%, and As compared with the first term of Net Income (¥ -145 M) , Net Income (¥ -1 B) is less than 10%, , there is a possibility that the management situation has deteriorated very much.
Management Risk (*Sales is decrease )
Sales (¥ 10 B) is first term Sales (¥ 15 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Income is decrease )
Net Income (¥ -1 B) is first term Net Income (¥ -145 M) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-10.33%) is first term Net Profit Margin (-0.94%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -482 M) & Financial Cash Flow (¥ -259 M) is a minus, Operating Cash Flow (¥ 760 M) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 760 M), Dividend (¥ -47 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -1 B) is Sales first term ratio (¥ -4 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -145 M) & Operating Cash Flow (¥ -183 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -183 M) is a minus, Financial Cash Flow (¥ 788 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Dividend Risk
Under the situation of Net Income (¥ -145 M) & Operating Cash Flow (¥ -183 M), Dividend (¥ -164 M) is paid.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -183 M) and Investment Cash Flow (¥ -836 M) is minus, so , there is a possibility of the overinvestment.

Related Information: イソライト工業 (Annual )

Statement Type
Annual : イソライト工業
First quarter : イソライト工業
Second quarter : イソライト工業
Third quarter : イソライト工業
Analysis Menu
@Outline : イソライト工業
@Statement : イソライト工業
@Rating : イソライト工業
@Indicator : イソライト工業
@Download : イソライト工業
Industry Comparison Ranking
Glass & Ceramics Products - EDIUNET Industry Rankings
Glass & Ceramics Products - EDIUNET Credit Rating
Glass & Ceramics Products - EDIUNET Industry Avg
Comparison with a neighboring company
Osaka - EDIUNET Prefectures
Osaka大阪市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
1/21 アサヒ衛陶 - 2013-11-30
1/10 ToyoAsanoFoundation BBB→BB 2013-11-30 (Q3)
12/12 OHARA BBB→CCC 2013-10-31
11/14 NIPPON CONCRETE INDUSTR.. A 2013-09-30 (Q2)
11/14 DANTO HOLDINGS BB 2013-09-30 (Q3)
11/14 KURAMOTO B→CCC 2013-09-30 (Q3)
11/13 DC  BBB→A 2013-09-30 (Q2)
11/13 NIPPON HUME A 2013-09-30 (Q2)
11/13 A&A Material CC→BB 2013-09-30 (Q2)
11/13 TYK CORPOATION CCC→BBB 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ イソライト工業 5358 TSE 1st Glass & Ceramics Products 3 Annual B

Related Company

@ A&A Material (Sales ¥ 35 B)
@ TYK CORPOATION (Sales ¥ 17 B)
@ NORITAKE (Sales ¥ 90 B)
@ KCM (Sales ¥ 12 B)
@ NIPPON RESIBON (Sales ¥ 13 B)
@ KROSAKI HARIMA (Sales ¥ 97 B)
@ NIKKATO (Sales ¥ 8 B)
@ NIPPON VALQUA INDUSTRIES (Sales ¥ 37 B)
@ TAKAMISAWA (Sales ¥ 48 B)
@ イソライト工業 (Sales ¥ 12 B)
@ SEC CARBON (Sales ¥ 26 B)
@ DC  (Sales ¥ 37 B)
@ KURAMOTO (Sales ¥ 8 B)
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