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Credit Rating Analysis: GONZO K. K. (Annual )

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

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): GONZO K. K. (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-03-31  C  Credit is extremely vulnerable. The lowest rating. ¥ 1 B
48.75%
¥ 168 M
87.03%
¥ 113 M
163.04%

Financial Timeline

Date  - 
(First quarter )
 - 
(Third quarter )
 2011-09-30 
(Second quarter )
 2012-03-31 
(Annual )
Credit Rating --CC
Total Assets
¥ 7 B
¥ 6 B
Net Assets
¥ -2 B
¥ -2 B

Financial Statement Risk Analysis: GONZO K. K. (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
The change of Operating cash flow is going too far. The management situation is unstable.
4 consecutive terms, Cumulative loss. The fiscal base is unstable.
Net Assets have increased 4consecutive terms. The fiscal base is getting better.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Liabilities in excess of assets)
Net Assets (¥ -2 B) is minus, so Liabilities in excess of assets , the management situation is extremely severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -131 M) & Financial Cash Flow (¥ -18 M) is a minus, Operating Cash Flow (¥ 163 M) is a plus,
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Management Risk (*Liabilities in excess of assets)
Net Assets (¥ -2 B) is minus, so Liabilities in excess of assets , the management situation is extremely severe.
Management Risk (*Sales is decrease )
Sales (¥ 936 M) is first term Sales (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 466 M) is first term Gross Income (¥ 1 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -85 M) & Financial Cash Flow (¥ -104 M) is a minus, Operating Cash Flow (¥ 104 M) is a plus,
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -74 M) is Sales first term ratio (¥ -893 M) more , there is a possibility that the non-performing asset was increased.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Liabilities in excess of assets)
Net Assets (¥ -2 B) is minus, so Liabilities in excess of assets , the management situation is extremely severe.
Management Risk (*Current Profit & Operating Cash Flow is minus or 0 )
Current Profit(¥ -320 M) & Operating Cash Flow (¥ -322 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Management Risk (*Sales is decrease )
Sales (¥ 1 B) is first term Sales (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 1 B) is first term Gross Income (¥ 6 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Risk (*Operating Cash Flow is minus or 0 &Sales is decrease )
Sales (¥ 1 B) is first term Sales (¥ 6 B) less, however Operating Cash Flow (¥ -322 M) is compensated for Investment Cash Flow (¥ 92 M) etc. , there is a possibility that the financing is severe.
Financing Risk (*Financial Cash Flow is plus )
Operating Cash Flow (¥ -322 M) is a minus, Financial Cash Flow (¥ 156 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Financing Risk (*Sale of stock property)
Operating Cash Flow (¥ -322 M) is minus, Investment Cash Flow (¥ 92 M) is plus. Because the main occupation was dull, stock property may have been sold off.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -939 M) 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 (*Liabilities in excess of assets)
Net Assets (¥ -2 B) is minus, so Liabilities in excess of assets , the management situation is extremely severe.
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -3 B) & Operating Cash Flow (¥ -595 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 (¥ -595 M) is a minus, Financial Cash Flow (¥ 631 M) is a plus. Because sale is inactive, it may depend for financing on loan from banks, capital increase, etc.
Non-performing asset Risk
Net Income (¥ -3 B) Operating Cash Flow (¥ -595 M) is a minus, Other Current Assets (¥ 1 B) - more than 50% of Total Assets (¥ 2 B) is occupied , there is a possibility of holding the non-performing asset.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -595 M) and Investment Cash Flow (¥ -409 M) is minus, so , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ GONZO K. K. Other Services 3 Annual C

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