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Credit Rating Analysis: 三谷伸銅 (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): 三谷伸銅 (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2011-03-31  BBB  Credit is enough, but be decreased potential by biz environs. ¥ 11 B
7.32%
¥ 426 M
61.52%
¥ 233 M
59.22%

Financial Timeline

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

Financial Statement Risk Analysis: 三谷伸銅 (Annual ) (Consolidated )

Special note
Net Assets have increased 3consecutive terms. The fiscal base is getting better.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -111 M) & Financial Cash Flow (¥ -30 M) is a minus, Operating Cash Flow (¥ 234 M) is a plus,
Dividend
Under the situation of Net Income (¥ 233 M) & Operating Cash Flow (¥ 234 M) , Dividend (¥ -54 M) is paid.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 11 B) is first term Sales (¥ 14 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 10 B) is first term Gross Income (¥ 13 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend
Under the situation of Net Income (¥ 146 M) & Operating Cash Flow (¥ 10 M) , Dividend (¥ -54 M) is paid.
Financing Risk (*Interest-bearing Debt more)
Sales first term ratio (¥ -3 B) & Operating Cash Flow first term ratio (¥ -1 B) is a minus, Interest-bearing Debt (¥ 1 B) is first term Interest-bearing Debt (¥ 1 B) more , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 1 B) is Sales first term ratio (¥ -3 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 is minus or 0 )
Net Income (¥ -201 M) is minus or 0, so , there is a possibility that the management situation is severe.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -116 M) & Financial Cash Flow (¥ -873 M) is a minus, Operating Cash Flow (¥ 1 B) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -201 M) & Operating Cash Flow (¥ 1 B), Dividend (¥ -61 M) is paid.
Non-performing asset Risk
Net Income (¥ -201 M) is a minus, Other Current Assets (¥ 3 B) - more than 50% of Total Assets (¥ 5 B) is occupied , there is a possibility of holding the non-performing asset.

Ticker Market Industry Month report Rating
@ 三谷伸銅 Nonferrous Metals Products 3 Annual BBB

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@ TOHO TITANIUM (Sales ¥ 40 B)
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@ HIRAKAWA HEWTECH (Sales ¥ 19 B)
@ 三ッ星 (Sales ¥ 8 B)
@ Asaka Riken (Sales ¥ 9 B)
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