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Credit Rating Analysis: silex technology (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): silex technology (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2010-12-31  CCC  Credit is fragile, and depended on biz environs. ¥ 3 B
12.35%
¥ -274 M
64.10%
¥ -320 M
73.37%

Financial Timeline

Date  2010-12-31 
(Annual )
 2011-03-31 
(First quarter )
 2011-06-30 
(Second quarter )
 2011-09-30 
(Third quarter )
Credit Rating CCCCCCCC
Total Assets
¥ 4 B
¥ 4 B
¥ 4 B
¥ 4 B
Net Assets
¥ 1 B
¥ 1 B
¥ 1 B
¥ 1 B

Financial Statement Risk Analysis: silex technology (Annual ) (Consolidated )

[Date: 2010-12-31]  Danger : Warning : Caution : Good
Management Risk (*Cumulative loss)
Earned Surplus etc. (¥ -342 M) is minus, so Cumulative loss , there is a possibility that the management situation is severe.
Management Risk (*Net Income & Operating Cash Flow is minus or 0 )
Net Income(¥ -320 M) & Operating Cash Flow (¥ -242 M) is minus or 0, so , there is a possibility that the management situation is very severe.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 3 B) is first term (¥ 3 B) more, however Operating Cash Flow (¥ -242 M) is first term (¥ 88 M) less , there is a possibility that the financing has deteriorated very much.
Non-performing asset Risk
Net Income (¥ -320 M) Operating Cash Flow (¥ -242 M) is a minus, Other Current Assets (¥ 2 B) - more than 50% of Total Assets (¥ 4 B) is occupied , there is a possibility of holding the non-performing asset.
Overinvestment Risk (*Intangible Assets confirmed content)
Operating Cash Flow (¥ -242 M) and Investment Cash Flow (¥ -76 M) is minus, so , there is a possibility of the overinvestment.
[Date: 2009-12-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -1 B) 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 (¥ -254 M) & Financial Cash Flow (¥ -255 M) is a minus, Operating Cash Flow (¥ 88 M) is a plus,
Dividend Risk
Under the situation of Net Income (¥ -1 B) & Operating Cash Flow (¥ 88 M), Dividend (¥ -53 M) is paid.
Non-performing asset Risk
Net Income (¥ -1 B) is a minus, Other Current Assets (¥ 2 B) - more than 50% of Total Assets (¥ 4 B) is occupied , there is a possibility of holding the non-performing asset.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -1 B) is a minus, the cashflow of Operating Cash Flow (¥ 88 M) is smaller than Investment Cash Flow (¥ -254 M) , there is a possibility of the overinvestment.

Ticker Market Industry Month report Rating
@ silex technology 6679 OSE JASDAQ Electric Appliances 12 Annual CCC

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