Bankruptcy Probability

Tex-Ray Industrial Co Ltd's probability of bankruptcy is 2.7%, pointing to a small but noticeable default risk. The solvency score is 34/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-
5Y
-
10Y
-
Long-Term Investments
+
3Y
+14%
5Y
+38%
10Y
+1 738%
Debt
+
3Y
+17%
5Y
+53%
10Y
+70%

Solvency Ratios

Solvency Ratios Comparison
Tex-Ray Industrial Co Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
TW
Tex-Ray Industrial Co Ltd
TWSE:1467
1.8B TWD
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HK
Cecep Costin New Materials Group Ltd
HKEX:2228
25.9B HKD
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TW
Eclat Textile Co Ltd
TWSE:1476
87.4B TWD
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CN
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
17.1B CNY
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IN
Welspun Living Ltd
NSE:WELSPUNLIV
232.4B INR
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CN
Star Shine Holdings Group Ltd
HKEX:1440
19.2B HKD
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CN
HMT (Xiamen) New Technical Materials Co Ltd
SSE:603306
15.5B CNY
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UK
Coats Group PLC
LSE:COA
1.6B GBP
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TW
Ruentex Industries Ltd
TWSE:2915
61.2B TWD
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CN
Bros Eastern Ltd
SSE:601339
11.4B CNY
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CN
Billion Industrial Holdings Ltd
HKEX:2299
12B HKD
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No Stocks Found
Is Tex-Ray Industrial Co Ltd at risk of bankruptcy?

Tex-Ray Industrial Co Ltd's probability of bankruptcy is 2.7%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Tex-Ray Industrial Co Ltd have?

As of the latest report, Tex-Ray Industrial Co Ltd has total debt of 4.6B TWD. This includes both short-term (2.6B TWD) and long-term (2B TWD) debt.

You can find a full breakdown on its Balance Sheet.

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