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Beryl 8 Plus PCL (BKK:BE8-R) Financial Strength : 8 (As of Mar. 2024)


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What is Beryl 8 Plus PCL Financial Strength?

Beryl 8 Plus PCL has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Beryl 8 Plus PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 7.38. Beryl 8 Plus PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.20. As of today, Beryl 8 Plus PCL's Altman Z-Score is 3.56.


Competitive Comparison of Beryl 8 Plus PCL's Financial Strength

For the Information Technology Services subindustry, Beryl 8 Plus PCL's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Beryl 8 Plus PCL's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Beryl 8 Plus PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Beryl 8 Plus PCL's Financial Strength falls into.



Beryl 8 Plus PCL Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Beryl 8 Plus PCL's Interest Expense for the months ended in Mar. 2024 was ฿-7 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿50 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿125 Mil.

Beryl 8 Plus PCL's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*49.748/-6.742
=7.38

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Beryl 8 Plus PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(328.06 + 124.9) / 2281.332
=0.20

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Beryl 8 Plus PCL has a Z-score of 3.56, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.56 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Beryl 8 Plus PCL  (BKK:BE8-R) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Beryl 8 Plus PCL has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Beryl 8 Plus PCL Financial Strength Related Terms

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Beryl 8 Plus PCL (BKK:BE8-R) Business Description

Traded in Other Exchanges
Address
33/4 Rama 9 Road, The 9th Tower Grand Rama9 Building (Tower B), Floor 19, Huai Khwang Sub-District, Huai Khwang District, Bangkok, THA, 10310
Beryl 8 Plus PCL is principally engaged in providing consultation, design, and installation software to support customer relationship management, sales of subscriptions, and integrated system service management after installation. The company operates in two segments: Strategy & Technology Consulting and Technology Support Services.

Beryl 8 Plus PCL (BKK:BE8-R) Headlines

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