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News Network PCL (BKK:NEWS-W7-R) Financial Strength : 0 (As of Jun. 2024)


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What is News Network PCL Financial Strength?

News Network PCL has the Financial Strength Rank of 0.

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.

News Network PCL did not have earnings to cover the interest expense. News Network PCL's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.31. As of today, News Network PCL's Altman Z-Score is -1.46.


Competitive Comparison of News Network PCL's Financial Strength

For the Software - Application subindustry, News Network 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.


News Network PCL's Financial Strength Distribution in the Software Industry

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

* The bar in red indicates where News Network PCL's Financial Strength falls into.



News Network 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:

News Network PCL's Interest Expense for the months ended in Jun. 2024 was ฿-0.69 Mil. Its Operating Income for the months ended in Jun. 2024 was ฿-76.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ฿32.72 Mil.

News Network PCL's Interest Coverage for the quarter that ended in Jun. 2024 is

News Network PCL did not have earnings to cover the interest expense.

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

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

News Network PCL's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12.845 + 32.721) / 147.464
=0.31

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.

News Network PCL has a Z-score of -1.46, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -1.46 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


News Network PCL  (BKK:NEWS-W7-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.

News Network PCL has the Financial Strength Rank of 0.


News Network PCL Financial Strength Related Terms

Thank you for viewing the detailed overview of News Network PCL's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


News Network PCL Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation, and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware, and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the securities segment, which provides securities brokerage for investment units and securities brokerage and derivatives business agents.

News Network PCL Headlines

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