What is Somboon Advance Technology PCL Financial Strength?
Somboon Advance Technology PCL has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Somboon Advance Technology PCL shows strong financial strength.
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.
Somboon Advance Technology PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 348.76.
Somboon Advance Technology PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.01.
As of today, Somboon Advance Technology PCL's Altman Z-Score is 4.35.
Competitive Comparison of Somboon Advance Technology PCL's Financial Strength
For the Auto Parts subindustry, Somboon Advance Technology 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.
Somboon Advance Technology PCL's Financial Strength Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Somboon Advance Technology PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Somboon Advance Technology PCL's Financial Strength falls into.
Somboon Advance Technology 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:
Somboon Advance Technology PCL's Interest Expense for the
months ended in Mar. 2024 was ฿-1 Mil. Its Operating Income for the
months ended in Mar. 2024 was ฿192 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿23 Mil.
Somboon Advance Technology PCL's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Somboon Advance Technology PCL has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
Somboon Advance Technology PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
Somboon Advance Technology PCL has a Z-score of 4.35, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 4.35 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.
Somboon Advance Technology PCL (BKK:SAT) Business Description
Traded in Other Exchanges
Address
No. 129 Moo 2, Bangna-Trad Road, Tambol Bangchalong, Amphoe Bang Phli, Samutprakarn, THA, 10540
Somboon Advance Technology PCL is a Thailand based company engaged in the manufacture and distribution of motor vehicle parts. The principal businesses of the company are the manufacture of pick-up axles and truck trunnion shafts. It manufactures parts for passenger cars, pickup trucks, trucks and agricultural machinery. Its products include axle shafts, disc brakes, drum brakes, exhaust manifolds, leaf springs, stabilizer bars, hot coil springs, and other related products. The group has two reportable segments namely, Pick-up axles and truck trunnion shafts, and Other auto parts. The majority of the revenue is generated from the Other auto parts segment.
Somboon Advance Technology PCL (BKK:SAT) Headlines
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