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Vintcom Technology PCL (BKK:VCOM-R) Financial Strength : 8 (As of Dec. 2023)


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What is Vintcom Technology PCL Financial Strength?

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

Good Sign:

Vintcom 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.

Vintcom Technology PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 13.51. Vintcom Technology PCL's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.02. As of today, Vintcom Technology PCL's Altman Z-Score is 2.94.


Competitive Comparison of Vintcom Technology PCL's Financial Strength

For the Electronics & Computer Distribution subindustry, Vintcom 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.


Vintcom Technology PCL's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vintcom Technology PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vintcom Technology PCL's Financial Strength falls into.



Vintcom 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:

Vintcom Technology PCL's Interest Expense for the months ended in Dec. 2023 was ฿-3 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿36 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿26 Mil.

Vintcom Technology PCL's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*36.282/-2.686
=13.51

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

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

Vintcom Technology PCL's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.51 + 26.151) / 2325.696
=0.02

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.

Vintcom Technology PCL has a Z-score of 2.94, indicating it is in Grey Zones. This implies that Vintcom Technology PCL is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.94 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Vintcom Technology PCL  (BKK:VCOM-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.

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


Vintcom Technology PCL Financial Strength Related Terms

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Vintcom Technology PCL (BKK:VCOM-R) Business Description

Traded in Other Exchanges
Address
Sukhumvit 21 Road (Asoke), 14th Floor, 159/21 Serm-Mit Tower, Unit 1401, North-Klongtoey, Wattana, Bangkok, THA, 10110
Vintcom Technology PCL is a Thailand-based company engaged in trading computers and equipment including related software and related services for the computer. It operates in two segments - Sale of goods and Rendering of services. It generates a majority of its revenue from the sale of goods segment. Geographically, the firm earns substantial revenue from Thailand and also serves Myanmar, Cambodia and other countries.

Vintcom Technology PCL (BKK:VCOM-R) Headlines

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