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CFM Holdings (SGX:5EB) Financial Strength : 0 (As of Dec. 2023)


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What is CFM Holdings Financial Strength?

CFM Holdings 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.

CFM Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 16.77. CFM Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.11. As of today, CFM Holdings's Altman Z-Score is 4.11.


Competitive Comparison of CFM Holdings's Financial Strength

For the Metal Fabrication subindustry, CFM Holdings'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.


CFM Holdings's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CFM Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where CFM Holdings's Financial Strength falls into.



CFM Holdings 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:

CFM Holdings's Interest Expense for the months ended in Dec. 2023 was S$-0.08 Mil. Its Operating Income for the months ended in Dec. 2023 was S$1.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$2.36 Mil.

CFM Holdings'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*1.325/-0.079
=16.77

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

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

CFM Holdings'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
=(0.698 + 2.364) / 29.082
=0.11

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.

CFM Holdings has a Z-score of 4.11, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.11 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.


CFM Holdings  (SGX:5EB) 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.

CFM Holdings has the Financial Strength Rank of 0.


CFM Holdings Financial Strength Related Terms

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


CFM Holdings (SGX:5EB) Business Description

Traded in Other Exchanges
N/A
Address
3 Ang Mo Kio Street 62, No. 05-16, LINK at AMK, Singapore, SGP, 569139
CFM Holdings Ltd is a provider of metal stamping services, design, fabrication, and the sale of tool-and-die used for the manufacture of stamped metal components. Its segments include Metal stamping that manufactures metal plates and metal stamping; Tooling that manufactures and fabricates engineering tools and die; Components and parts that trade other components and parts; and Cleanroom products that trade disposable and wearable for use in the cleanroom, biomedical, laboratories, and hospitals. The majority of the revenue is derived from the manufacture and sale of metal plates and metal stamping.

CFM Holdings (SGX:5EB) Headlines

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