GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Metech International Ltd (SGX:V3M) » Definitions » Financial Strength

Metech International (SGX:V3M) Financial Strength : 0 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Metech International Financial Strength?

Metech International 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.

Metech International did not have earnings to cover the interest expense. Metech International's debt to revenue ratio for the quarter that ended in Dec. 2023 was 6.77. As of today, Metech International's Altman Z-Score is -16.60.


Competitive Comparison of Metech International's Financial Strength

For the Specialty Business Services subindustry, Metech International'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.


Metech International's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metech International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Metech International's Financial Strength falls into.



Metech International 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:

Metech International's Interest Expense for the months ended in Dec. 2023 was S$-0.01 Mil. Its Operating Income for the months ended in Dec. 2023 was S$-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.26 Mil.

Metech International's Interest Coverage for the quarter that ended in Dec. 2023 is

Metech International 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.

Metech International'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
=(0.094 + 0.258) / 0.052
=6.77

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.

Metech International has a Z-score of -16.60, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -16.6 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.


Metech International  (SGX:V3M) 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.

Metech International has the Financial Strength Rank of 0.


Metech International Financial Strength Related Terms

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


Metech International (SGX:V3M) Business Description

Traded in Other Exchanges
N/A
Address
100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523
Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

No Headlines