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SHL Consolidated Bhd (XKLS:6017) Financial Strength : 10 (As of Dec. 2023)


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What is SHL Consolidated Bhd Financial Strength?

SHL Consolidated Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

SHL Consolidated Bhd 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.

GuruFocus does not calculate SHL Consolidated Bhd's interest coverage with the available data. SHL Consolidated Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, SHL Consolidated Bhd's Altman Z-Score is 5.52.


Competitive Comparison of SHL Consolidated Bhd's Financial Strength

For the Real Estate Services subindustry, SHL Consolidated Bhd'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.


SHL Consolidated Bhd's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SHL Consolidated Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where SHL Consolidated Bhd's Financial Strength falls into.



SHL Consolidated Bhd 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:

SHL Consolidated Bhd's Interest Expense for the months ended in Dec. 2023 was RM0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was RM22.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.0 Mil.

SHL Consolidated Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is

GuruFocus does not calculate SHL Consolidated Bhd's interest coverage with the available data.

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. SHL Consolidated Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

SHL Consolidated Bhd'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
=(0.013 + 0.008) / 242.232
=0.00

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.

SHL Consolidated Bhd has a Z-score of 5.52, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.52 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.


SHL Consolidated Bhd  (XKLS:6017) 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.

SHL Consolidated Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


SHL Consolidated Bhd Financial Strength Related Terms

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SHL Consolidated Bhd (XKLS:6017) Business Description

Traded in Other Exchanges
N/A
Address
346, Jalan Tun Razak, 16th Floor, Wisma Sin Heap Lee, Kuala Lumpur, SGR, MYS, 50400
SHL Consolidated Bhd is an investment holding company. It is an integrated commercial and residential property development group which are also involved in granite quarrying and manufacturing of aggregates, general building construction, earthworks, infrastructure works, renting out of plant and machinery. The company's operating segment includes Investment and services; Property development; Construction; Trading; Manufacturing and Quarrying. The company generates maximum revenue from the Property development segment. Geographically, it operates only in Malaysia.

SHL Consolidated Bhd (XKLS:6017) Headlines

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