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CYL Bhd (XKLS:7157) Financial Strength : 10 (As of Jan. 2024)


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What is CYL Bhd Financial Strength?

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

Good Sign:

CYL Corp 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.

CYL Bhd's Interest Coverage for the quarter that ended in Jan. 2024 was 238.90. CYL Bhd's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.00. As of today, CYL Bhd's Altman Z-Score is 4.39.


Competitive Comparison of CYL Bhd's Financial Strength

For the Packaging & Containers subindustry, CYL 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.


CYL Bhd's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CYL Bhd's Financial Strength distribution charts can be found below:

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



CYL 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:

CYL Bhd's Interest Expense for the months ended in Jan. 2024 was RM-0.04 Mil. Its Operating Income for the months ended in Jan. 2024 was RM9.80 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM0.00 Mil.

CYL Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is

Interest Coverage=-1*Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*9.795/-0.041
=238.90

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

Good Sign:

CYL Corp Bhd has no debt.

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

CYL Bhd's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 41.424
=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.

CYL Bhd has a Z-score of 4.39, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.39 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.


CYL Bhd  (XKLS:7157) 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.

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


CYL Bhd Financial Strength Related Terms

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CYL Bhd (XKLS:7157) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jalan Teluk Gadung 27/93, Section 27, Darul Ehsan, Shah Alam, SGR, MYS, 40000
CYL Corp Bhd is involved in the plastics packaging industry. The principal business activities comprise manufacturing and supplying plastic packaging products. Its product offerings include blow-molded plastic products and injection-molding plastic products. Its other value-added services include silk screen printing, bottle labeling and shrink tunnel sleeving. The company serves a diverse range of markets including consumer toiletries and detergent, automotive lubricant, pharmaceutical, and food industries.

CYL Bhd (XKLS:7157) Headlines

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