What is Crest Builder Holdings Bhd Financial Strength?
Crest Builder Holdings Bhd has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Crest Builder Holdings Bhd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Crest Builder Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1.08.
Crest Builder Holdings Bhd's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.27.
As of today, Crest Builder Holdings Bhd's Altman Z-Score is 0.62.
Competitive Comparison of Crest Builder Holdings Bhd's Financial Strength
For the Engineering & Construction subindustry, Crest Builder Holdings 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.
Crest Builder Holdings Bhd's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Crest Builder Holdings Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Crest Builder Holdings Bhd's Financial Strength falls into.
Crest Builder Holdings 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.
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:
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Crest Builder Holdings Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
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.
Crest Builder Holdings Bhd has a Z-score of 0.62, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.62 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.
Crest Builder Holdings Bhd (XKLS:8591) 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.
Crest Builder Holdings Bhd has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Crest Builder Holdings Bhd Financial Strength Related Terms
Thank you for viewing the detailed overview of Crest Builder Holdings Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Crest Builder Holdings Bhd (XKLS:8591) Business Description
Crest Builder Holdings Bhd is a Malaysia based company, through its subsidiaries, is engaged in the businesses of property investment and property development, and construction, among others. The entity's segments include Construction, Concession arrangement, Investment holding and Property development. The Construction segment contributes majorly in the company's revenue which includes general construction, mechanical and electrical engineering services. The Concession Arrangement segment is engaged in the construction and maintenance of facilities and infrastructure. The Property Development segment is engaged in the development of residential and commercial properties. The group operates within Malaysia.
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