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Bangkok Chain Hospital (BKK:BCH) Financial Strength : 9 (As of Dec. 2024)


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What is Bangkok Chain Hospital Financial Strength?

Bangkok Chain Hospital has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Bangkok Chain Hospital PLC shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Bangkok Chain Hospital's Interest Coverage for the quarter that ended in Dec. 2024 was 16.64. Bangkok Chain Hospital's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.08. As of today, Bangkok Chain Hospital's Altman Z-Score is 8.49.


Competitive Comparison of Bangkok Chain Hospital's Financial Strength

For the Medical Care Facilities subindustry, Bangkok Chain Hospital'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.


Bangkok Chain Hospital's Financial Strength Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Bangkok Chain Hospital's Financial Strength distribution charts can be found below:

* The bar in red indicates where Bangkok Chain Hospital's Financial Strength falls into.


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Bangkok Chain Hospital 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:

Bangkok Chain Hospital's Interest Expense for the months ended in Dec. 2024 was ฿-15 Mil. Its Operating Income for the months ended in Dec. 2024 was ฿256 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ฿266 Mil.

Bangkok Chain Hospital's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*256.281/-15.399
=16.64

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

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

Bangkok Chain Hospital's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(630.867 + 266.428) / 11119.004
=0.08

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.

Bangkok Chain Hospital has a Z-score of 8.49, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.49 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.


Bangkok Chain Hospital  (BKK:BCH) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Bangkok Chain Hospital has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Bangkok Chain Hospital Financial Strength Related Terms

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


Bangkok Chain Hospital Business Description

Traded in Other Exchanges
Address
44 Moo 4, Chaengwattana Road, Pakkred, Nonthaburi, THA, 11120
Bangkok Chain Hospital PLC is engaged in operating private hospitals and, nursing businesses to provide medical treatment to patients in Bangkok vicinity, Chiang Rai, Saraburi, Nonthaburi, Pathumthani, Ayudhaya, Chachoengsao, Prachinburi, Sa Kaeo Province, and Lao People's Democratic Republic as well as selling healthy drinks, providing medical analysis and research services in operation rooms, and providing assets management services relevant to the hospital and property for rent. The group operates in single line of business, private hospital business.

Bangkok Chain Hospital Headlines

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