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Bangkok Expressway (BKK:BECL-R) Financial Strength : 0 (As of Sep. 2015)


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What is Bangkok Expressway Financial Strength?

Bangkok Expressway 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.

GuruFocus does not calculate Bangkok Expressway's interest coverage with the available data. Bangkok Expressway's debt to revenue ratio for the quarter that ended in Sep. 2015 was 3.21. As of today, Bangkok Expressway's Altman Z-Score is 1.05.


Competitive Comparison of Bangkok Expressway's Financial Strength

For the Engineering & Construction subindustry, Bangkok Expressway'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 Expressway's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bangkok Expressway's Financial Strength distribution charts can be found below:

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



Bangkok Expressway 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 Expressway's Interest Expense for the months ended in Sep. 2015 was ฿0.00 Mil. Its Operating Income for the months ended in Sep. 2015 was ฿2,092.36 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was ฿20,597.58 Mil.

Bangkok Expressway's Interest Coverage for the quarter that ended in Sep. 2015 is

GuruFocus does not calculate Bangkok Expressway's interest coverage with the available data.

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

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

Bangkok Expressway's Debt to Revenue Ratio for the quarter that ended in Sep. 2015 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2015 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7984.6 + 20597.579) / 8891.672
=3.21

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 Expressway has a Z-score of 1.05, indicating it is in Distress Zones. This implies bankrupcy 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.


Bangkok Expressway  (BKK:BECL-R) 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.

Bangkok Expressway has the Financial Strength Rank of 0.


Bangkok Expressway Financial Strength Related Terms

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


Bangkok Expressway (BKK:BECL-R) Business Description

Traded in Other Exchanges
N/A
Address
Bangkok Expressway Public Company Limited engages in the design, construction, management, and operation of expressways in Thailand. The Company is engaged in the construction and management of Si Rat Expressway (Second Stage Expressway Project) and other extensions, including related businesses under the Second Stage Expressway agreement with the Expressway Authority of Thailand (EXAT); and the Udon Ratthaya Expressway under the Bang Pa-in-Pak Kret Expressway agreement entered into between EXAT and the Company.

Bangkok Expressway (BKK:BECL-R) Headlines

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