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Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Financial Strength : 5 (As of Mar. 2024)


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What is Cal-Comp Electronics (Thailand) PCL Financial Strength?

Cal-Comp Electronics (Thailand) PCL has the Financial Strength Rank of 5.

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.

Cal-Comp Electronics (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 2.72. Cal-Comp Electronics (Thailand) PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.19. As of today, Cal-Comp Electronics (Thailand) PCL's Altman Z-Score is 2.74.


Competitive Comparison of Cal-Comp Electronics (Thailand) PCL's Financial Strength

For the Computer Hardware subindustry, Cal-Comp Electronics (Thailand) PCL'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.


Cal-Comp Electronics (Thailand) PCL's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cal-Comp Electronics (Thailand) PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cal-Comp Electronics (Thailand) PCL's Financial Strength falls into.



Cal-Comp Electronics (Thailand) PCL 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:

Cal-Comp Electronics (Thailand) PCL's Interest Expense for the months ended in Mar. 2024 was ฿-377 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿1,026 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿11,613 Mil.

Cal-Comp Electronics (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1026.141/-377.259
=2.72

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

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

Cal-Comp Electronics (Thailand) PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(12509.92 + 11612.785) / 127082.148
=0.19

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.

Cal-Comp Electronics (Thailand) PCL has a Z-score of 2.74, indicating it is in Grey Zones. This implies that Cal-Comp Electronics (Thailand) PCL is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.74 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Cal-Comp Electronics (Thailand) PCL  (BKK:CCET) 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.

Cal-Comp Electronics (Thailand) PCL has the Financial Strength Rank of 5.


Cal-Comp Electronics (Thailand) PCL Financial Strength Related Terms

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Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Business Description

Traded in Other Exchanges
Address
Rachadapisek Road, 191/54,191/57, 18th Floor, CTI Tower, Kwang Klongtoey, Khet Klongtoey, Bangkok, THA, 10110
Cal-Comp Electronics (Thailand) PCL is a Thailand-based company engaged in the manufacture of electronic products, such as computer and computer peripherals, telecommunication equipment, and automation equipment. The company has three reporting segments: Computer peripherals offer ink-jet printers, laser printers, multifunction printers, dot-matrix printers, external hard drives, and printed circuit board assemblies, Telecommunications products include set-top boxes and Bluetooth headsets, and Service income segment. Computer peripherals generate the majority of the company's revenue. The company serves markets in Thailand, the British Virgin Islands, Brazil, China, and the Philippines and the majority of its sales come from its customer base in Thailand.

Cal-Comp Electronics (Thailand) PCL (BKK:CCET) Headlines

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