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Crown Seal (BKK:CSC) Financial Strength : 10 (As of Dec. 2023)


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What is Crown Seal Financial Strength?

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

Good Sign:

Crown Seal PLC 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.

Crown Seal's Interest Coverage for the quarter that ended in Dec. 2023 was 163.05. Crown Seal's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.01. As of today, Crown Seal's Altman Z-Score is 3.86.


Competitive Comparison of Crown Seal's Financial Strength

For the Packaging & Containers subindustry, Crown Seal'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.


Crown Seal's Financial Strength Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Crown Seal's Financial Strength falls into.



Crown Seal 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:

Crown Seal's Interest Expense for the months ended in Dec. 2023 was ฿-0 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿40 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿16 Mil.

Crown Seal's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*39.622/-0.243
=163.05

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Crown Seal PLC has enough cash to cover all of its debt. Its financial situation is stable.

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

Crown Seal's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(14.842 + 16.332) / 3398.032
=0.01

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.

Crown Seal has a Z-score of 3.86, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.86 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.


Crown Seal  (BKK:CSC) 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.

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


Crown Seal Financial Strength Related Terms

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Crown Seal (BKK:CSC) Business Description

Traded in Other Exchanges
N/A
Address
5 Soi Rangsit - Nakhon Nayok 46, Tambon Prachatipat, Amphur Thanyaburi, Pathum Thani, THA, 12130
Crown Seal PLC is engaged in the manufacture and sale of caps for bottles. Based on the products and services, the company is engaged in two reportable segments: Manufacture and sale of caps and Hire of printing sheets for the can. Its products and services include Crown Cap, Maxi Crown, Composite Cap, Hand-crowner, Plastic Cap, and others. The company earns the highest revenue from the Manufacture and sale of caps segment.

Crown Seal (BKK:CSC) Headlines

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