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DTC Enterprise PCL (BKK:DTCENT) Financial Strength : 9 (As of Sep. 2023)


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What is DTC Enterprise PCL Financial Strength?

DTC Enterprise PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

DTC Enterprise PCL 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.

DTC Enterprise PCL's Interest Coverage for the quarter that ended in Sep. 2023 was 48.17. DTC Enterprise PCL's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.11. As of today, DTC Enterprise PCL's Altman Z-Score is 5.10.


Competitive Comparison of DTC Enterprise PCL's Financial Strength

For the Scientific & Technical Instruments subindustry, DTC Enterprise 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.


DTC Enterprise PCL's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DTC Enterprise PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where DTC Enterprise PCL's Financial Strength falls into.



DTC Enterprise 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:

DTC Enterprise PCL's Interest Expense for the months ended in Sep. 2023 was ฿-1.1 Mil. Its Operating Income for the months ended in Sep. 2023 was ฿51.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ฿70.2 Mil.

DTC Enterprise PCL's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*51.251/-1.064
=48.17

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

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

DTC Enterprise PCL's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(25.958 + 70.167) / 857.352
=0.11

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.

DTC Enterprise PCL has a Z-score of 5.10, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.1 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.


DTC Enterprise PCL  (BKK:DTCENT) 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.

DTC Enterprise PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


DTC Enterprise PCL Financial Strength Related Terms

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DTC Enterprise PCL (BKK:DTCENT) Business Description

Traded in Other Exchanges
N/A
Address
63, Soi Sanphawut 2, Sukhumvit Road, Bangna Nuea, Bangna, Bangkok, THA, 10260
DTC Enterprise PCL designs, research, develop, distribute, and provide vehicle tracking devices (GPS Tracking) and develop a complete range of IoT Solution and Artificial Intelligence (AI), including research and development of software systems for transportation management and other. The company has four segments namely, GPS tracking business, Software business, IoT business and Other businesses. The majority of revenue is generated through GPS tracking business. The company's products consist of GPS tracking systems, Mobile DVR, Software, and Solutions.

DTC Enterprise PCL (BKK:DTCENT) Headlines

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