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GFPT PCL (BKK:GFPT-F) Financial Strength : 7 (As of Dec. 2023)


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What is GFPT PCL Financial Strength?

GFPT PCL has the Financial Strength Rank of 7.

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.

GFPT PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 10.84. GFPT PCL's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.27. As of today, GFPT PCL's Altman Z-Score is 3.30.


Competitive Comparison of GFPT PCL's Financial Strength

For the Packaged Foods subindustry, GFPT 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.


GFPT PCL's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, GFPT PCL's Financial Strength distribution charts can be found below:

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



GFPT 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:

GFPT PCL's Interest Expense for the months ended in Dec. 2023 was ฿-27 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿298 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿3,373 Mil.

GFPT PCL'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*298.097/-27.498
=10.84

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

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

GFPT PCL'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
=(1798.28 + 3372.658) / 19188.28
=0.27

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.

GFPT PCL has a Z-score of 3.30, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.3 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.


GFPT PCL  (BKK:GFPT-F) 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.

GFPT PCL has the Financial Strength Rank of 7.


GFPT PCL Financial Strength Related Terms

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


GFPT PCL (BKK:GFPT-F) Business Description

Traded in Other Exchanges
Address
No.312, Rama II Road, Bangmod, Jomthong, Bangkok, THA, 10150
GFPT PCL is the parent company of the group that produces and distributes frozen chicken meat, processed chicken, and its byproducts for markets in Thailand and internationally. The company has many subsidiaries, each operating a specific step within the vertically integrated process of chicken and livestock products. The group has seven segments: Evisceration Chicken, Broiler Farm, Feed Mill, Parent Chickens, Chicks Distribution, Processed Food Production and Distribution, and Grandparent Chickens. Evisceration chicken accounts for a large portion of sales.

GFPT PCL (BKK:GFPT-F) Headlines

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