GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lam Soon (Thailand) PCL Shs (BKK:LST-R) » Definitions » Financial Strength

Lam Soon (Thailand) PCL Shs (BKK:LST-R) Financial Strength : 8 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Lam Soon (Thailand) PCL Shs Financial Strength?

Lam Soon (Thailand) PCL Shs has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Lam Soon (Thailand) PCL Shs 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.

Lam Soon (Thailand) PCL Shs's Interest Coverage for the quarter that ended in Mar. 2024 was 36.73. Lam Soon (Thailand) PCL Shs's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.05. As of today, Lam Soon (Thailand) PCL Shs's Altman Z-Score is 4.15.


Competitive Comparison of Lam Soon (Thailand) PCL Shs's Financial Strength

For the Farm Products subindustry, Lam Soon (Thailand) PCL Shs'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.


Lam Soon (Thailand) PCL Shs's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lam Soon (Thailand) PCL Shs's Financial Strength distribution charts can be found below:

* The bar in red indicates where Lam Soon (Thailand) PCL Shs's Financial Strength falls into.



Lam Soon (Thailand) PCL Shs 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:

Lam Soon (Thailand) PCL Shs's Interest Expense for the months ended in Mar. 2024 was ฿-5 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿172 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿61 Mil.

Lam Soon (Thailand) PCL Shs'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*171.753/-4.676
=36.73

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

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

Lam Soon (Thailand) PCL Shs'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
=(555.245 + 60.636) / 11257.568
=0.05

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.

Lam Soon (Thailand) PCL Shs has a Z-score of 4.15, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.15 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.


Lam Soon (Thailand) PCL Shs  (BKK:LST-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.

Lam Soon (Thailand) PCL Shs has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Lam Soon (Thailand) PCL Shs Financial Strength Related Terms

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


Lam Soon (Thailand) PCL Shs (BKK:LST-R) Business Description

Traded in Other Exchanges
Address
64, Soi Bangna-Trad 25, Bangna Nuea, Bangkok, THA, 10260
Lam Soon (Thailand) PCL Shs along with its subsidiaries is principally engaged in the manufacture and distribution of palm oil. The group and its subsidiaries are organized into business units based on their products and services and have two reportable segments namely manufacturing and distribution of palm oil segment, which includes the generation of electricity from biogases, the by-products from palm oil manufacturing; and the manufacturing and distribution of processed fruits and vegetable segment. Geographically, operates through the region of Thailand and it holds a presence in the international market, however domestic sales account for the majority of revenue.

Lam Soon (Thailand) PCL Shs (BKK:LST-R) Headlines

No Headlines