What is Maybank Securities (Thailand) PCL Financial Strength?
Maybank Securities (Thailand) PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Maybank Securities (Thailand) PCL displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Maybank Securities (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.51.
Maybank Securities (Thailand) PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 4.79.
As of today, Maybank Securities (Thailand) PCL's Altman Z-Score is 0.88.
Competitive Comparison of Maybank Securities (Thailand) PCL's Financial Strength
For the Capital Markets subindustry, Maybank Securities (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.
Maybank Securities (Thailand) PCL's Financial Strength Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Maybank Securities (Thailand) PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Maybank Securities (Thailand) PCL's Financial Strength falls into.
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:
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Maybank Securities (Thailand) PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
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.
Maybank Securities (Thailand) PCL has a Z-score of 0.88, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.88 is in distress zone. This implies bankruptcy possibility in the next two years.
* 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.
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.
Maybank Securities (Thailand) PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Maybank Securities (Thailand) PCL Financial Strength Related Terms
Thank you for viewing the detailed overview of Maybank Securities (Thailand) PCL's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Maybank Securities (Thailand) PCL (BKK:MST) Business Description
Rama 1 Road, 20th - 21st Floor and 25th Floor, 999/9 The Offices at Central World Building, Pathumwan Sub-District, Pathumwan District, Bangkok, THA, 10330
Maybank Securities (Thailand) PCL is a public limited company incorporated and domiciled in Thailand. The company has licenses for securities business, which are securities brokerage, securities trading, underwriting, investment advisory, corporate finance advisory, securities registrar, derivatives brokerage, and securities borrowing and lending. The company is organized into business units based on its products and services and has two segments, namely the Securities Business segment, which provides service according to brokering and derivative brokering and securities borrowing and lending, and the Investment Banking segment, which provides underwriting, investment advisory, securities borrowing, and lending and corporate finance advisory services.
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