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Muang Thai Insurance PCL (BKK:MTI-R) Financial Strength : 7 (As of Mar. 2025)


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What is Muang Thai Insurance PCL Financial Strength?

Muang Thai Insurance PCL has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Muang Thai Insurance PCL's Interest Coverage for the quarter that ended in Mar. 2025 was 387.28. Muang Thai Insurance PCL's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.01. Altman Z-Score does not apply to banks and insurance companies.


Muang Thai Insurance 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:

Muang Thai Insurance PCL's Interest Expense for the months ended in Mar. 2025 was ฿-1 Mil. Its Operating Income for the months ended in Mar. 2025 was ฿0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿109 Mil.

Muang Thai Insurance PCL's Interest Coverage for the quarter that ended in Mar. 2025 is

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. Muang Thai Insurance PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

Muang Thai Insurance PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 108.863) / 14558.34
=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.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


Muang Thai Insurance PCL  (BKK:MTI-R) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Muang Thai Insurance PCL has the Financial Strength Rank of 7.


Muang Thai Insurance PCL Financial Strength Related Terms

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Muang Thai Insurance PCL Business Description

Traded in Other Exchanges
Address
252, Rajadapisek Road, Building 1, Huaykwang Sub-district, Huaykwang District, Bangkok, THA, 10310
Muang Thai Insurance PCL is an insurance company whose core business is non-life insurance. As such, the company provides services including motor, property, marine, transportation, engineering, personal accident, health, special products, liability, and miscellaneous insurance. The company organizes its operations into two segments: Motor and Non-Motor Products. It generates its revenue from the premium income both direct premiums and reinsurance premiums, including the fees and commissions received.