What is Nawarat Patanakarn PCL Financial Strength?
Nawarat Patanakarn PCL has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Nawarat Patanakarn 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.
Nawarat Patanakarn PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.51.
Nawarat Patanakarn PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.59.
As of today, Nawarat Patanakarn PCL's Altman Z-Score is 0.45.
Competitive Comparison of Nawarat Patanakarn PCL's Financial Strength
For the Engineering & Construction subindustry, Nawarat Patanakarn 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.
Nawarat Patanakarn PCL's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Nawarat Patanakarn PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Nawarat Patanakarn PCL's Financial Strength falls into.
Nawarat Patanakarn 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:
Nawarat Patanakarn PCL's Interest Expense for the
months ended in Mar. 2024 was ฿-92 Mil. Its Operating Income for the
months ended in Mar. 2024 was ฿139 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿2,596 Mil.
Nawarat Patanakarn PCL's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Nawarat Patanakarn PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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.
Nawarat Patanakarn PCL has a Z-score of 0.45, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.45 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.
Nawarat Patanakarn PCL (BKK:NWR) Business Description
Traded in Other Exchanges
N/A
Address
Bangna-Trad Road Km. 6.5, 2/3, Bangna Towers A, 18th -19th Floor, Moo 14, Bangkaew, Bangplee, Samutprakarn, THA, 10540
Nawarat Patanakarn PCL is engaged in the provision of construction services. The company operates through three business segments which include the Construction contracting business, Real estate development business and Manufacture of concrete product business. Additionally, it undertakes works of construction as the main contractor, a sub-contractor, or through a joint venture business. The construction services include building, industrial, infrastructure, and marine. Its product consists of precast concrete piles, pre-stressed concrete girders, precise segmental tunnel lining, jacking pipes, precise shafts, caissons, and steel fabrication. The company serves various sectors such as government sectors, state enterprises, as well as private sectors.
Nawarat Patanakarn PCL (BKK:NWR) Headlines
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