GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pico (Thailand) PCL (BKK:PICO) » Definitions » Financial Strength

Pico (Thailand) PCL (BKK:PICO) Financial Strength : 9 (As of Jan. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Pico (Thailand) PCL Financial Strength?

Pico (Thailand) PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Pico (Thailand) PCL shows strong financial strength.

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.

Pico (Thailand) PCL's Interest Coverage for the quarter that ended in Jan. 2025 was 131.82. Pico (Thailand) PCL's debt to revenue ratio for the quarter that ended in Jan. 2025 was 0.01. As of today, Pico (Thailand) PCL's Altman Z-Score is 4.37.


Competitive Comparison of Pico (Thailand) PCL's Financial Strength

For the Advertising Agencies subindustry, Pico (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.


Pico (Thailand) PCL's Financial Strength Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Pico (Thailand) PCL's Financial Strength distribution charts can be found below:

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


;
;

Pico (Thailand) 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:

Pico (Thailand) PCL's Interest Expense for the months ended in Jan. 2025 was ฿-0 Mil. Its Operating Income for the months ended in Jan. 2025 was ฿7 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was ฿3 Mil.

Pico (Thailand) PCL's Interest Coverage for the quarter that ended in Jan. 2025 is

Interest Coverage=-1*Operating Income (Q: Jan. 2025 )/Interest Expense (Q: Jan. 2025 )
=-1*6.591/-0.05
=131.82

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. Pico (Thailand) PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

Pico (Thailand) PCL's Debt to Revenue Ratio for the quarter that ended in Jan. 2025 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2025 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3.855 + 2.878) / 1177.732
=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.

Pico (Thailand) PCL has a Z-score of 4.37, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.37 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.


Pico (Thailand) PCL  (BKK:PICO) 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.

Pico (Thailand) PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Pico (Thailand) PCL Financial Strength Related Terms

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


Pico (Thailand) PCL Business Description

Traded in Other Exchanges
N/A
Address
Sukhumvit Road, 10 Soi Lasalle 56, Bangna Tai, Bang Na District, Bangkok, THA, 10260
Pico (Thailand) PCL offers experiential marketing services. The company along with its subsidiaries operates in five segments including, the exhibition business, event marketing business, learning center and museum business, knowledge communication business, and other businesses. The company derives maximum revenue from the Event Marketing segment. These operations are mainly carried out in Thailand.

Pico (Thailand) PCL Headlines

No Headlines