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Qualitech PCL (BKK:QLT-R) Financial Strength : 7 (As of Mar. 2025)


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What is Qualitech PCL Financial Strength?

Qualitech 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.

Qualitech PCL did not have earnings to cover the interest expense. Qualitech PCL's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.06. As of today, Qualitech PCL's Altman Z-Score is 3.86.


Competitive Comparison of Qualitech PCL's Financial Strength

For the Specialty Business Services subindustry, Qualitech 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.


Qualitech PCL's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Qualitech PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Qualitech PCL's Financial Strength falls into.


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Qualitech 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:

Qualitech PCL's Interest Expense for the months ended in Mar. 2025 was ฿-0.5 Mil. Its Operating Income for the months ended in Mar. 2025 was ฿-1.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿15.0 Mil.

Qualitech PCL's Interest Coverage for the quarter that ended in Mar. 2025 is

Qualitech PCL did not have earnings to cover the interest expense.

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

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

Qualitech 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
=(5.741 + 14.965) / 353.684
=0.06

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.

Qualitech PCL has a Z-score of 3.86, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.86 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.


Qualitech PCL  (BKK:QLT-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.

Qualitech PCL has the Financial Strength Rank of 7.


Qualitech PCL Financial Strength Related Terms

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Qualitech PCL Business Description

Traded in Other Exchanges
Address
21/3 Banplong Road, Maptaput Sub-District, Muang District, Rayong, THA, 21150
Qualitech PCL provides the technical services testing, inspection, and certification for operation safety of industry equipment, pressure vessels, industrial boilers, piping, and steel structures which is important for the production process, storage, and transport of the products in power generation, petrochemical, and construction industry. Along with its subsidiaries, the company's core operations include; nondestructive testing and inspection, testing and certification of welding work, metal work, and equipment; sale of material and equipment used in inspection engineering services; and generating and distributing electricity current from solar or alternative energy. Maximum revenue is generated from the provision of Non-Destructive Testing services.

Qualitech PCL Headlines

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