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Raimon Land PCL (BKK:RML-R) Financial Strength : 1 (As of Mar. 2025)


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What is Raimon Land PCL Financial Strength?

Raimon Land PCL has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Raimon Land 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 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.

Raimon Land PCL did not have earnings to cover the interest expense. Raimon Land PCL's debt to revenue ratio for the quarter that ended in Mar. 2025 was 8.91. As of today, Raimon Land PCL's Altman Z-Score is -0.56.


Competitive Comparison of Raimon Land PCL's Financial Strength

For the Real Estate - Development subindustry, Raimon Land 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.


Raimon Land PCL's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Raimon Land PCL's Financial Strength distribution charts can be found below:

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


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Raimon Land 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:

Raimon Land PCL's Interest Expense for the months ended in Mar. 2025 was ฿-96.5 Mil. Its Operating Income for the months ended in Mar. 2025 was ฿-34.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿925.3 Mil.

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

Raimon Land 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.

Raimon Land 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
=(2322.928 + 925.262) / 364.536
=8.91

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.

Raimon Land PCL has a Z-score of -0.56, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.56 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.


Raimon Land PCL  (BKK:RML-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.

Raimon Land PCL has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Raimon Land PCL Financial Strength Related Terms

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Raimon Land PCL Business Description

Traded in Other Exchanges
Address
Ploenchit Road, 548 One City Centre Building, 54th Floor, Lumphini, Pathum Wan, Bangkok, THA, 10330
Raimon Land PCL is a Thailand-based developer of luxury and ultra-luxury real estate Company. The Company's principal activities include real estate development for sale, including acquiring or investing in other companies; developing and/or occupying real estate for rent; providing project management services to residents and/or investors, and providing brokerage services for residential units, and other businesses such as, food and beverages. It also provides construction management services. Its projects include The Lofts Sathorn, The Lakes Condominium, The Legend Saladaeng, Northshore Condominium, Kata Gardens and others.

Raimon Land PCL Headlines

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