GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT-F) » Definitions » Financial Strength

Sub Sri Thai Real Estate Investment Trust (BKK:SSTRT-F) Financial Strength : 7 (As of Mar. 2025)


View and export this data going back to 2014. Start your Free Trial

What is Sub Sri Thai Real Estate Investment Trust Financial Strength?

Sub Sri Thai Real Estate Investment Trust 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.

Sub Sri Thai Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2025 was 20.39. Sub Sri Thai Real Estate Investment Trust's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.83. As of today, Sub Sri Thai Real Estate Investment Trust's Altman Z-Score is 3.53.


Competitive Comparison of Sub Sri Thai Real Estate Investment Trust's Financial Strength

For the REIT - Industrial subindustry, Sub Sri Thai Real Estate Investment Trust'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.


Sub Sri Thai Real Estate Investment Trust's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sub Sri Thai Real Estate Investment Trust's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sub Sri Thai Real Estate Investment Trust's Financial Strength falls into.


;
;

Sub Sri Thai Real Estate Investment Trust 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:

Sub Sri Thai Real Estate Investment Trust's Interest Expense for the months ended in Mar. 2025 was ฿-1.5 Mil. Its Operating Income for the months ended in Mar. 2025 was ฿30.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿73.9 Mil.

Sub Sri Thai Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2025 is

Interest Coverage=-1*Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*30.26/-1.484
=20.39

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

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

Sub Sri Thai Real Estate Investment Trust'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
=(37.2 + 73.933) / 134.196
=0.83

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.

Sub Sri Thai Real Estate Investment Trust has a Z-score of 3.53, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.53 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.


Sub Sri Thai Real Estate Investment Trust  (BKK:SSTRT-F) 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.

Sub Sri Thai Real Estate Investment Trust has the Financial Strength Rank of 7.


Sub Sri Thai Real Estate Investment Trust Financial Strength Related Terms

Thank you for viewing the detailed overview of Sub Sri Thai Real Estate Investment Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Sub Sri Thai Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
Soi Pattanakarn 20, 206, Plaza Building, 4th Floor, Suan Luang Sub-District, Bangkok, THA, 10250
Sub Sri Thai Real Estate Investment Trust is a closed end property fund. The company's objective is to raise funds from general investors and to use the proceeds from fundraising for investing in real estate or leasehold in real estate and the assets which are parts or accessories of such real estates.

Sub Sri Thai Real Estate Investment Trust Headlines

No Headlines