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Super Energy Public Co (BKK:SUPER) Financial Strength : 2 (As of Mar. 2024)


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What is Super Energy Public Co Financial Strength?

Super Energy Public Co 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:

Super Energy Corp Public Co Ltd 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.

Super Energy Public Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.16. Super Energy Public Co's debt to revenue ratio for the quarter that ended in Mar. 2024 was 4.69. As of today, Super Energy Public Co's Altman Z-Score is 0.19.


Competitive Comparison of Super Energy Public Co's Financial Strength

For the Utilities - Renewable subindustry, Super Energy Public Co'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.


Super Energy Public Co's Financial Strength Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Super Energy Public Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Super Energy Public Co's Financial Strength falls into.



Super Energy Public Co 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:

Super Energy Public Co's Interest Expense for the months ended in Mar. 2024 was ฿-1,042 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿1,213 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿29,452 Mil.

Super Energy Public Co's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1213.102/-1042.357
=1.16

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Super Energy Corp Public Co Ltd interest coverage is 1.05, which is low.

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

Super Energy Public Co's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(21477.762 + 29451.839) / 10851.18
=4.69

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.

Super Energy Public Co has a Z-score of 0.19, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.19 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.


Super Energy Public Co  (BKK:SUPER) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Super Energy Public Co 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.


Super Energy Public Co Financial Strength Related Terms

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Super Energy Public Co (BKK:SUPER) Business Description

Traded in Other Exchanges
N/A
Address
Sanpawut Road, 223/61 Country Complex Tower A, 14th Floor, Bangna Tai, Bangkok, THA, 10260
Super Energy Corp Public Co Ltd is an electric utility company serving customers in its home nation of Thailand. Super Energy's three principal businesses are the production and distribution of electricity from alternative energy sources, the Production and sale of untreated water and tap water, and information technology. The company operates and manages a portfolio of solar and biomass power plants. Most of its revenue comes from the sale and distribution of electricity from its solar power facilities. The IT services business also constitutes a significant revenue stream. The company offers engineering, procurement, construction, operation, maintenance, and monitoring services primarily to other solar power plants.

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