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SVI PCL (BKK:SVI) Financial Strength : 7 (As of Mar. 2024)


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What is SVI PCL Financial Strength?

SVI PCL has the Financial Strength Rank of 7.

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.

SVI PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 8.29. SVI PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.19. As of today, SVI PCL's Altman Z-Score is 3.52.


Competitive Comparison of SVI PCL's Financial Strength

For the Electronic Components subindustry, SVI 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.


SVI PCL's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SVI PCL's Financial Strength distribution charts can be found below:

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



SVI 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:

SVI PCL's Interest Expense for the months ended in Mar. 2024 was ฿-39 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿324 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿812 Mil.

SVI PCL'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*323.857/-39.084
=8.29

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

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

SVI PCL'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
=(3113.939 + 812.004) / 20265.348
=0.19

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.

SVI PCL has a Z-score of 3.52, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.52 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.


SVI PCL  (BKK:SVI) 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.

SVI PCL has the Financial Strength Rank of 7.


SVI PCL Financial Strength Related Terms

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


SVI PCL (BKK:SVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tiwanon Road, Bangkadi, Muang, 141-142 Moo 5, Bangkadi Industrial Park, Pathumthani, Bangkok, THA, 12000
SVI PCL is a Thailand-based company, principally engaged in the manufacture and distribution of electronic manufacturing services. The business activities of the group generally function through three segments namely Industrial Control System, Communication network and Automotive & Transportation. The company acquires the majority of revenue share from the Communication network division. The operations of the Company and its subsidiaries are carried on in the geographic area of Asia and Europe.

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