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Triton Holding PCL (BKK:TRITN-F) Financial Strength : 3 (As of Mar. 2025)


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What is Triton Holding PCL Financial Strength?

Triton Holding PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. 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.

Triton Holding PCL's Interest Coverage for the quarter that ended in Mar. 2025 was 1.18. Triton Holding PCL's debt to revenue ratio for the quarter that ended in Mar. 2025 was 0.44. As of today, Triton Holding PCL's Altman Z-Score is -1.44.


Competitive Comparison of Triton Holding PCL's Financial Strength

For the Engineering & Construction subindustry, Triton Holding 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.


Triton Holding PCL's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Triton Holding PCL's Financial Strength distribution charts can be found below:

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


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Triton Holding 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:

Triton Holding PCL's Interest Expense for the months ended in Mar. 2025 was ฿-6.2 Mil. Its Operating Income for the months ended in Mar. 2025 was ฿7.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿164.1 Mil.

Triton Holding PCL'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*7.349/-6.218
=1.18

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

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

Triton Holding 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
=(192.369 + 164.14) / 805.632
=0.44

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.

Triton Holding PCL has a Z-score of -1.44, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -1.44 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.


Triton Holding PCL  (BKK:TRITN-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.

Triton Holding PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Triton Holding PCL Financial Strength Related Terms

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Triton Holding PCL Business Description

Traded in Other Exchanges
Address
Praditmanutham Road, 60 Soi Praditmanutham 19, Kwang Ladprao, Khet Ladprao, Bangkok, THA, 10230
Triton Holding PCL is a Thailand-based investment holding company. It is mainly engaged in the engineering and construction business. It operates through two segments namely Construction Business and Electricity and energy business. The company has its operations principally in Thailand. The Construction business segment acts as a key revenue driver for the firm.

Triton Holding PCL Headlines

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