What is Thai Oil PCL Financial Strength?
Thai Oil PCL has the Financial Strength Rank of 5.
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.
Thai Oil PCL's Interest Coverage for the quarter that ended in Dec. 2024 was 4.29.
Thai Oil PCL's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.39.
As of today, Thai Oil PCL's Altman Z-Score is 2.01.
Competitive Comparison of Thai Oil PCL's Financial Strength
For the Oil & Gas Refining & Marketing subindustry, Thai Oil 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.
Thai Oil PCL's Financial Strength Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Thai Oil PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Thai Oil PCL's Financial Strength falls into.
Thai Oil 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:
Thai Oil PCL's Interest Expense for the
months ended in Dec. 2024 was €-28 Mil. Its Operating Income for the
months ended in Dec. 2024 was €118 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €4,615 Mil.
Thai Oil PCL's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Thai Oil PCL's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is
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.
Thai Oil PCL has a Z-score of 2.01, indicating it is in Grey Zones. This implies that Thai Oil PCL is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.01 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
Thai Oil PCL Business Description
Traded in Other Exchanges
Address
Vibhavadi Rangsit Road, 555/1 Energy Complex, 11th Floor, Building A, Chatuchak Subdistrict, Chatuchak District, Bangkok, THA, 10900
Thai Oil PCL operates an integrated business in oil refining and petrochemicals. Along with oil refinery and distributions, the company has also expanded into other related businesses including petrochemicals-aromatics and olefin chain, lube base oil, etc. In addition, there are also ethanol and supporting businesses such as pipeline transportation, ethanol, recruitment services for Thaioil and subsidiaries, as well as treasury center to enhance Thaioil and subsidiaries. Along with its subsidiaries, the company operates in the following reportable segments; Oil refinery, which derives key revenue, Lube base oil refinery, Aromatics and LAB, Solvent, Power generation, Ethanol, Olefins, and Others. Geographically, it derives key revenue from Thailand, followed by Indonesia and other regions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:LQZ has been successfully added to your