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Infinity Logistics And Transport Ventures (HKSE:01442) Financial Strength : 5 (As of Jun. 2024)


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What is Infinity Logistics And Transport Ventures Financial Strength?

Infinity Logistics And Transport Ventures has the Financial Strength Rank of 5.

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.

Infinity Logistics And Transport Ventures's Interest Coverage for the quarter that ended in Jun. 2024 was 5.04. Infinity Logistics And Transport Ventures's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.42. As of today, Infinity Logistics And Transport Ventures's Altman Z-Score is 1.95.


Competitive Comparison of Infinity Logistics And Transport Ventures's Financial Strength

For the Integrated Freight & Logistics subindustry, Infinity Logistics And Transport Ventures'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.


Infinity Logistics And Transport Ventures's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Infinity Logistics And Transport Ventures's Financial Strength distribution charts can be found below:

* The bar in red indicates where Infinity Logistics And Transport Ventures's Financial Strength falls into.



Infinity Logistics And Transport Ventures 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:

Infinity Logistics And Transport Ventures's Interest Expense for the months ended in Jun. 2024 was HK$-9.6 Mil. Its Operating Income for the months ended in Jun. 2024 was HK$48.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$276.9 Mil.

Infinity Logistics And Transport Ventures's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*48.248/-9.564
=5.04

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

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

Infinity Logistics And Transport Ventures's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(48.777 + 276.895) / 781.296
=0.42

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.

Infinity Logistics And Transport Ventures has a Z-score of 1.95, indicating it is in Grey Zones. This implies that Infinity Logistics And Transport Ventures 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 1.95 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.


Infinity Logistics And Transport Ventures  (HKSE:01442) 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.

Infinity Logistics And Transport Ventures has the Financial Strength Rank of 5.


Infinity Logistics And Transport Ventures Financial Strength Related Terms

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Infinity Logistics And Transport Ventures Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200
Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.
Executives
2926 Holdings Limited 2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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