Seatech Ventures (Seatech Ventures) Financial Strength : 0 (As of Mar. 2024)

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What is Seatech Ventures Financial Strength?

Seatech Ventures has the Financial Strength Rank of 0.

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.

Seatech Ventures has no long-term debt ⁽¹⁾. As of today, Seatech Ventures's Altman Z-Score is -18.07.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Competitive Comparison of Seatech Ventures's Financial Strength

For the Information Technology Services subindustry, Seatech 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.

Seatech Ventures's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, Seatech Ventures's Financial Strength distribution charts can be found below:

* The bar in red indicates where Seatech Ventures's Financial Strength falls into.

Seatech 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:

Seatech Ventures's Interest Expense for the months ended in Mar. 2024 was $0.00 Mil. Its Operating Income for the months ended in Mar. 2024 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.

Seatech Ventures's Interest Coverage for the quarter that ended in Mar. 2024 is

Seatech Ventures had no long-term debt ⁽¹⁾.

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

Good Sign:

Seatech Ventures Corp has no debt.

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

Seatech Ventures'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
	=	(0	+	0)	/	0
	=	N/A

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.

Seatech Ventures has a Z-score of -18.07, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -18.07 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.

Seatech Ventures (OTCPK:SEAV) 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.

Seatech Ventures has the Financial Strength Rank of 0.

Seatech Ventures Financial Strength Related Terms

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Seatech Ventures (Seatech Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seatech Ventures Corp (OTCPK:SEAV) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

11-05 & 11-06, Tower A, Avenue 3, Vertical Business Suite, Jalan Kerinchi, Bangsar South, Kuala Lumpur, MYS, 59200

Website

https://www.seatech-ventures.com

Seatech Ventures Corp is engaged in the business of providing business mentoring services, nurturing and incubation services relating to client businesses and corporate development advisory services to entrepreneurs in the broader technology industry, but with a specific focus on the information and communication technology industry. The services of the company are designed to assist tech-based entrepreneurs in solving ICT industry pain points caused by technical insufficiencies, inappropriate financial modelling and weak strategic positioning.