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Trek 2000 International (SGX:5AB) Financial Strength : 8 (As of Dec. 2024)


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What is Trek 2000 International Financial Strength?

Trek 2000 International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Trek 2000 International Ltd shows strong financial strength.

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.

Trek 2000 International did not have earnings to cover the interest expense. Trek 2000 International's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.01. As of today, Trek 2000 International's Altman Z-Score is 6.24.


Competitive Comparison of Trek 2000 International's Financial Strength

For the Communication Equipment subindustry, Trek 2000 International'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.


Trek 2000 International's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Trek 2000 International's Financial Strength distribution charts can be found below:

* The bar in red indicates where Trek 2000 International's Financial Strength falls into.


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Trek 2000 International 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:

Trek 2000 International's Interest Expense for the months ended in Dec. 2024 was S$-0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was S$-1.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$0.12 Mil.

Trek 2000 International's Interest Coverage for the quarter that ended in Dec. 2024 is

Trek 2000 International did not have earnings to cover the interest expense.

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

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

Trek 2000 International's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.127 + 0.12) / 24.532
=0.01

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.

Trek 2000 International has a Z-score of 6.24, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.24 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.


Trek 2000 International  (SGX:5AB) 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.

Trek 2000 International has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Trek 2000 International Financial Strength Related Terms

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Trek 2000 International Business Description

Traded in Other Exchanges
N/A
Address
30 Loyang Way No. 07-13/14/15, Loyang Industrial Estate, Singapore, SGP, 508769
Trek 2000 International Ltd is an investment holding company and ownership of a portfolio of intellectual property. Its segments include Customised solutions, Interactive consumer solutions, and Renewable Energy Solutions. The company's Interactive Consumer Solutions division is the key revenue generator. Its ICS solutions/products comprise Thumbdrive, Flucard, Security Solutions, and WiFi Memory Modules for embedded devices. It is focused on key markets like China/ Hong Kong and Taiwan, and Singapore, India, Malaysia, and Indonesia is its secondary market.

Trek 2000 International Headlines

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