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Aspial (SGX:A30) Financial Strength : 0 (As of Dec. 2024)


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What is Aspial Financial Strength?

Aspial has the Financial Strength Rank of 0.

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.

Aspial's Interest Coverage for the quarter that ended in Dec. 2024 was 1.28. Aspial's debt to revenue ratio for the quarter that ended in Dec. 2024 was 1.51. As of today, Aspial's Altman Z-Score is 0.83.


Competitive Comparison of Aspial's Financial Strength

For the Real Estate Services subindustry, Aspial'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.


Aspial's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspial's Financial Strength distribution charts can be found below:

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


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Aspial 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:

Aspial's Interest Expense for the months ended in Dec. 2024 was S$-25.8 Mil. Its Operating Income for the months ended in Dec. 2024 was S$33.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$317.9 Mil.

Aspial's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*33.068/-25.819
=1.28

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Aspial Corp Ltd interest coverage is 1.18, which is low.

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

Aspial'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
=(833.541 + 317.928) / 764.95
=1.51

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.

Aspial has a Z-score of 0.83, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.83 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.


Aspial  (SGX:A30) 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.

Aspial has the Financial Strength Rank of 0.


Aspial Financial Strength Related Terms

Thank you for viewing the detailed overview of Aspial's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspial Business Description

Traded in Other Exchanges
N/A
Address
55 Ubi Avenue 3, No. 01-01, Aspial One, Singapore, SGP, 408864
Aspial Corp Ltd is an investment holding company. It manages a wide spectrum of businesses, which includes jewelry retail, property development, and financial services. The group is organized into three main operating business segments, namely: Financial Services and Secured Lending; Real Estate; and Retail. Its other operations include the rental of properties and the provision of other support services. The majority of its revenue is derived from the Financial Service Business segment. Geographically the company receives maximum revenue from Singapore.

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