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Thanh Thanh Cong – Bien Hoa JSC (STC:SBT) Financial Strength : 7 (As of Dec. 2024)


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What is Thanh Thanh Cong – Bien Hoa JSC Financial Strength?

Thanh Thanh Cong – Bien Hoa JSC has the Financial Strength Rank of 7.

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.

Thanh Thanh Cong – Bien Hoa JSC's Interest Coverage for the quarter that ended in Dec. 2024 was 1.05. Thanh Thanh Cong – Bien Hoa JSC's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.56. As of today, Thanh Thanh Cong – Bien Hoa JSC's Altman Z-Score is 1.58.


Competitive Comparison of Thanh Thanh Cong – Bien Hoa JSC's Financial Strength

For the Confectioners subindustry, Thanh Thanh Cong – Bien Hoa JSC'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.


Thanh Thanh Cong – Bien Hoa JSC's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thanh Thanh Cong – Bien Hoa JSC's Financial Strength distribution charts can be found below:

* The bar in red indicates where Thanh Thanh Cong – Bien Hoa JSC's Financial Strength falls into.



Thanh Thanh Cong – Bien Hoa JSC 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:

Thanh Thanh Cong – Bien Hoa JSC's Interest Expense for the months ended in Dec. 2024 was ₫-366,085 Mil. Its Operating Income for the months ended in Dec. 2024 was ₫385,193 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₫4,862,087 Mil.

Thanh Thanh Cong – Bien Hoa JSC'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*385193.476/-366085.289
=1.05

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

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

Thanh Thanh Cong – Bien Hoa JSC'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
=(12138884.54 + 4862086.849) / 30153929.992
=0.56

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.

Thanh Thanh Cong – Bien Hoa JSC has a Z-score of 1.58, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.58 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.


Thanh Thanh Cong – Bien Hoa JSC  (STC:SBT) 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.

Thanh Thanh Cong – Bien Hoa JSC has the Financial Strength Rank of 7.


Thanh Thanh Cong – Bien Hoa JSC Financial Strength Related Terms

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Thanh Thanh Cong – Bien Hoa JSC Business Description

Traded in Other Exchanges
N/A
Address
Tan Hung commune, Tay Ninh Province, Tan Chau, VNM
Thanh Thanh Cong - Bien Hoa JSC is a Vietnamese company engaged in the production and trading sugar and by-products. The company is also involved in producing and trading fertilizers and agricultural materials, construction of industrial park infrastructure, building supermarkets, restaurants, and hotels. It produces commercial electricity and electricity for self-use from bagasse and/or coal.