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AT Systematization Bhd (XKLS:0072) Financial Strength : 5 (As of Dec. 2023)


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What is AT Systematization Bhd Financial Strength?

AT Systematization Bhd 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.

AT Systematization Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 4.79. AT Systematization Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.37. As of today, AT Systematization Bhd's Altman Z-Score is -1.31.


Competitive Comparison of AT Systematization Bhd's Financial Strength

For the Specialty Industrial Machinery subindustry, AT Systematization Bhd'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.


AT Systematization Bhd's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AT Systematization Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where AT Systematization Bhd's Financial Strength falls into.



AT Systematization Bhd 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:

AT Systematization Bhd's Interest Expense for the months ended in Dec. 2023 was RM-0.19 Mil. Its Operating Income for the months ended in Dec. 2023 was RM0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM8.07 Mil.

AT Systematization Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*0.906/-0.189
=4.79

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

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

AT Systematization Bhd's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.053 + 8.067) / 32.816
=0.37

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.

AT Systematization Bhd has a Z-score of -1.31, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -1.31 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.


AT Systematization Bhd  (XKLS:0072) 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.

AT Systematization Bhd has the Financial Strength Rank of 5.


AT Systematization Bhd Financial Strength Related Terms

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AT Systematization Bhd (XKLS:0072) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 11.2, Level 11, Menara Lien Hoe, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
AT Systematization Bhd is an investment holding and provision of a management service company. Its operating segment includes Fabrication and automation; Renewable energy and property, Gloves, and Others. It generates maximum revenue from Fabrication and Automation which is involved the Fabrication of industrial and engineering parts and sheet metal; design and manufacturing of industrial automation systems and machinery. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Singapore, the United Kingdom, Thailand, the USA, and Other Countries.

AT Systematization Bhd (XKLS:0072) Headlines

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