What is K-One Technology Bhd Financial Strength?
K-One Technology Bhd 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.
GuruFocus does not calculate K-One Technology Bhd's interest coverage with the available data.
K-One Technology Bhd's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.00.
As of today, K-One Technology Bhd's Altman Z-Score is 2.49.
Competitive Comparison of K-One Technology Bhd's Financial Strength
For the Electronic Components subindustry, K-One Technology 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.
K-One Technology Bhd's Financial Strength Distribution in the Hardware Industry
For the Hardware industry and Technology sector, K-One Technology Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where K-One Technology Bhd's Financial Strength falls into.
K-One Technology 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:
K-One Technology Bhd's Interest Expense for the
months ended in Sep. 2024 was RM0.0 Mil. Its Operating Income for the
months ended in Sep. 2024 was RM-1.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM0.3 Mil.
K-One Technology Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. K-One Technology Bhd has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
K-One Technology Bhd's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is
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.
K-One Technology Bhd has a Z-score of 2.49, indicating it is in Grey Zones. This implies that K-One Technology Bhd is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.49 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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.
K-One Technology Bhd Business Description
Traded in Other Exchanges
N/A
Address
66 & 68, Jalan SS 22/21, Damansara Jaya, Petaling Jaya, SGR, MYS, 47400
K-One Technology Bhd engages in the research, design, and development of electronic end-products and sub-systems for the communication, computer, and consumer electronics industries. It operates in four segments. The research, Design, Development, and Sales segment involves electronic end products and subsystems for the communication, computer, and consumer electronics industries and service sales. The Manufacturing segment which contributes major revenue offers electronic end products, sub-systems, and electronic-related accessories. The Cloud computing segment engages in the provision of cloud technology comprising infrastructure as a service (IAAS), platform as a service (PAAS), cloud design, and management services. Investment holding includes Investment holding and dormant companies.
K-One Technology Bhd Headlines
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