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Widad Group Bhd (XKLS:0162) Financial Strength : 0 (As of Dec. 2024)


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What is Widad Group Bhd Financial Strength?

Widad Group Bhd 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.

Widad Group Bhd did not have earnings to cover the interest expense. Widad Group Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 1.76. As of today, Widad Group Bhd's Altman Z-Score is 0.85.


Competitive Comparison of Widad Group Bhd's Financial Strength

For the Engineering & Construction subindustry, Widad Group 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.


Widad Group Bhd's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Widad Group Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Widad Group Bhd's Financial Strength falls into.


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Widad Group 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:

Widad Group Bhd's Interest Expense for the months ended in Dec. 2024 was RM-6.5 Mil. Its Operating Income for the months ended in Dec. 2024 was RM-2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM329.1 Mil.

Widad Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is

Widad Group Bhd 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.

Widad Group Bhd'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
=(94.2 + 329.132) / 240.34
=1.76

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.

Widad Group Bhd has a Z-score of 0.85, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.85 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.


Widad Group Bhd  (XKLS:0162) 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.

Widad Group Bhd has the Financial Strength Rank of 0.


Widad Group Bhd Financial Strength Related Terms

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


Widad Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jalan Semantan, Damansara Heights, WBG Penthouse, Kuala Lumpur, MYS, 50490
Widad Group Bhd is a Malaysia-based investment holding company. The company is organized into three business units. Integrated facility management includes scheduled maintenance, ad-hoc maintenance, upgrading, and renovation to ensure optimum effectiveness and efficiency and cater to its customer's requirements and preferences, which also is the majority revenue generating segment. The constructions segment includes infrastructure and civil works such as the construction of low and high-rise buildings for a variety of uses, and sewerage treatment plants. The concession segment comprises operations related to the construction and maintenance of facilities and infrastructure.

Widad Group Bhd Headlines

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