Binasat Communications Bhd (XKLS:0195) Financial Strength: 0 (As of Jun. 2026)

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What is Binasat Communications Bhd Financial Strength?

Binasat Communications 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.

Binasat Communications Bhd's Interest Coverage for the quarter that ended in Jun. 2026 was 10.93. Binasat Communications Bhd's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.08. As of today, Binasat Communications Bhd's Altman Z-Score is 1.56.


Binasat Communications Bhd  (XKLS:0195) 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.

Binasat Communications Bhd has the Financial Strength Rank of 0.


Binasat Communications Bhd Financial Strength Related Terms


XKLS:0195 vs VZ, TMUS, T: Financial Strength Comparison

For the Telecom Services subindustry, Binasat Communications 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.


Binasat Communications Bhd Financial Strength vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Binasat Communications Bhd's Financial Strength falls into.



Binasat Communications 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:

Binasat Communications Bhd's Interest Expense for the months ended in Jun. 2026 was RM-0.3 Mil. Its Operating Income for the months ended in Jun. 2026 was RM2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was RM6.8 Mil.

Binasat Communications Bhd's Interest Coverage for the quarter that ended in Jun. 2026 is

Interest Coverage=-1*Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*2.94/-0.269
=10.93

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

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

Binasat Communications Bhd's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(7.527 + 6.76) / 173.352
=0.08

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.

Binasat Communications Bhd has a Z-score of 1.56, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.56 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.


Binasat Communications Bhd Business Description

Address Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park Malaysia, Bukit Jalil, Kuala Lumpur, MYS, 57000
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport, and Digital Satellite News Gathering (DSNG) Services. It has segments that are Satellite, mobile, and fiber optic telecommunications networks and power and telecommunication infrastructure works. The company derives almost all of its revenue from Satellite, mobile, and fiber optic telecommunications networks. It operates predominantly in Malaysia.