What is Gagasan Nadi Cergas Bhd Financial Strength?
Gagasan Nadi Cergas Bhd has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Gagasan Nadi Cergas Bhd displays poor financial strength. Usually, this is caused by too much debt for the company.
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.
Gagasan Nadi Cergas Bhd did not have earnings to cover the interest expense.
Gagasan Nadi Cergas Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.47.
As of today, Gagasan Nadi Cergas Bhd's Altman Z-Score is 1.41.
Competitive Comparison of Gagasan Nadi Cergas Bhd's Financial Strength
For the Real Estate - Development subindustry, Gagasan Nadi Cergas 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.
Gagasan Nadi Cergas Bhd's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Gagasan Nadi Cergas Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Gagasan Nadi Cergas Bhd's Financial Strength falls into.
Gagasan Nadi Cergas 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:
Gagasan Nadi Cergas Bhd's Interest Expense for the
months ended in Dec. 2023 was RM-3.0 Mil. Its Operating Income for the
months ended in Dec. 2023 was RM-22.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM158.7 Mil.
Gagasan Nadi Cergas Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is
| Gagasan Nadi Cergas Bhd did not have earnings to cover the interest expense. |
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Gagasan Nadi Cergas Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
2. Debt to revenue ratio. The lower, the better.
Gagasan Nadi Cergas Bhd's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 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.
Gagasan Nadi Cergas Bhd has a Z-score of 1.41, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 1.41 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.
Gagasan Nadi Cergas Bhd (XKLS:0206) Business Description
Traded in Other Exchanges
N/A
Address
F-1 No. 8 Suria, 33, Jalan PJU 1/42, Petaling Jaya, SGR, MYS, 47301
Gagasan Nadi Cergas Bhd is engaged in the construction of non-residential and residential buildings. Its segments include the Construction segment; Concession and facility management segment; Utility segment; Property development segment; and Other segment. The majority of the firm's revenue comes from the Construction segment. The Construction segment is involved in the provision of conceptual design and advisory, design development, liaison with relevant authorities for approvals, and the provision of complete services including design, coordination and obtaining authorities approvals and underwriting complete cost and financing. Geographically, the Group operates in Malaysia.
Gagasan Nadi Cergas Bhd (XKLS:0206) Headlines
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