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TT Vision Holdings Bhd (XKLS:0272) Financial Strength : 9 (As of Dec. 2024)


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What is TT Vision Holdings Bhd Financial Strength?

TT Vision Holdings Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

TT Vision Holdings Bhd shows strong financial strength.

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.

TT Vision Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 2,877.50. TT Vision Holdings Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.12. As of today, TT Vision Holdings Bhd's Altman Z-Score is 8.63.


Competitive Comparison of TT Vision Holdings Bhd's Financial Strength

For the Semiconductor Equipment & Materials subindustry, TT Vision Holdings 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.


TT Vision Holdings Bhd's Financial Strength Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, TT Vision Holdings Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where TT Vision Holdings Bhd's Financial Strength falls into.


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TT Vision Holdings 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:

TT Vision Holdings Bhd's Interest Expense for the months ended in Dec. 2024 was RM-0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was RM5.76 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM6.71 Mil.

TT Vision Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*5.755/-0.002
=2,877.50

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. TT Vision Holdings Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

TT Vision Holdings 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
=(0 + 6.708) / 57.128
=0.12

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.

TT Vision Holdings Bhd has a Z-score of 8.63, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 8.63 is strong.

* 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.


TT Vision Holdings Bhd  (XKLS:0272) 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.

TT Vision Holdings Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


TT Vision Holdings Bhd Financial Strength Related Terms

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TT Vision Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Plot 106, Hilir Sungai Keluang 5, Phase 4, Bayan Lepas Industrial Zone, Bayan Lepas, George Town, PNG, MYS, 11900
TT Vision Holdings Bhd is a technology-driven company specialising in the development of automated machine vision solutions. It is a manufacturer of machine vision equipment used for the inspection of optoelectronics (mainly LEDs), solar cells, discrete components, and ICs (chips) as well as vision-guided robotics. The machine vision equipment also incorporates additional functions such as reject handling, testing, and sorting depending on the customer's requirement. The company's business activities typically entail equipment design, software development, manufacture, assembly, and installation of equipment or modules. Geographically, the company generates a majority of its revenue from China and Malaysia followed by Philippines, Korea, Germany, United States, and other regions.

TT Vision Holdings Bhd Headlines

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