What is Smile-Link Healthcare Global Bhd Financial Strength?
Smile-Link Healthcare Global 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:
Smile-Link Healthcare Global 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 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.
Smile-Link Healthcare Global Bhd did not have earnings to cover the interest expense.
Smile-Link Healthcare Global Bhd's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.40.
As of today, Smile-Link Healthcare Global Bhd's Altman Z-Score is 1.90.
Competitive Comparison of Smile-Link Healthcare Global Bhd's Financial Strength
For the Medical Care Facilities subindustry, Smile-Link Healthcare Global 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.
Smile-Link Healthcare Global Bhd's Financial Strength Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Smile-Link Healthcare Global Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Smile-Link Healthcare Global Bhd's Financial Strength falls into.
Smile-Link Healthcare Global 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.
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:
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.
Smile-Link Healthcare Global Bhd has a Z-score of 1.90, indicating it is in Grey Zones. This implies that Smile-Link Healthcare Global 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 1.9 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.
Smile-Link Healthcare Global Bhd (XKLS:03023) 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.
Smile-Link Healthcare Global 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.
Smile-Link Healthcare Global Bhd Financial Strength Related Terms
Thank you for viewing the detailed overview of Smile-Link Healthcare Global Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Smile-Link Healthcare Global Bhd Business Description
Smile-Link Healthcare Global Bhd through its subsidiaries, is engaged in providing dental healthcare services in Malaysia. Its reportable operating segments are; Provision of dental services which derives maximum revenue, Trading and distribution of dental and pharmaceutical products, Others, comprising dental labs and manufacturing of dental instruments, and Investment holding.
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