What is Kuchai Development Bhd Financial Strength?
Kuchai Development Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Kuchai Development 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.
Kuchai Development Bhd has no long-term debt (1).
Kuchai Development Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.00.
As of today, Kuchai Development Bhd's Altman Z-Score is -3.45.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Kuchai Development Bhd's Financial Strength
For the Asset Management subindustry, Kuchai Development 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.
Kuchai Development Bhd's Financial Strength Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Kuchai Development Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kuchai Development Bhd's Financial Strength falls into.
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.
Kuchai Development Bhd has a Z-score of -3.45, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -3.45 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.
Kuchai Development Bhd (XKLS:2186) 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.
Kuchai Development Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Kuchai Development Bhd Financial Strength Related Terms
Thank you for viewing the detailed overview of Kuchai Development Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Kuchai Development Bhd is a Malaysia-based company that is principally engaged in investment holdings and rental of property. Its investment holdings consist of holdings in domestic and foreign listed equity securities, investment funds, and selected physical commodities. The properties of the company include eight acres of land in Malaysia and a shop-house at Emerald Hill Road, Singapore. It generates revenue in the form of dividend income, rental income, and interest income. Geographically, the derives maximum revenue from its investments in Singapore and the rest from Malaysia.
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