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Sungei Bagan Rubber Co (Malaya) Bhd (XKLS:2569) Financial Strength : 10 (As of Dec. 2024)


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What is Sungei Bagan Rubber Co (Malaya) Bhd Financial Strength?

Sungei Bagan Rubber Co (Malaya) Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Sungei Bagan Rubber Co (Malaya) 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.

Sungei Bagan Rubber Co (Malaya) Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 79.74. Sungei Bagan Rubber Co (Malaya) Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.07. As of today, Sungei Bagan Rubber Co (Malaya) Bhd's Altman Z-Score is 14.41.


Competitive Comparison of Sungei Bagan Rubber Co (Malaya) Bhd's Financial Strength

For the Farm Products subindustry, Sungei Bagan Rubber Co (Malaya) 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.


Sungei Bagan Rubber Co (Malaya) Bhd's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sungei Bagan Rubber Co (Malaya) Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Sungei Bagan Rubber Co (Malaya) Bhd's Financial Strength falls into.


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Sungei Bagan Rubber Co (Malaya) 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:

Sungei Bagan Rubber Co (Malaya) Bhd's Interest Expense for the months ended in Dec. 2024 was RM-0.03 Mil. Its Operating Income for the months ended in Dec. 2024 was RM2.47 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM2.43 Mil.

Sungei Bagan Rubber Co (Malaya) 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*2.472/-0.031
=79.74

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. Sungei Bagan Rubber Co (Malaya) Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

Sungei Bagan Rubber Co (Malaya) 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
=(0.13 + 2.425) / 34.712
=0.07

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.

Sungei Bagan Rubber Co (Malaya) Bhd has a Z-score of 14.41, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 14.41 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.


Sungei Bagan Rubber Co (Malaya) Bhd  (XKLS:2569) 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.

Sungei Bagan Rubber Co (Malaya) Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Sungei Bagan Rubber Co (Malaya) Bhd Financial Strength Related Terms

Thank you for viewing the detailed overview of Sungei Bagan Rubber Co (Malaya) Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Sungei Bagan Rubber Co (Malaya) Bhd Business Description

Traded in Other Exchanges
N/A
Address
Sungei Bagan Estate, Pos Office Machang, Machang, KTN, MYS, 18500
Sungei Bagan Rubber Co (Malaya) Bhd is engaged in the plantation, cultivation, and sale of fresh oil palm fruit bunches. It also holds long-term portfolio investments in securities. The company operates through two segments: Plantation and Investments. The Plantation segment cultivates oil palm. The Investments segment invests in securities, deposits with banks, and investment properties. It derives a majority of its revenues from the Plantation segment. Geographically, it derives maximum revenue from Malaysia and also has exposure to other countries like Singapore, Hong Kong, the United Kingdom, Cayman Islands, and Australia, through its investments.

Sungei Bagan Rubber Co (Malaya) Bhd Headlines

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