GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Keck Seng (Malaysia) Bhd (XKLS:3476) » Definitions » Financial Strength

Keck Seng (Malaysia) Bhd (XKLS:3476) Financial Strength : 9 (As of Dec. 2023)


View and export this data going back to 1977. Start your Free Trial

What is Keck Seng (Malaysia) Bhd Financial Strength?

Keck Seng (Malaysia) Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Keck Seng (Malaysia) Bhd shows strong financial strength.

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.

Keck Seng (Malaysia) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 27.54. Keck Seng (Malaysia) Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.06. As of today, Keck Seng (Malaysia) Bhd's Altman Z-Score is 7.63.


Competitive Comparison of Keck Seng (Malaysia) Bhd's Financial Strength

For the Farm Products subindustry, Keck Seng (Malaysia) 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.


Keck Seng (Malaysia) Bhd's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Keck Seng (Malaysia) Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Keck Seng (Malaysia) Bhd's Financial Strength falls into.



Keck Seng (Malaysia) 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:

Keck Seng (Malaysia) Bhd's Interest Expense for the months ended in Dec. 2023 was RM-1 Mil. Its Operating Income for the months ended in Dec. 2023 was RM41 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM68 Mil.

Keck Seng (Malaysia) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*40.98/-1.488
=27.54

The higher the ratio, the stronger the company's financial strength is.

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

Keck Seng (Malaysia) Bhd's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(15.555 + 67.913) / 1378.288
=0.06

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.

Keck Seng (Malaysia) Bhd has a Z-score of 7.63, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.63 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.


Keck Seng (Malaysia) Bhd  (XKLS:3476) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Keck Seng (Malaysia) Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Keck Seng (Malaysia) Bhd Financial Strength Related Terms

Thank you for viewing the detailed overview of Keck Seng (Malaysia) Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Keck Seng (Malaysia) Bhd (XKLS:3476) Business Description

Traded in Other Exchanges
N/A
Address
13th Floor, City Plaza, Suite 1301, Johor Bahru, JHR, MYS, 80300
Keck Seng (Malaysia) Bhd is a Malaysia based company engaged in the business of palm oil cultivation and manufacturing. In addition, it is also involved in the business activities of property development and investment, and hotels and resorts ownership. The operating segments of the company are Manufacturing, Hotels and resort, Property, and Plantations. It generates the majority of the revenue from the Manufacturing segment which relates to the processing and marketing of refined palm oil products. The group's operations are carried out principally in Malaysia, Singapore, Hong Kong, Canada, and the United States of America of which key revenue is derived from Malaysia.

Keck Seng (Malaysia) Bhd (XKLS:3476) Headlines

No Headlines