What is Country View Bhd Financial Strength?
Country View 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:
Country View 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 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.
Country View Bhd's Interest Coverage for the quarter that ended in Feb. 2024 was 3.55.
Country View Bhd's debt to revenue ratio for the quarter that ended in Feb. 2024 was 1.17.
As of today, Country View Bhd's Altman Z-Score is 2.09.
Competitive Comparison of Country View Bhd's Financial Strength
For the Real Estate - Development subindustry, Country View 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.
Country View Bhd's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Country View Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Country View Bhd's Financial Strength falls into.
Country View 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:
Country View Bhd's Interest Expense for the
months ended in Feb. 2024 was RM-1.7 Mil. Its Operating Income for the
months ended in Feb. 2024 was RM6.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM113.6 Mil.
Country View Bhd's Interest Coverage for the quarter that ended in Feb. 2024 is
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Country View Bhd interest coverage is 2.96, which is low.
2. Debt to revenue ratio. The lower, the better.
Country View Bhd's Debt to Revenue Ratio for the quarter that ended in Feb. 2024 is
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.
Country View Bhd has a Z-score of 2.09, indicating it is in Grey Zones. This implies that Country View 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 2.09 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.
Country View Bhd (XKLS:5049) Business Description
Traded in Other Exchanges
N/A
Address
No. 12, Jalan Ngee Heng, Mail Box 261, Menara Landmark, Unit 26-01, Level 26, Johor Bahru, JHR, MYS, 80000
Country View Bhd is a company that operates in the real estate sector. The business activity of the group is operated in two segments: through property development and investment holding segments. The Property development segment develops residential and commercial properties, whereas the investment holding segment invests in subsidiaries and associates which are long-term in nature. The project portfolio of the group includes projects such as Taman Universiti, Taman Nusa Indah, Taman Nusa Bestari Jaya, and Resident at Peak. Geographically all the activities are performed through the region of Malaysia.
Country View Bhd (XKLS:5049) Headlines
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