TAS Offshore Bhd (XKLS:5149) Financial Strength: 8 (As of May. 2026) — 60% Above Median

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XKLS:5149 TAS Offshore Bhd XKLS:5149
59 GF Score
Price RM0.44
GF Value RM0.88
Valuation Significantly Undervalued
! 2 Warning Signs
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What is TAS Offshore Bhd Financial Strength?

TAS Offshore Bhd XKLS:5149 59 Financial Strength is 8 as of May. 2026, which is 60% above its 10-year median of 5.00. GuruFocus rates XKLS:5149 with a GF Score™ of 59/100 and a GF Value™ of RM0.88 (Significantly Undervalued). The stock has 2 warning signs investors should review.

TAS Offshore Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

TAS Offshore 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.

TAS Offshore Bhd's Interest Coverage for the quarter that ended in May. 2026 was 47.59. TAS Offshore Bhd's debt to revenue ratio for the quarter that ended in May. 2026 was 0.05. As of today, TAS Offshore Bhd's Altman Z-Score is 2.96.


TAS Offshore Bhd  (XKLS:5149) 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.

TAS Offshore Bhd has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


TAS Offshore Bhd Financial Strength Related Terms


XKLS:5149 vs SPCX, GE, RTX: Financial Strength Comparison

For the Aerospace & Defense subindustry, TAS Offshore 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.


TAS Offshore Bhd Financial Strength vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAS Offshore Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where TAS Offshore Bhd's Financial Strength falls into.


XKLS:5149
59GF Score
TAS Offshore Bhd XKLS:5149
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TAS Offshore 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:

TAS Offshore Bhd's Interest Expense for the months ended in May. 2026 was RM0.0 Mil. Its Operating Income for the months ended in May. 2026 was RM3.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was RM4.5 Mil.

TAS Offshore Bhd's Interest Coverage for the quarter that ended in May. 2026 is

GuruFocus does not calculate TAS Offshore Bhd's interest coverage with the available data.

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. TAS Offshore Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

TAS Offshore Bhd's Debt to Revenue Ratio for the quarter that ended in May. 2026 is

Debt to Revenue Ratio=Total Debt (Q: May. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1.75 + 4.498) / 118.016
=0.05

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.

TAS Offshore Bhd has a Z-score of 2.96, indicating it is in Grey Zones. This implies that TAS Offshore 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 2.96 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 8 mean?
TAS Offshore Bhd (XKLS:5149) has a Financial Strength of 8 as of May. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on TAS Offshore Bhd and its competitors. This is 60% above median its historical median of 5.00. Over the past decade, TAS Offshore Bhd's Financial Strength has ranged from 1.00 to 9.00.
Is TAS Offshore Bhd's Financial Strength too high?
TAS Offshore Bhd's current Financial Strength of 8 is 60% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 9.00. Overall, TAS Offshore Bhd has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TAS Offshore Bhd's Financial Strength compare to SPCX and GE?
TAS Offshore Bhd's Financial Strength of 8 can be compared against companies in the Aerospace & Defense industry. Historically, TAS Offshore Bhd's own Financial Strength has ranged from 1.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Aerospace & Defense company?
A good Financial Strength depends on the Aerospace & Defense industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on TAS Offshore Bhd and its competitors. TAS Offshore Bhd's current Financial Strength is 8, which is 60% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAS Offshore Bhd stock overvalued right now?
Based on GuruFocus' analysis, TAS Offshore Bhd (XKLS:5149) is currently considered Significantly Undervalued. The stock's GF Value™ is RM0.88, compared to a current price of RM0.44 — trading 50% below its estimated fair value. The current Financial Strength is 8, which is 60% above median its 10-year median of 5.00. TAS Offshore Bhd's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For TAS Offshore Bhd (XKLS:5149), the current Financial Strength is 8 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TAS Offshore Bhd (XKLS:5149) Overvalued in 2026?

Based on GuruFocus' analysis, TAS Offshore Bhd stock appears to be undervalued. The current stock price of RM0.44 is trading 50% below its estimated GF Value™ of RM0.88. GuruFocus considers TAS Offshore Bhd to be Significantly Undervalued.

Key valuation signals for XKLS:5149:

  • Financial Strength: 8 (60% above median its 10-year median of 5.00)
  • GF Value™: RM0.88 vs. price of RM0.44 (50% below fair value)
  • GF Score™: 59/100 with 2 warning signs

No single metric tells the full story. See the XKLS:5149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TAS Offshore Bhd Business Description

Address Lot 199, Sungai Maaw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is a Malaysian investment holding company whose subsidiaries build, repair, and charter vessels for the marine and offshore oil and gas industries. Its shipbuilding operations construct tugboats, anchor handling tugs and tug supply vessels, utility vessels, workboats, ferries, and cargo ships at yards in Malaysia, serving domestic and regional customers. The company also provides ship repair and maintenance services, including routine servicing, machinery inspection, repainting, and damage repair, and offers vessel chartering that generates recurring income from leasing its fleet. Revenue comes from shipbuilding contracts, repair and maintenance projects, and vessel charter hire. Its principal markets are Malaysia, Singapore, and Indonesia, with customers drawn from marine transportation, offshore support, and related industries. The company is listed on the Main Market of Bursa Malaysia.
59GF Score

Get the complete analysis for XKLS:5149

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.44
Price
RM0.88
GF Value