GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Rhone Ma Holdings Bhd (XKLS:5278) » Definitions » Financial Strength

Rhone Ma Holdings Bhd (XKLS:5278) Financial Strength : 8 (As of Dec. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Rhone Ma Holdings Bhd Financial Strength?

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

Good Sign:

Rhone Ma Holdings 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.

Rhone Ma Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 41.60. Rhone Ma Holdings Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.12. As of today, Rhone Ma Holdings Bhd's Altman Z-Score is 4.25.


Competitive Comparison of Rhone Ma Holdings Bhd's Financial Strength

For the Drug Manufacturers - Specialty & Generic subindustry, Rhone Ma Holdings 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.


Rhone Ma Holdings Bhd's Financial Strength Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Rhone Ma Holdings Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Rhone Ma Holdings Bhd's Financial Strength falls into.


;
;

Rhone Ma Holdings 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:

Rhone Ma Holdings Bhd's Interest Expense for the months ended in Dec. 2024 was RM-0.1 Mil. Its Operating Income for the months ended in Dec. 2024 was RM5.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM19.5 Mil.

Rhone Ma Holdings 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*5.366/-0.129
=41.60

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

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

Rhone Ma Holdings 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
=(4.555 + 19.489) / 207.604
=0.12

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.

Rhone Ma Holdings Bhd has a Z-score of 4.25, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.25 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.


Rhone Ma Holdings Bhd  (XKLS:5278) 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.

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


Rhone Ma Holdings Bhd Financial Strength Related Terms

Thank you for viewing the detailed overview of Rhone Ma Holdings Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Rhone Ma Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 18A & 18B, Jalan 241, Seksyen 51A, Petaling Jaya, SGR, MYS, 46100
Rhone Ma Holdings Bhd is an investment holding company and are engaged in the provision of management services. It operates through its subsidiaries so it offers animal health services as well as the manufacturing and distribution of animal health products. The operating segments of the group are Animal health products and equipment , Food ingredients, and Others. Animal health products and equipment segment includes marketing, trading, distribution and manufacturing of animal health products and undertaking research and development activities related to animal health, food safety and agriculture in animal health products. The animal health products offered include vaccines, pharmaceuticals, and feed additives. It is also involved in the distribution and supply of food ingredients.

Rhone Ma Holdings Bhd Headlines

No Headlines