What is Kobay Technology Bhd Financial Strength?
Kobay Technology Bhd has the Financial Strength Rank of 5.
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.
Kobay Technology Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 2.86.
Kobay Technology Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.38.
As of today, Kobay Technology Bhd's Altman Z-Score is 2.66.
Competitive Comparison of Kobay Technology Bhd's Financial Strength
For the Metal Fabrication subindustry, Kobay Technology 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.
Kobay Technology Bhd's Financial Strength Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kobay Technology Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kobay Technology Bhd's Financial Strength falls into.
Kobay Technology 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:
Kobay Technology Bhd's Interest Expense for the
months ended in Dec. 2024 was RM-1.3 Mil. Its Operating Income for the
months ended in Dec. 2024 was RM3.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM33.8 Mil.
Kobay Technology Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Kobay Technology Bhd's Debt to Revenue Ratio for the quarter that ended in Dec. 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.
Kobay Technology Bhd has a Z-score of 2.66, indicating it is in Grey Zones. This implies that Kobay Technology 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 2.66 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.
Kobay Technology Bhd Business Description
Traded in Other Exchanges
N/A
Address
No. 42-B Jalan Rangoon, 3rd Floor, Wisma Kobay, Georgetown, PNG, MYS, 10400
Kobay Technology Bhd is an investment holding company. Along with its subsidiaries, the company operates in the following segments; Manufacturing, Property development, Pharmaceutical and healthcare, Asset Management, Investment holding, and Others. It generates maximum revenue from the Manufacturing segment which is engaged in the manufacturing of precision machined components, precision stamping, sheet metal parts, surface treatment, precision moulds, tooling and form dies, semiconductor assembly and testing equipment, metal works and structures, modules and parts for oil and gas production and extraction equipment, and components and sub-assemblies for aerospace parts. Geographically, it derives key revenue from Malaysia and the rest from Singapore, the USA, and other regions.
Kobay Technology Bhd Headlines
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