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CB Industrial Product Holding Bhd (XKLS:7076) Financial Strength : 5 (As of Dec. 2024)


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What is CB Industrial Product Holding Bhd Financial Strength?

CB Industrial Product Holding 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.

CB Industrial Product Holding Bhd did not have earnings to cover the interest expense. CB Industrial Product Holding Bhd's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.18. As of today, CB Industrial Product Holding Bhd's Altman Z-Score is 1.66.


Competitive Comparison of CB Industrial Product Holding Bhd's Financial Strength

For the Specialty Industrial Machinery subindustry, CB Industrial Product Holding 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.


CB Industrial Product Holding Bhd's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CB Industrial Product Holding Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where CB Industrial Product Holding Bhd's Financial Strength falls into.


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CB Industrial Product Holding 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:

CB Industrial Product Holding Bhd's Interest Expense for the months ended in Dec. 2024 was RM-3.6 Mil. Its Operating Income for the months ended in Dec. 2024 was RM-44.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was RM81.7 Mil.

CB Industrial Product Holding Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is

CB Industrial Product Holding Bhd did not have earnings to cover the interest expense.

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

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

CB Industrial Product Holding 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
=(69.848 + 81.745) / 863.972
=0.18

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.

CB Industrial Product Holding Bhd has a Z-score of 1.66, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.66 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


CB Industrial Product Holding Bhd  (XKLS:7076) 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.

CB Industrial Product Holding Bhd has the Financial Strength Rank of 5.


CB Industrial Product Holding Bhd Financial Strength Related Terms

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CB Industrial Product Holding Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Astaka U8/83, Section 8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
CB Industrial Product Holding Bhd is an investment holding company. It operates in five segments: Plantation & milling, which is into cultivation of oil palm and production of crude palm oil and palm kernel; Equipment and engineering segment manufactures palm oil equipment and related products, commissioning and contracting works for palm oil mills and trading of palm oil mill processing equipment; Refinery segment is into trading and processing of crude palm oil and related products; Special purpose vehicles; and Investing. The company's geographical segments into Malaysia, Indonesia, Papua New Guinea, Central America, Africa, Liberia, Singapore, and Others. Majority of revenue is generated from the refinery segment.

CB Industrial Product Holding Bhd Headlines

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