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United U-Li Bhd (XKLS:7133) Financial Strength : 9 (As of Sep. 2024)


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What is United U-Li Bhd Financial Strength?

United U-Li Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

United U-Li Corp Bhd shows strong financial strength.

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.

United U-Li Bhd's Interest Coverage for the quarter that ended in Sep. 2024 was 30.71. United U-Li Bhd's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.14. As of today, United U-Li Bhd's Altman Z-Score is 6.46.


Competitive Comparison of United U-Li Bhd's Financial Strength

For the Building Products & Equipment subindustry, United U-Li 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.


United U-Li Bhd's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, United U-Li Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where United U-Li Bhd's Financial Strength falls into.



United U-Li 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:

United U-Li Bhd's Interest Expense for the months ended in Sep. 2024 was RM-0.3 Mil. Its Operating Income for the months ended in Sep. 2024 was RM8.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM0.8 Mil.

United U-Li Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is

Interest Coverage=-1*Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*8.384/-0.273
=30.71

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

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

United U-Li Bhd's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(32.236 + 0.814) / 243.76
=0.14

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.

United U-Li Bhd has a Z-score of 6.46, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.46 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.


United U-Li Bhd  (XKLS:7133) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

United U-Li Bhd has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


United U-Li Bhd Financial Strength Related Terms

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United U-Li Bhd Business Description

Traded in Other Exchanges
N/A
Address
33, Jalan Kartunis U1/47, Temasya Industrial Park, Seksyen U1, Shah Alam, SGR, MYS, 40150
United U-Li Corp Bhd is an investment holding company which is involved in the Manufacturing and trading of cable support systems, cable management systems, integrated ceiling systems, building materials and light fittings. The company's operating segments are Cable Support Systems, Electrical Lighting and Fittings and Investment holding. It generates the majority of its revenue from Cable Support Systems segment. Geographically, the majority of its revenue from Malaysia.

United U-Li Bhd Headlines

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