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Superlon Holdings Bhd (XKLS:7235) Financial Strength : 7 (As of Jan. 2024)


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What is Superlon Holdings Bhd Financial Strength?

Superlon Holdings Bhd has the Financial Strength Rank of 7.

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.

Superlon Holdings Bhd's Interest Coverage for the quarter that ended in Jan. 2024 was 9.37. Superlon Holdings Bhd's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.26. As of today, Superlon Holdings Bhd's Altman Z-Score is 4.10.


Competitive Comparison of Superlon Holdings Bhd's Financial Strength

For the Building Products & Equipment subindustry, Superlon 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.


Superlon Holdings Bhd's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Superlon Holdings Bhd's Financial Strength distribution charts can be found below:

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



Superlon 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:

Superlon Holdings Bhd's Interest Expense for the months ended in Jan. 2024 was RM-0.4 Mil. Its Operating Income for the months ended in Jan. 2024 was RM3.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM25.4 Mil.

Superlon Holdings Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is

Interest Coverage=-1*Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*3.915/-0.418
=9.37

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

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

Superlon Holdings Bhd's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jan. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(6.865 + 25.372) / 121.78
=0.26

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.

Superlon Holdings Bhd has a Z-score of 4.10, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.1 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.


Superlon Holdings Bhd  (XKLS:7235) 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.

Superlon Holdings Bhd has the Financial Strength Rank of 7.


Superlon Holdings Bhd Financial Strength Related Terms

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Superlon Holdings Bhd (XKLS:7235) Business Description

Traded in Other Exchanges
N/A
Address
Lot 2567, Jalan Sungai Jati, Klang, MYS, 41200
Superlon Holdings Bhd is principally engaged in the business of investment holding and provision of management services. The group comprises the following business segments: Insulation Materials segment, which manufactures thermal insulation materials mainly for the heating, ventilation, air-conditioning, and refrigeration (HVAC&R) industry; HVAC&R Parts and Equipment engaged in trading of HVAC&R parts and equipment and Investment holdings. Geographically, it derives a majority of its revenue from Asia (excluding Malaysia) and Oceania and also has a presence in Africa, America, and Europe.

Superlon Holdings Bhd (XKLS:7235) Headlines

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