What is Signature International Bhd Financial Strength?
Signature International Bhd has the Financial Strength Rank of 4.
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.
Signature International Bhd's Interest Coverage for the quarter that ended in Sep. 2023 was 6.03.
Signature International Bhd's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.46.
As of today, Signature International Bhd's Altman Z-Score is 2.20.
Competitive Comparison of Signature International Bhd's Financial Strength
For the Furnishings, Fixtures & Appliances subindustry, Signature International 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.
Signature International Bhd's Financial Strength Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Signature International Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Signature International Bhd's Financial Strength falls into.
Signature International 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:
Signature International Bhd's Interest Expense for the
months ended in Sep. 2023 was RM-5.3 Mil. Its Operating Income for the
months ended in Sep. 2023 was RM32.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was RM211.1 Mil.
Signature International Bhd's Interest Coverage for the quarter that ended in Sep. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Signature International Bhd's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 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.
Signature International Bhd has a Z-score of 2.20, indicating it is in Grey Zones. This implies that Signature International 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 2.2 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.
Signature International Bhd (XKLS:7246) Business Description
Traded in Other Exchanges
N/A
Address
Lot 24, Jalan Teknologi, Taman Sains Selangor 1, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810
Signature International Bhd is principally engaged in the business of investment holding. The company through its subsidiaries manufactures, markets, and distributes modular kitchen and wardrobes systems under its flagship brand SignatureKitchen and mass-market brand Kubiq. The Group is organized into business units based on its products and services, and has five reportable segments: Design, manufacture and retail of kitchen and wardrobe systems; Marketing and distribution of white goods; Manufacture of glass and aluminium products; Interior fit-out works and Others. It derives a majority of its revenue from the Design, Manufacture, and Retail of Kitchen and Wardrobe Systems segment. Geographically, it generates maximum revenue from Malaysia.
Signature International Bhd (XKLS:7246) Headlines
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