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Jerasia Capital Bhd (XKLS:8931) Financial Strength : 0 (As of Feb. 2023)


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What is Jerasia Capital Bhd Financial Strength?

Jerasia Capital Bhd has the Financial Strength Rank of 0.

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.

Jerasia Capital Bhd did not have earnings to cover the interest expense. Jerasia Capital Bhd's debt to revenue ratio for the quarter that ended in Feb. 2023 was 174.79. As of today, Jerasia Capital Bhd's Altman Z-Score is 0.00.


Competitive Comparison of Jerasia Capital Bhd's Financial Strength

For the Apparel Manufacturing subindustry, Jerasia Capital 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.


Jerasia Capital Bhd's Financial Strength Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerasia Capital Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jerasia Capital Bhd's Financial Strength falls into.



Jerasia Capital 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:

Jerasia Capital Bhd's Interest Expense for the months ended in Feb. 2023 was RM-0.05 Mil. Its Operating Income for the months ended in Feb. 2023 was RM-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was RM0.00 Mil.

Jerasia Capital Bhd's Interest Coverage for the quarter that ended in Feb. 2023 is

Jerasia Capital 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.

Jerasia Capital Bhd's Debt to Revenue Ratio for the quarter that ended in Feb. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Feb. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(218.134 + 0) / 1.248
=174.79

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.

Jerasia Capital Bhd has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Jerasia Capital Bhd  (XKLS:8931) 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.

Jerasia Capital Bhd has the Financial Strength Rank of 0.


Jerasia Capital Bhd Financial Strength Related Terms

Thank you for viewing the detailed overview of Jerasia Capital Bhd's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Jerasia Capital Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cheras, Numbers 2-8, Lorong 6E/91, Taman Shamelin Perkasa, Wilayah Persekutuan, Batu 31/2, Kuala Lumpur, MYS, 56100
Jerasia Capital Bhd through its subsidiaries is engaged in the manufacturing and exporting of fashion apparel and accessories. The business activity of the group is operated through Garment Manufacturing, Retail and Others segments. The Garment manufacturing segments include the manufacture and export of fashion apparel and accessories. The Retail segment involves retailing of fashion apparel and accessories and the Other segment consists of investments and dormant companies. Geographically all the operation are functioned through the region of Malaysia, however, it also has the presence across the region of USA, Europe, Singapore, and Japan. Jerasia Capital derives the majority of revenue from export of apparel and accessories.

Jerasia Capital Bhd Headlines

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