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United Palm Oil Industry PCL (BKK:UPOIC) Financial Strength

: 9 (As of Dec. 2023)
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United Palm Oil Industry PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

United Palm Oil Industry PCL 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 Palm Oil Industry PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 29.30. United Palm Oil Industry PCL's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.13. As of today, United Palm Oil Industry PCL's Altman Z-Score is 6.86.


Competitive Comparison

For the Farm Products subindustry, United Palm Oil Industry PCL'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 Palm Oil Industry PCL Financial Strength Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, United Palm Oil Industry PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where United Palm Oil Industry PCL's Financial Strength falls into.



United Palm Oil Industry PCL 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 Palm Oil Industry PCL's Interest Expense for the months ended in Dec. 2023 was ฿-2 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿48 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿42 Mil.

United Palm Oil Industry PCL's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*47.817/-1.632
=29.30

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

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

United Palm Oil Industry PCL's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(130.606 + 42.498) / 1379.892
=0.13

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 Palm Oil Industry PCL has a Z-score of 6.86, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 6.86 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 Palm Oil Industry PCL  (BKK:UPOIC) 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 Palm Oil Industry PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


United Palm Oil Industry PCL Financial Strength Related Terms

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United Palm Oil Industry PCL (BKK:UPOIC) Business Description

Traded in Other Exchanges
N/A
Address
64, 1st Floor, Soi Bangna-Trad 25, Bangnanua Sub-District, Bangna District, Bangkok, THA, 10260
United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company business operations involve 2 principal segments (1) oil palm plantation, crude palm oil and crude palm kernel oil processing (2) generation of electricity from biogases and biomasses. These activities are carried on exclusively in the single geographic area of Thailand.

United Palm Oil Industry PCL (BKK:UPOIC) Headlines

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