What is Kiang Huat Sea Gull Trading Frozen Food PCL Financial Strength?
Kiang Huat Sea Gull Trading Frozen Food PCL 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.
Kiang Huat Sea Gull Trading Frozen Food PCL did not have earnings to cover the interest expense.
Kiang Huat Sea Gull Trading Frozen Food PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.49.
As of today, Kiang Huat Sea Gull Trading Frozen Food PCL's Altman Z-Score is 2.14.
Competitive Comparison of Kiang Huat Sea Gull Trading Frozen Food PCL's Financial Strength
For the Packaged Foods subindustry, Kiang Huat Sea Gull Trading Frozen Food 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.
Kiang Huat Sea Gull Trading Frozen Food PCL's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kiang Huat Sea Gull Trading Frozen Food PCL's Financial Strength distribution charts can be found below:
* The bar in red indicates where Kiang Huat Sea Gull Trading Frozen Food PCL's Financial Strength falls into.
Kiang Huat Sea Gull Trading Frozen Food 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:
Kiang Huat Sea Gull Trading Frozen Food PCL's Interest Expense for the
months ended in Mar. 2024 was ฿-13 Mil. Its Operating Income for the
months ended in Mar. 2024 was ฿-5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿63 Mil.
Kiang Huat Sea Gull Trading Frozen Food PCL's Interest Coverage for the quarter that ended in Mar. 2024 is
| Kiang Huat Sea Gull Trading Frozen Food PCL 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.
Kiang Huat Sea Gull Trading Frozen Food PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
Kiang Huat Sea Gull Trading Frozen Food PCL has a Z-score of 2.14, indicating it is in Grey Zones. This implies that Kiang Huat Sea Gull Trading Frozen Food PCL 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 2.14 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.
Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Business Description
Traded in Other Exchanges
N/A
Address
4/2 Moo 3, Asia 43 Road, Tambol Namom, Amphur Namom, Songkhla, THA, 90310
Kiang Huat Sea Gull Trading Frozen Food PCL is engaged in the frozen seafood manufacturing business. The production processes include beheading, peeling, sizing, weighing, arranging, cooking, value-added processing, and freezing and packing. The company produces a wide variety of block, vacuum-packed items such as Raw and cooked head-on, Headless and peeled shrimps, Extended shrimps (nobashi), Cooked tail-on butterfly shrimps (sushi), Breaded shrimps (panko), Easily peeled shrimps, Slipper lobster tail, and Meat. The organization sells its products under its own brands which are Sea Kin, Sea Champion, Eagle, Sea Queen, Sea Flower, and Blue Gulf. The group sells its products in Asia, Europe, America, Africa, and Thailand, of which key revenue is generated from Asia.
Kiang Huat Sea Gull Trading Frozen Food PCL (BKK:CHOTI) Headlines
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