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Jack Chia Industries (Thailand) PCL (BKK:JCT) Financial Strength : 10 (As of Mar. 2024)


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What is Jack Chia Industries (Thailand) PCL Financial Strength?

Jack Chia Industries (Thailand) PCL has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Jack Chia Industries (Thailand) 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.

Jack Chia Industries (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 172.14. Jack Chia Industries (Thailand) PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Jack Chia Industries (Thailand) PCL's Altman Z-Score is 5.11.


Competitive Comparison of Jack Chia Industries (Thailand) PCL's Financial Strength

For the Household & Personal Products subindustry, Jack Chia Industries (Thailand) 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.


Jack Chia Industries (Thailand) PCL's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jack Chia Industries (Thailand) PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Jack Chia Industries (Thailand) PCL's Financial Strength falls into.



Jack Chia Industries (Thailand) 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:

Jack Chia Industries (Thailand) PCL's Interest Expense for the months ended in Mar. 2024 was ฿-0.2 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿31.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil.

Jack Chia Industries (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*31.33/-0.182
=172.14

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jack Chia Industries (Thailand) PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

Jack Chia Industries (Thailand) PCL's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 863.848
=0.00

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.

Jack Chia Industries (Thailand) PCL has a Z-score of 5.11, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.11 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.


Jack Chia Industries (Thailand) PCL  (BKK:JCT) 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.

Jack Chia Industries (Thailand) PCL has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Jack Chia Industries (Thailand) PCL Financial Strength Related Terms

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Jack Chia Industries (Thailand) PCL (BKK:JCT) Business Description

Traded in Other Exchanges
N/A
Address
144/1-2 Sri Bamphen Road, Chong Nonsi, Yannawa, Bangkok, THA, 10500
Jack Chia Industries (Thailand) PCL is engaged in the manufacture and distribution of pharmaceuticals and cosmetics products. The company and its subsidiaries operate through two segments which include pharmaceutical products and Consumer products. The Pharmaceutical Products segment is involved in the manufacture and distribution of pharmaceutical products. Consumer product segments consist of the manufacturing and distribution of other consumer products. The majority of its revenue is generated from the pharmaceutical products segment. It operates geographically in Thailand and sells its product to both domestic and overseas markets.

Jack Chia Industries (Thailand) PCL (BKK:JCT) Headlines

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