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Moong Pattana International PCL (BKK:MOONG) Financial Strength : 9 (As of Mar. 2024)


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What is Moong Pattana International PCL Financial Strength?

Moong Pattana International PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Moong Pattana International 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.

Moong Pattana International PCL did not have earnings to cover the interest expense. Moong Pattana International PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.03. As of today, Moong Pattana International PCL's Altman Z-Score is 3.39.


Competitive Comparison of Moong Pattana International PCL's Financial Strength

For the Household & Personal Products subindustry, Moong Pattana International 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.


Moong Pattana International PCL's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Moong Pattana International PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Moong Pattana International PCL's Financial Strength falls into.



Moong Pattana International 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:

Moong Pattana International PCL's Interest Expense for the months ended in Mar. 2024 was ฿-0.3 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿14.8 Mil.

Moong Pattana International PCL's Interest Coverage for the quarter that ended in Mar. 2024 is

Moong Pattana International 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.

Moong Pattana International 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
=(6.586 + 14.819) / 738.496
=0.03

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.

Moong Pattana International PCL has a Z-score of 3.39, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.39 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.


Moong Pattana International PCL  (BKK:MOONG) 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.

Moong Pattana International PCL has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Moong Pattana International PCL Financial Strength Related Terms

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Moong Pattana International PCL (BKK:MOONG) Business Description

Traded in Other Exchanges
N/A
Address
Soi Bangna-Trad 25, Bangna-Trad Road, No. 2/97-104, 18th-19th Floor, Bangnacomplex Office Tower, Bangnanuea, Bangna, Bangkok, THA, 10260
Moong Pattana International PCL is a Thailand-based trading company. It operates in two segments Distribution of baby and infant products and the Distribution of other products. It distributes its own branded products including household products and personal care products. It also offers distribution services through its distribution network to all kinds of supermarkets, department stores, convenience stores, drug stores, baby shops and special channels as well as to neighborhood countries Laos and Cambodia. It generates the majority of its revenue from Thailand. Most of its revenue gets derived from the Distribution of baby and infant products segment.

Moong Pattana International PCL (BKK:MOONG) Headlines

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