What is ST Group Food Industries Holdings Financial Strength?
ST Group Food Industries Holdings 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.
ST Group Food Industries Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 8.82.
ST Group Food Industries Holdings's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.38.
As of today, ST Group Food Industries Holdings's Altman Z-Score is 2.30.
Competitive Comparison of ST Group Food Industries Holdings's Financial Strength
For the Restaurants subindustry, ST Group Food Industries Holdings'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.
ST Group Food Industries Holdings's Financial Strength Distribution in the Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, ST Group Food Industries Holdings's Financial Strength distribution charts can be found below:
* The bar in red indicates where ST Group Food Industries Holdings's Financial Strength falls into.
ST Group Food Industries Holdings 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:
ST Group Food Industries Holdings's Interest Expense for the
months ended in Dec. 2023 was S$-0.64 Mil. Its Operating Income for the
months ended in Dec. 2023 was S$5.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$17.48 Mil.
ST Group Food Industries Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
ST Group Food Industries Holdings's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 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.
ST Group Food Industries Holdings has a Z-score of 2.30, indicating it is in Grey Zones. This implies that ST Group Food Industries Holdings 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 2.3 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.
ST Group Food Industries Holdings (SGX:DRX) Business Description
Traded in Other Exchanges
N/A
Address
120-130 Turner Street, Port Melbourne, Melbourne, VIC, AUS, 3207
ST Group Food Industries Holdings Ltd is an investment holding company. The company's operating segment includes Food and beverage retails; Supply chain; Franchise and Others. It generates maximum revenue from the Food and beverage retails segment. The food and beverage retails segment includes operations to all franchise and Group-owned restaurants and stores. Its supply chain segment predominantly includes the manufacturing, procurement and distribution of food, equipment and supplies to restaurants and stores from the group's supply chain center operations in Australia. Geographically, it derives a majority of revenue from Australia and also has a presence in Malaysia; New Zealand, and the United Kingdom.
ST Group Food Industries Holdings (SGX:DRX) Headlines
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