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Chumporn Palm Oil Industry PCL (BKK:CPI) Financial Strength : 5 (As of Mar. 2024)


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What is Chumporn Palm Oil Industry PCL Financial Strength?

Chumporn Palm Oil Industry PCL has the Financial Strength Rank of 5.

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.

Chumporn Palm Oil Industry PCL's Interest Coverage for the quarter that ended in Mar. 2024 was 1.02. Chumporn Palm Oil Industry PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.24. As of today, Chumporn Palm Oil Industry PCL's Altman Z-Score is 1.97.


Competitive Comparison of Chumporn Palm Oil Industry PCL's Financial Strength

For the Farm Products subindustry, Chumporn 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.


Chumporn Palm Oil Industry PCL's Financial Strength Distribution in the Consumer Packaged Goods Industry

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

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



Chumporn 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:

Chumporn Palm Oil Industry PCL's Interest Expense for the months ended in Mar. 2024 was ฿-11 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿11 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿85 Mil.

Chumporn Palm Oil Industry 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*11.348/-11.115
=1.02

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

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

Chumporn Palm Oil Industry 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
=(1114.602 + 84.699) / 4920.876
=0.24

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.

Chumporn Palm Oil Industry PCL has a Z-score of 1.97, indicating it is in Grey Zones. This implies that Chumporn Palm Oil Industry 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 1.97 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.


Chumporn Palm Oil Industry PCL  (BKK:CPI) 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.

Chumporn Palm Oil Industry PCL has the Financial Strength Rank of 5.


Chumporn Palm Oil Industry PCL Financial Strength Related Terms

Thank you for viewing the detailed overview of Chumporn Palm Oil Industry PCL's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Chumporn Palm Oil Industry PCL (BKK:CPI) Business Description

Traded in Other Exchanges
N/A
Address
No. 296 Moo 2, Phetchkasem Road, Tambon Salui, Ampur Tasae, Salui Sub-District, Thasae District, Chumporn, THA, 86140
Chumporn Palm Oil Industry PCL is principally engaged in the manufacturing and distribution of palm oil products. The company produces and distributes palm oil products to consumer markets. The products include Crude palm oil, Crude palm kernel oil, Refined bleached deodorized palm oil, and Cooking oil packed in polyethylene terephthalate (PET) bottle. The business operates in segments that include Palm Oil products, Palm seeds, palm sprouts and coconut sprouts, and Electricity. The Palm Oil Product segment generates the maximum revenue for the company. The organization has a business presence in Singapore and other countries. It generates key revenue from Thailand.

Chumporn Palm Oil Industry PCL (BKK:CPI) Headlines