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C-Link Squared (HKSE:01463) Financial Strength : 8 (As of Dec. 2023)


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What is C-Link Squared Financial Strength?

C-Link Squared has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

C-Link Squared Ltd 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.

C-Link Squared's Interest Coverage for the quarter that ended in Dec. 2023 was 5.67. C-Link Squared's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.08. As of today, C-Link Squared's Altman Z-Score is 70.08.


Competitive Comparison of C-Link Squared's Financial Strength

For the Specialty Business Services subindustry, C-Link Squared'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.


C-Link Squared's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, C-Link Squared's Financial Strength distribution charts can be found below:

* The bar in red indicates where C-Link Squared's Financial Strength falls into.



C-Link Squared 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:

C-Link Squared's Interest Expense for the months ended in Dec. 2023 was HK$-0.3 Mil. Its Operating Income for the months ended in Dec. 2023 was HK$1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.8 Mil.

C-Link Squared's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1.779/-0.314
=5.67

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

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

C-Link Squared's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.911 + 7.785) / 160.63
=0.08

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.

C-Link Squared has a Z-score of 70.08, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 70.08 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.


C-Link Squared  (HKSE:01463) 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.

C-Link Squared has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


C-Link Squared Financial Strength Related Terms

Thank you for viewing the detailed overview of C-Link Squared's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


C-Link Squared (HKSE:01463) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Persiaran Sungai Buloh, Taman Industri Sungai Buloh, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
C-Link Squared Ltd is an outsourced document management services provider and related software applications and enterprise software solutions, developer. The outsourced document management services include electronic document delivery; document print and mail fulfillment. MICR Cheque print & mail fulfillment; medical ID card print & mail fulfillment; and document imaging and scanning services are also included. The company's Streamline Suite consists of three systems namely Streamline Output Management System (OMS), Streamline Electronic Document Warehouse (EDW), and Streamline Document Management System (DMS). The Group's revenue from customers is derived mainly from its operations in Malaysia and China.
Executives
Zou Cheng 2201 Interest of corporation controlled by you
Le Xian 2201 Interest of corporation controlled by you
Sun Join Venture Management Limited 2101 Beneficial owner
Li Lianbin 2202 Interest of your spouse
Sun Join Capital Investment Limited 2101 Beneficial owner
Wang Yaxian 2101 Beneficial owner
Wan Shifang 2101 Beneficial owner
Wu Xian Long 2101 Beneficial owner
Liao Hui 2101 Beneficial owner

C-Link Squared (HKSE:01463) Headlines

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