What is United Plantation Berhad Financial Strength?
United Plantation Berhad has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
United Plantation Berhad 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.
United Plantation Berhad's Interest Coverage for the quarter that ended in Mar. 2024 was 21,315.25.
United Plantation Berhad's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.01.
As of today, United Plantation Berhad's Altman Z-Score is 19.23.
Competitive Comparison of United Plantation Berhad's Financial Strength
For the Farm Products subindustry, United Plantation Berhad'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.
United Plantation Berhad's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, United Plantation Berhad's Financial Strength distribution charts can be found below:
* The bar in red indicates where United Plantation Berhad's Financial Strength falls into.
United Plantation Berhad 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:
United Plantation Berhad's Interest Expense for the
months ended in Mar. 2024 was RM-0 Mil. Its Operating Income for the
months ended in Mar. 2024 was RM171 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM13 Mil.
United Plantation Berhad's Interest Coverage for the quarter that ended in Mar. 2024 is
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. United Plantation Berhad has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
United Plantation Berhad's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
United Plantation Berhad has a Z-score of 19.23, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 19.23 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.
United Plantation Berhad (XKLS:2089) Business Description
Traded in Other Exchanges
Address
Jendarata Estate, Teluk Intan, PRK, MYS, 36009
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.
United Plantation Berhad (XKLS:2089) Headlines
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