What is Ken Holdings Bhd Financial Strength?
Ken Holdings Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
Ken Holdings Bhd 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.
Ken Holdings Bhd has no long-term debt (1).
Ken Holdings Bhd's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, Ken Holdings Bhd's Altman Z-Score is 2.73.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of Ken Holdings Bhd's Financial Strength
For the Engineering & Construction subindustry, Ken Holdings Bhd'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.
Ken Holdings Bhd's Financial Strength Distribution in the Construction Industry
For the Construction industry and Industrials sector, Ken Holdings Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Ken Holdings Bhd's Financial Strength falls into.
Ken Holdings Bhd 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:
Ken Holdings Bhd's Interest Expense for the
months ended in Mar. 2024 was RM0.00 Mil. Its Operating Income for the
months ended in Mar. 2024 was RM1.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM0.00 Mil.
Ken Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is
| Ken Holdings Bhd had no long-term debt (1). |
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ken Holdings Bhd has no debt.
2. Debt to revenue ratio. The lower, the better.
Ken Holdings Bhd'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.
Ken Holdings Bhd has a Z-score of 2.73, indicating it is in Grey Zones. This implies that Ken Holdings Bhd 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 2.73 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.
Ken Holdings Bhd (XKLS:7323) Business Description
Traded in Other Exchanges
N/A
Address
No. 37, Jalan Burhanuddin Helmi, Level 12, Menara KEN TTDI, Taman Tun Dr. Ismail, Kuala Lumpur, SGR, MYS, 60000
Ken Holdings Bhd is engaged in investment holding and the provision of management services. The company operates through three segments: Construction, Property Development, and Property Investment. The construction segment offers specialist engineering services, turnkey contracts, building and civil and engineering works, land reclamation, dredging, and marine and civil engineering. The Property Development segment which drives major revenue engages in the development of residential and commercial properties. The Property Investment segment involves the rental of investment property and car park management.
Ken Holdings Bhd (XKLS:7323) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XKLS:7323 has been successfully added to your