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E For L Aim PCL (BKK:EFORL) Financial Strength : 3 (As of Mar. 2024)


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What is E For L Aim PCL Financial Strength?

E For L Aim PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

E For L Aim PCL displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

E For L Aim PCL did not have earnings to cover the interest expense. E For L Aim PCL's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.45. As of today, E For L Aim PCL's Altman Z-Score is -0.34.


Competitive Comparison of E For L Aim PCL's Financial Strength

For the Medical Distribution subindustry, E For L Aim 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.


E For L Aim PCL's Financial Strength Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, E For L Aim PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where E For L Aim PCL's Financial Strength falls into.



E For L Aim 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:

E For L Aim PCL's Interest Expense for the months ended in Mar. 2024 was ฿-8 Mil. Its Operating Income for the months ended in Mar. 2024 was ฿-15 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿232 Mil.

E For L Aim PCL's Interest Coverage for the quarter that ended in Mar. 2024 is

E For L Aim PCL did not have earnings to cover the interest expense.

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. E For L Aim PCL interest coverage is 1.2, which is low.

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

E For L Aim 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
=(214.748 + 232.024) / 991.38
=0.45

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.

E For L Aim PCL has a Z-score of -0.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.34 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.


E For L Aim PCL  (BKK:EFORL) 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.

E For L Aim PCL has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


E For L Aim PCL Financial Strength Related Terms

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E For L Aim PCL (BKK:EFORL) Business Description

Traded in Other Exchanges
N/A
Address
No. 432 Rajavithi Road, Bangyee Khan Sub District, Bangplad District, Bangkok, THA, 10700
E For L Aim PCL operates as a dealer and importer of medical devices and equipment and provides advertising services. It serves customers in both the government and private sectors. The company and subsidiaries' business operations involve two principle segments which are Distributor of medical devices and equipment; and Beauty treatment segments. In addition, the group is also involved providing advertising services. Geographically all the operations are carried out through the region of Thailand. The Distributor of medical devices and equipment act as a key revenue driver for the firm.

E For L Aim PCL (BKK:EFORL) Headlines

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