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Kulthorn Kirby PCL (BKK:KKC) Financial Strength : 1 (As of Dec. 2023)


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What is Kulthorn Kirby PCL Financial Strength?

Kulthorn Kirby PCL has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Kulthorn Kirby 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.

Kulthorn Kirby PCL did not have earnings to cover the interest expense. Kulthorn Kirby PCL's debt to revenue ratio for the quarter that ended in Dec. 2023 was 1.89. As of today, Kulthorn Kirby PCL's Altman Z-Score is -2.12.


Competitive Comparison of Kulthorn Kirby PCL's Financial Strength

For the Specialty Industrial Machinery subindustry, Kulthorn Kirby 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.


Kulthorn Kirby PCL's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kulthorn Kirby PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kulthorn Kirby PCL's Financial Strength falls into.



Kulthorn Kirby 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:

Kulthorn Kirby PCL's Interest Expense for the months ended in Dec. 2023 was ฿-81 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿-236 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿48 Mil.

Kulthorn Kirby PCL's Interest Coverage for the quarter that ended in Dec. 2023 is

Kulthorn Kirby PCL did not have earnings to cover the interest expense.

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

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

Kulthorn Kirby PCL'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
=(4533.12 + 47.657) / 2422.092
=1.89

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.

Kulthorn Kirby PCL has a Z-score of -2.12, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -2.12 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.


Kulthorn Kirby PCL  (BKK:KKC) 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.

Kulthorn Kirby PCL has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Kulthorn Kirby PCL Financial Strength Related Terms

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Kulthorn Kirby PCL (BKK:KKC) Business Description

Traded in Other Exchanges
N/A
Address
126 Soi Chalongkrung 31, Chalongkrung Road, Khwaeng Lamplatew, Khet Latkrabang, Bangkok, THA, 10520
Kulthorn Kirby PCL is a Thailand-based company engaged in the manufacture and distribution of hermetic compressors. The company operates through four segments namely Compressors and parts, Enameled wire, Steel sheet, and Steel coil center. In addition, it is also a manufacturer and seller of the motor compressor, and reciprocating type for refrigeration products including refrigerators, freezers, water coolers, commercial refrigerators, and air conditioners. The Majority of its revenue gets derived from the Compressors and parts segment.

Kulthorn Kirby PCL (BKK:KKC) Headlines

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