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S & P Syndicate PCL (BKK:SNP) Financial Strength : 7 (As of Dec. 2023)


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What is S & P Syndicate PCL Financial Strength?

S & P Syndicate PCL has the Financial Strength Rank of 7.

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.

S & P Syndicate PCL's Interest Coverage for the quarter that ended in Dec. 2023 was 9.94. S & P Syndicate PCL's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.17. As of today, S & P Syndicate PCL's Altman Z-Score is 4.07.


Competitive Comparison of S & P Syndicate PCL's Financial Strength

For the Restaurants subindustry, S & P Syndicate 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.


S & P Syndicate PCL's Financial Strength Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, S & P Syndicate PCL's Financial Strength distribution charts can be found below:

* The bar in red indicates where S & P Syndicate PCL's Financial Strength falls into.



S & P Syndicate 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:

S & P Syndicate PCL's Interest Expense for the months ended in Dec. 2023 was ฿-14 Mil. Its Operating Income for the months ended in Dec. 2023 was ฿141 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿747 Mil.

S & P Syndicate PCL'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*140.765/-14.163
=9.94

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

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

S & P Syndicate 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
=(407.718 + 746.593) / 6648.012
=0.17

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.

S & P Syndicate PCL has a Z-score of 4.07, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.07 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.


S & P Syndicate PCL  (BKK:SNP) 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.

S & P Syndicate PCL has the Financial Strength Rank of 7.


S & P Syndicate PCL Financial Strength Related Terms

Thank you for viewing the detailed overview of S & P Syndicate PCL's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


S & P Syndicate PCL (BKK:SNP) Business Description

Traded in Other Exchanges
N/A
Address
No. 2034/100-103, New Petchburi Road, Italthai Tower, 23rd Floor, Kwaeng Bangkapi, Khet Huay Kwang, Bangkok, THA, 10310
S & P Syndicate PCL is a company that is engaged in the operating chain of restaurants and bakery shops. The firm organizes its business into segments namely domestic restaurants and bakery shops and packaged food and bakery trading business, overseas restaurants, and others. The company earns a majority of its revenue from the domestic restaurants and bakery shops business segment. Geographically, the firm generates a majority of its revenue in the domestic market.

S & P Syndicate PCL (BKK:SNP) Headlines

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