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Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Financial Strength : 6 (As of Dec. 2023)


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What is Kim Hin Joo (Malaysia) Bhd Financial Strength?

Kim Hin Joo (Malaysia) Bhd has the Financial Strength Rank of 6.

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.

Kim Hin Joo (Malaysia) Bhd did not have earnings to cover the interest expense. Kim Hin Joo (Malaysia) Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.16. As of today, Kim Hin Joo (Malaysia) Bhd's Altman Z-Score is 3.61.


Competitive Comparison of Kim Hin Joo (Malaysia) Bhd's Financial Strength

For the Specialty Retail subindustry, Kim Hin Joo (Malaysia) 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.


Kim Hin Joo (Malaysia) Bhd's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kim Hin Joo (Malaysia) Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kim Hin Joo (Malaysia) Bhd's Financial Strength falls into.



Kim Hin Joo (Malaysia) 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:

Kim Hin Joo (Malaysia) Bhd's Interest Expense for the months ended in Dec. 2023 was RM-0.19 Mil. Its Operating Income for the months ended in Dec. 2023 was RM-0.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM8.99 Mil.

Kim Hin Joo (Malaysia) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is

Kim Hin Joo (Malaysia) Bhd 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.

Kim Hin Joo (Malaysia) Bhd'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
=(6.831 + 8.985) / 97.952
=0.16

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.

Kim Hin Joo (Malaysia) Bhd has a Z-score of 3.61, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.61 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.


Kim Hin Joo (Malaysia) Bhd  (XKLS:0210) 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.

Kim Hin Joo (Malaysia) Bhd has the Financial Strength Rank of 6.


Kim Hin Joo (Malaysia) Bhd Financial Strength Related Terms

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Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Perindustrian Balakong Jaya 1 /3, Lot 5205C, Wisma Pang Cheng Yean, Kawasan Perindustrian Balakong Jaya, Seri Kembangan, SGR, MYS, 43300
Kim Hin Joo (Malaysia) Bhd is principally involved in the retail and distribution of baby, children, and maternity products. The firm operates through two segments. The Retail segment engages in the retailing of babies, children, and maternity products. The Distribution segment comprises of distribution of children and maternity products. The group operates primarily in Malaysia.

Kim Hin Joo (Malaysia) Bhd (XKLS:0210) Headlines

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