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SSF Home Group Bhd (XKLS:0287) Financial Strength : 7 (As of Oct. 2023)


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What is SSF Home Group Bhd Financial Strength?

SSF Home Group Bhd 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.

SSF Home Group Bhd's Interest Coverage for the quarter that ended in Oct. 2023 was 1.13. SSF Home Group Bhd's debt to revenue ratio for the quarter that ended in Oct. 2023 was 0.10. As of today, SSF Home Group Bhd's Altman Z-Score is 7.61.


Competitive Comparison of SSF Home Group Bhd's Financial Strength

For the Specialty Retail subindustry, SSF Home Group 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.


SSF Home Group Bhd's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SSF Home Group Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where SSF Home Group Bhd's Financial Strength falls into.



SSF Home Group 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:

SSF Home Group Bhd's Interest Expense for the months ended in Oct. 2023 was RM-0.29 Mil. Its Operating Income for the months ended in Oct. 2023 was RM0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was RM3.31 Mil.

SSF Home Group Bhd's Interest Coverage for the quarter that ended in Oct. 2023 is

Interest Coverage=-1*Operating Income (Q: Oct. 2023 )/Interest Expense (Q: Oct. 2023 )
=-1*0.322/-0.285
=1.13

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

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

SSF Home Group Bhd's Debt to Revenue Ratio for the quarter that ended in Oct. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Oct. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(11.167 + 3.306) / 141.256
=0.10

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.

SSF Home Group Bhd has a Z-score of 7.61, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 7.61 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.


SSF Home Group Bhd  (XKLS:0287) 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.

SSF Home Group Bhd has the Financial Strength Rank of 7.


SSF Home Group Bhd Financial Strength Related Terms

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SSF Home Group Bhd (XKLS:0287) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 5/1, C-11-08 & C-11-09 1, Sunway Nexis, Kota Damansara, Petaling Jaya, SGR, MYS, 47810
SSF Home Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the retail of furniture, home decor and home living products via its retail channel (retail outlets) and online channel (e-commerce website).

SSF Home Group Bhd (XKLS:0287) Headlines

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