What is Lion Industries Bhd Financial Strength?
Lion Industries Bhd 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:
Lion Industries Corp Bhd 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.
Lion Industries Bhd did not have earnings to cover the interest expense.
Lion Industries Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.11.
As of today, Lion Industries Bhd's Altman Z-Score is 0.37.
Competitive Comparison of Lion Industries Bhd's Financial Strength
For the Steel subindustry, Lion Industries 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.
Lion Industries Bhd's Financial Strength Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Lion Industries Bhd's Financial Strength distribution charts can be found below:
* The bar in red indicates where Lion Industries Bhd's Financial Strength falls into.
Lion Industries 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:
Lion Industries Bhd's Interest Expense for the
months ended in Dec. 2023 was RM-9 Mil. Its Operating Income for the
months ended in Dec. 2023 was RM-13 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM37 Mil.
Lion Industries Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is
| Lion Industries 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.
Lion Industries Bhd's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
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.
Lion Industries Bhd has a Z-score of 0.37, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of 0.37 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.
Lion Industries Bhd (XKLS:4235) Business Description
Traded in Other Exchanges
N/A
Address
No. 1 Jalan Nagasari, Level 14, Lion Office Tower, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50200
Lion Industries Corp Bhd is an investment holding company. The company's business segments are steel, building materials, and others. Its steel segment engaged in manufacturing and marketing of steel bars, wire rods, hot briquetted iron, and steel related products. The building materials segment consists of trading and distribution of building materials and other steel products. Other segment involves in investment holding, treasury business, manufacture and trading of lubricants, spark plugs and provision of transportation services, agriculture, distributing and retailing of consumer products. The company generates maximum revenue from the Steel segment. Geographically, it derives a majority of the revenue from Malaysia.
Lion Industries Bhd (XKLS:4235) Headlines
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