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Kub Malaysia Bhd (XKLS:6874) Financial Strength : 10 (As of Dec. 2023)


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What is Kub Malaysia Bhd Financial Strength?

Kub Malaysia Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Kub Malaysia Bhd shows strong financial strength.

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.

Kub Malaysia Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 96.89. Kub Malaysia Bhd's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Kub Malaysia Bhd's Altman Z-Score is 4.05.


Competitive Comparison of Kub Malaysia Bhd's Financial Strength

For the Utilities - Regulated Gas subindustry, Kub 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.


Kub Malaysia Bhd's Financial Strength Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kub Malaysia Bhd's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kub Malaysia Bhd's Financial Strength falls into.



Kub 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:

Kub Malaysia Bhd's Interest Expense for the months ended in Dec. 2023 was RM-0.0 Mil. Its Operating Income for the months ended in Dec. 2023 was RM3.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.0 Mil.

Kub Malaysia Bhd'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*3.488/-0.036
=96.89

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kub Malaysia Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

Kub 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
=(0.609 + 0.041) / 534.412
=0.00

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.

Kub Malaysia Bhd has a Z-score of 4.05, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.05 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.


Kub Malaysia Bhd  (XKLS:6874) 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.

Kub Malaysia Bhd has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Kub Malaysia Bhd Financial Strength Related Terms

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Kub Malaysia Bhd (XKLS:6874) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1A/7A, Oasis Square, Level 3A, Unit 1, Capital 3, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Kub Malaysia Bhd is engaged in the bottling and trading of liquefied petroleum gas. It also provides information services, oil palm plantation services, food-related services, management of properties and engineering and civil works services. Its operating segment includes liquefied petroleum gas (LPG); Agricultural businesses (AGRO); Information and communications technology (ICT) and Others. It generates maximum revenue from the LPG segment. Geographically, it derives revenue from Malaysia.

Kub Malaysia Bhd (XKLS:6874) Headlines

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