GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) » Definitions » Financial Strength

PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Financial Strength : 6 (As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is PT Japfa Comfeed Indonesia Tbk Financial Strength?

PT Japfa Comfeed Indonesia Tbk 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.

PT Japfa Comfeed Indonesia Tbk's Interest Coverage for the quarter that ended in Dec. 2023 was 0.73. PT Japfa Comfeed Indonesia Tbk's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.24. As of today, PT Japfa Comfeed Indonesia Tbk's Altman Z-Score is 2.66.


Competitive Comparison of PT Japfa Comfeed Indonesia Tbk's Financial Strength

For the Farm Products subindustry, PT Japfa Comfeed Indonesia Tbk'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.


PT Japfa Comfeed Indonesia Tbk's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Japfa Comfeed Indonesia Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Japfa Comfeed Indonesia Tbk's Financial Strength falls into.



PT Japfa Comfeed Indonesia Tbk 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:

PT Japfa Comfeed Indonesia Tbk's Interest Expense for the months ended in Dec. 2023 was Rp-214,392 Mil. Its Operating Income for the months ended in Dec. 2023 was Rp155,673 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp7,926,622 Mil.

PT Japfa Comfeed Indonesia Tbk'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*155673/-214392
=0.73

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

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

PT Japfa Comfeed Indonesia Tbk'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
=(4919068 + 7926622) / 53633904
=0.24

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.

PT Japfa Comfeed Indonesia Tbk has a Z-score of 2.66, indicating it is in Grey Zones. This implies that PT Japfa Comfeed Indonesia Tbk is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.66 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


PT Japfa Comfeed Indonesia Tbk  (ISX:JPFA) 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.

PT Japfa Comfeed Indonesia Tbk has the Financial Strength Rank of 6.


PT Japfa Comfeed Indonesia Tbk Financial Strength Related Terms

Thank you for viewing the detailed overview of PT Japfa Comfeed Indonesia Tbk's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan M.T. Haryono Kav. 16, Wisma Millenia Lantai 7, Jakarta, IDN, 12810
PT Japfa Comfeed Indonesia Tbk is a farm products company that primarily produces animal feed. The company has six business segments: Animal feed, Poultry breeding, Commercial farm and Poultry processing, Aquaculture, Trading, and Others. The company's activities include production and marketing of animal feed products, breeding poultry, running broiler farms and chicken slaughtering, processing and selling chicken meat, shrimp and freshwater fish breeding, beef cattle breeding and meat production, and provision of animal vaccine units, freight business units, among others. A vast majority of the company's revenue is generated by the Animal feed and Commercial farm and poultry processing business segments combined.

PT Japfa Comfeed Indonesia Tbk (ISX:JPFA) Headlines

No Headlines