What is PT ICTSI Jasa Prima Tbk Financial Strength?
PT ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk has no long-term debt (1).
PT ICTSI Jasa Prima Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, PT ICTSI Jasa Prima Tbk's Altman Z-Score is -10.59.
(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Competitive Comparison of PT ICTSI Jasa Prima Tbk's Financial Strength
For the Marine Shipping subindustry, PT ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk's Financial Strength Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, PT ICTSI Jasa Prima Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT ICTSI Jasa Prima Tbk's Financial Strength falls into.
PT ICTSI Jasa Prima 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 ICTSI Jasa Prima Tbk's Interest Expense for the
months ended in Mar. 2024 was Rp0 Mil. Its Operating Income for the
months ended in Mar. 2024 was Rp910 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil.
PT ICTSI Jasa Prima Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is
| PT ICTSI Jasa Prima Tbk had no long-term debt (1). |
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. PT ICTSI Jasa Prima Tbk has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
PT ICTSI Jasa Prima Tbk's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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.
PT ICTSI Jasa Prima Tbk has a Z-score of -10.59, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -10.59 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.
PT ICTSI Jasa Prima Tbk (ISX:KARW) Business Description
Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso Number 88, Suite 701, 7th Floor, Graha Kirana Building, Jakarta Utara, Jakarta, IDN, 14350
PT ICTSI Jasa Prima Tbk is engaged in an operating container terminal. The services provided by the company include maintenance, upkeep, operation and utilization of maritime facilities. It also offers infrastructure facilities such as concession of berth and terminal, container yard. The company is also involved in the operation of machinery and technical, mechanical, electronic equipment, special scales, computer software and hardware related to facilities and infrastructure of maritime logistics and stevedoring services. The other business activities of the company include facilities and infrastructures development for maritime logistics, trading of various goods related to maritime logistics facilities and infrastructure, freight forwarding and warehousing.
PT ICTSI Jasa Prima Tbk (ISX:KARW) Headlines
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