What is PT Adaro Energy Indonesia Tbk Financial Strength?
PT Adaro Energy Indonesia Tbk has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
PT Adaro Energy Indonesia Tbk 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.
PT Adaro Energy Indonesia Tbk's Interest Coverage for the quarter that ended in Dec. 2023 was 36.51.
PT Adaro Energy Indonesia Tbk's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.23.
As of today, PT Adaro Energy Indonesia Tbk's Altman Z-Score is 3.32.
Competitive Comparison of PT Adaro Energy Indonesia Tbk's Financial Strength
For the Thermal Coal subindustry, PT Adaro Energy 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 Adaro Energy Indonesia Tbk's Financial Strength Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Adaro Energy Indonesia Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Adaro Energy Indonesia Tbk's Financial Strength falls into.
PT Adaro Energy 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 Adaro Energy Indonesia Tbk's Interest Expense for the
months ended in Dec. 2023 was $-15 Mil. Its Operating Income for the
months ended in Dec. 2023 was $539 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $490 Mil.
PT Adaro Energy Indonesia Tbk's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
PT Adaro Energy Indonesia Tbk'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.
PT Adaro Energy Indonesia Tbk has a Z-score of 3.32, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 3.32 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.
PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Business Description
Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said, Block X-5, Menara Karya Lantai, 23rd Floor, Kav. 1-2, Jakarta, IDN, 12950
PT Adaro Energy Indonesia Tbk is an Indonesia-based energy group that focuses on integrated coal mining. The company's primary location is in the Tabalong district in South Kalimantan, where its subsidiary PT Adaro Indonesia operates the single-site coal mine in the southern hemisphere. The company produces thermal coal, which is marketed under the brand name Envirocoal. The company's main customers are blue-chip power utilities, and roughly three-quarters of its coal is produced for foreign customers, with the remainder in Indonesia. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, and power generation. Its segment comprises coal mining and trading, mining services, logistics, and others.
PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Headlines
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