Cherat Packaging (KAR:CPPL) Probability of Financial Distress (%)


What is Cherat Packaging Probability of Financial Distress (%)?

Cherat Packaging does not have enough data to calculate Probability of Financial Distress (%).

Cherat Packaging  (KAR:CPPL) Probability of Financial Distress (%) Explanation

Like the Altman Z-Score, the PFD measures a company's bankruptcy risk in the upcoming year. However, the main drawback of the Z-score is it does not apply to banks and insurance companies. According to Investopedia, the concept of "working capital" does not apply to banks and insurance companies, as financial institutions do not have typical current assets or current liabilities like inventories or accounts payable.

Cherat Packaging Probability of Financial Distress (%) Related Terms

Cherat Packaging Probability of Financial Distress (%) Historical Data

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The historical data trend for Cherat Packaging's Probability of Financial Distress (%) can be seen below:

* 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.

Cherat Packaging Probability of Financial Distress (%) Chart

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Cherat Packaging Quarterly Data
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Cherat Packaging Probability of Financial Distress (%) Competitor Comparison

For the Packaging & Containers subindustry, Cherat Packaging's Probability of Financial Distress (%), along with its competitors' market caps and Probability of Financial Distress (%) 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.

Cherat Packaging Probability of Financial Distress (%) vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cherat Packaging's Probability of Financial Distress (%) distribution charts can be found below:

* The bar in red indicates where Cherat Packaging's Probability of Financial Distress (%) falls into.


Cherat Packaging Business Description

Address Beaumont Road, Modern Motors House, 3rd Floor, Karachi, SD, PAK, 75530
Cherat Packaging Ltd is engaged in the manufacturing, marketing, and selling of paper sacks and polypropylene bags to the cement industry. It supplies bags to various sectors, such as sugar, wheat, chemical, and others. Its main product is paper bags and sacks for the cement industry. The company produces and supplies cement bags made from kraft paper and polypropylene granules. Its segments includes Bags manufacturing division and Flexible packaging division, of which key revenue is derived from Bags manufacturing division.