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Intermediate Petrochemicals Industries Co (AMM:IPCH) Financial Strength : 3 (As of . 20)


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What is Intermediate Petrochemicals Industries Co Financial Strength?

Intermediate Petrochemicals Industries Co has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Intermediate Petrochemicals Industries Co Ltd displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Intermediate Petrochemicals Industries Co did not have earnings to cover the interest expense. As of today, Intermediate Petrochemicals Industries Co's Altman Z-Score is 0.00.


Competitive Comparison of Intermediate Petrochemicals Industries Co's Financial Strength

For the Chemicals subindustry, Intermediate Petrochemicals Industries Co'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.


Intermediate Petrochemicals Industries Co's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Intermediate Petrochemicals Industries Co's Financial Strength distribution charts can be found below:

* The bar in red indicates where Intermediate Petrochemicals Industries Co's Financial Strength falls into.



Intermediate Petrochemicals Industries Co 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:

Intermediate Petrochemicals Industries Co's Interest Expense for the months ended in . 20 was JOD0.00 Mil. Its Operating Income for the months ended in . 20 was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was JOD0.00 Mil.

Intermediate Petrochemicals Industries Co's Interest Coverage for the quarter that ended in . 20 is

Intermediate Petrochemicals Industries Co had no long-term debt (1).

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

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

Intermediate Petrochemicals Industries Co's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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.

Intermediate Petrochemicals Industries Co has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy 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.


Intermediate Petrochemicals Industries Co  (AMM:IPCH) 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.

Intermediate Petrochemicals Industries Co has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Intermediate Petrochemicals Industries Co Financial Strength Related Terms

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Intermediate Petrochemicals Industries Co (AMM:IPCH) Business Description

Traded in Other Exchanges
N/A
Address
Wadi Al-Ush Industrial Zone, P.O. Box 2502, Zarqa - Highway, Amman, JOR, 11181
Intermediate Petrochemicals Industries Co Ltd operates in the intermediate chemical industry. The company has eight plants - PVC Compounds Plant, Unsaturated Polyester Resins Plant, FRP Sheet (Relon) Plant, Organic Peroxides Plant, Spectrafin Masterbatch Plant, Organic Solvents Plant, Phenol Formaldehyde Resins Plant, and Plasticizers Plant.

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