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APM Human Services International Pty (ASX:APM) Financial Strength : 4 (As of Jun. 2024)


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What is APM Human Services International Pty Financial Strength?

APM Human Services International Pty has the Financial Strength Rank of 4.

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.

APM Human Services International Pty's Interest Coverage for the quarter that ended in Jun. 2024 was 1.31. APM Human Services International Pty's debt to revenue ratio for the quarter that ended in Jun. 2024 was 0.45. As of today, APM Human Services International Pty's Altman Z-Score is 1.15.


Competitive Comparison of APM Human Services International Pty's Financial Strength

For the Staffing & Employment Services subindustry, APM Human Services International Pty'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.


APM Human Services International Pty's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, APM Human Services International Pty's Financial Strength distribution charts can be found below:

* The bar in red indicates where APM Human Services International Pty's Financial Strength falls into.



APM Human Services International Pty 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:

APM Human Services International Pty's Interest Expense for the months ended in Jun. 2024 was A$-35 Mil. Its Operating Income for the months ended in Jun. 2024 was A$46 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$996 Mil.

APM Human Services International Pty's Interest Coverage for the quarter that ended in Jun. 2024 is

Interest Coverage=-1*Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*46.315/-35.487
=1.31

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

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

APM Human Services International Pty's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(61.603 + 996.409) / 2358.454
=0.45

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.

APM Human Services International Pty has a Z-score of 1.15, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.15 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.


APM Human Services International Pty  (ASX:APM) 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.

APM Human Services International Pty has the Financial Strength Rank of 4.


APM Human Services International Pty Financial Strength Related Terms

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APM Human Services International Pty Business Description

Traded in Other Exchanges
N/A
Address
58 Ord Street, West Perth, Perth, WA, AUS, 6005
APM Human Services International, on behalf of government bodies, provides services to assist job seekers in finding suitable employment, particularly those with a disability, injury, or illness. Services include job search assistance, vocational training, postplacement support, and allied health services such as rehabilitation and mental health. APM earns roughly 35% of revenue from Australia, 15% from Europe, 45% from North America, and the remaining 5% from New Zealand, Singapore, and South Korea.

APM Human Services International Pty Headlines

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