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PT Jakarta International Hotels Dan Development Tbk (ISX:JIHD) Financial Strength : 7 (As of Dec. 2023)


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What is PT Jakarta International Hotels Dan Development Tbk Financial Strength?

PT Jakarta International Hotels Dan Development Tbk has the Financial Strength Rank of 7.

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 Jakarta International Hotels Dan Development Tbk's Interest Coverage for the quarter that ended in Dec. 2023 was 4.78. PT Jakarta International Hotels Dan Development Tbk's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.17. As of today, PT Jakarta International Hotels Dan Development Tbk's Altman Z-Score is 0.89.


Competitive Comparison of PT Jakarta International Hotels Dan Development Tbk's Financial Strength

For the Lodging subindustry, PT Jakarta International Hotels Dan Development 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 Jakarta International Hotels Dan Development Tbk's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PT Jakarta International Hotels Dan Development Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Jakarta International Hotels Dan Development Tbk's Financial Strength falls into.



PT Jakarta International Hotels Dan Development 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 Jakarta International Hotels Dan Development Tbk's Interest Expense for the months ended in Dec. 2023 was Rp-5,051 Mil. Its Operating Income for the months ended in Dec. 2023 was Rp24,132 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp150,021 Mil.

PT Jakarta International Hotels Dan Development Tbk's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*24131.679/-5051.21
=4.78

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

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

PT Jakarta International Hotels Dan Development Tbk's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(119595.279 + 150020.949) / 1619777.288
=0.17

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 Jakarta International Hotels Dan Development Tbk has a Z-score of 0.89, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.89 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 Jakarta International Hotels Dan Development Tbk  (ISX:JIHD) 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.

PT Jakarta International Hotels Dan Development Tbk has the Financial Strength Rank of 7.


PT Jakarta International Hotels Dan Development Tbk Financial Strength Related Terms

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PT Jakarta International Hotels Dan Development Tbk (ISX:JIHD) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 52-53, Gedung Artha Graha Lantai 15/15th Floor, Sudirman Central Business District, Jakarta, IDN, 12190
PT Jakarta International Hotels Dan Development Tbk is engaged in the hotel business. The company operates in four segments, namely hotels, which owns and operates several hotels located in Indonesia; real estate, which is involved in the construction of office buildings, shopping malls, trade centers, and lease of office buildings and rooms; telecommunication Services, rendering telecommunication service management, closed fixed network, internet service providers, data center, and managed services and hospitality management services, that manages hotels and other related services. The company earns maximum revenue from the hotel business segment.

PT Jakarta International Hotels Dan Development Tbk (ISX:JIHD) Headlines

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