What is PT Leyand International Tbk Financial Strength?
PT Leyand International Tbk has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
PT Leyand International Tbk 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.
PT Leyand International Tbk did not have earnings to cover the interest expense.
PT Leyand International Tbk's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.49.
As of today, PT Leyand International Tbk's Altman Z-Score is -1.47.
Competitive Comparison of PT Leyand International Tbk's Financial Strength
For the Utilities - Independent Power Producers subindustry, PT Leyand International 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 Leyand International Tbk's Financial Strength Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PT Leyand International Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Leyand International Tbk's Financial Strength falls into.
PT Leyand International 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.
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:
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 Leyand International Tbk has a Z-score of -1.47, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
Warning Sign:
Altman Z-score of -1.47 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 Leyand International Tbk (ISX:LAPD) 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 Leyand International Tbk has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
PT Leyand International Tbk Financial Strength Related Terms
Thank you for viewing the detailed overview of PT Leyand International Tbk's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Leyand International Tbk is engaged in the power plant and energy industry in Medan, Palembang, and Pontianak. Its activities include power plant management; gas, oil, and fuel trade and distribution, and provision of consulting services. The company and subsidiaries' segment operations have been classified into the main business operation of Electricity sales and Genset rent. It derives most of its revenues from Electricity sales. The group's customer is located in Indonesia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ISX:LAPD has been successfully added to your