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PT MAP Aktif Adiperkasa Tbk (ISX:MAPA) Financial Strength : 8 (As of Mar. 2024)


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What is PT MAP Aktif Adiperkasa Tbk Financial Strength?

PT MAP Aktif Adiperkasa Tbk has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

PT MAP Aktif Adiperkasa Tbk shows strong financial strength.

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 MAP Aktif Adiperkasa Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 9.16. PT MAP Aktif Adiperkasa Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.18. As of today, PT MAP Aktif Adiperkasa Tbk's Altman Z-Score is 5.47.


Competitive Comparison of PT MAP Aktif Adiperkasa Tbk's Financial Strength

For the Specialty Retail subindustry, PT MAP Aktif Adiperkasa 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 MAP Aktif Adiperkasa Tbk's Financial Strength Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT MAP Aktif Adiperkasa Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT MAP Aktif Adiperkasa Tbk's Financial Strength falls into.



PT MAP Aktif Adiperkasa 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 MAP Aktif Adiperkasa Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-44,211 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp405,045 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,018,194 Mil.

PT MAP Aktif Adiperkasa Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*405045/-44211
=9.16

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

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

PT MAP Aktif Adiperkasa Tbk's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1698116 + 1018194) / 14772488
=0.18

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 MAP Aktif Adiperkasa Tbk has a Z-score of 5.47, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.47 is strong.

* 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 MAP Aktif Adiperkasa Tbk  (ISX:MAPA) 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 MAP Aktif Adiperkasa Tbk has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


PT MAP Aktif Adiperkasa Tbk Financial Strength Related Terms

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PT MAP Aktif Adiperkasa Tbk (ISX:MAPA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman kav. 86, 26th Floor, Sahid Sudirman Center - Sahid City, Central Jakarta, Jakarta, IDN, 10220
PT MAP Aktif Adiperkasa Tbk is a sports goods retailer. The company operates sports and kids shops including Planet Sports, Sports Station, Kidz Station, Golf House, Planet Sports, Planet Kids, and Planet Sports for women. Its business segments consist of the Retail segment and Non-Retail segment. The company generates maximum revenue from the Retail sales segment.

PT MAP Aktif Adiperkasa Tbk (ISX:MAPA) Headlines

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