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PT MAP Boga Adiperkasa Tbk (ISX:MAPB) Financial Strength : 7 (As of Mar. 2024)


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What is PT MAP Boga Adiperkasa Tbk Financial Strength?

PT MAP Boga Adiperkasa 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 MAP Boga Adiperkasa Tbk did not have earnings to cover the interest expense. PT MAP Boga Adiperkasa Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.16. As of today, PT MAP Boga Adiperkasa Tbk's Altman Z-Score is 3.35.


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

For the Restaurants subindustry, PT MAP Boga 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 Boga Adiperkasa Tbk's Financial Strength Distribution in the Restaurants Industry

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

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



PT MAP Boga 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 Boga Adiperkasa Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-8,678 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp-22,273 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp258,279 Mil.

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

PT MAP Boga Adiperkasa Tbk did not have earnings to cover the interest expense.

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

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

PT MAP Boga 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
=(256144 + 258279) / 3150524
=0.16

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 Boga Adiperkasa Tbk has a Z-score of 3.35, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.35 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 Boga Adiperkasa Tbk  (ISX:MAPB) 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 Boga Adiperkasa Tbk has the Financial Strength Rank of 7.


PT MAP Boga Adiperkasa Tbk Financial Strength Related Terms

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PT MAP Boga Adiperkasa Tbk (ISX:MAPB) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav. 86, 27th Floor, Gedung Sahid Sudirman Center, Karet Tengsih, Tanah Abang, Jakarta, IDN, 10220
PT MAP Boga Adiperkasa Tbk is a retail trading of food and beverage company based in Indonesia. It has three reportable segments: Beverages; Foods; and Others. It generate the majority of its revenue from Beverages.

PT MAP Boga Adiperkasa Tbk (ISX:MAPB) Headlines

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