What is PT Indonesia Prima Property Tbk Financial Strength?
PT Indonesia Prima Property Tbk has the Financial Strength Rank of 6.
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 Indonesia Prima Property Tbk did not have earnings to cover the interest expense.
PT Indonesia Prima Property Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.91.
As of today, PT Indonesia Prima Property Tbk's Altman Z-Score is 2.23.
Competitive Comparison of PT Indonesia Prima Property Tbk's Financial Strength
For the Real Estate Services subindustry, PT Indonesia Prima Property 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 Indonesia Prima Property Tbk's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Indonesia Prima Property Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Indonesia Prima Property Tbk's Financial Strength falls into.
PT Indonesia Prima Property 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 Indonesia Prima Property Tbk's Interest Expense for the
months ended in Mar. 2024 was Rp-1,437 Mil. Its Operating Income for the
months ended in Mar. 2024 was Rp-30,932 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp31,401 Mil.
PT Indonesia Prima Property Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is
| PT Indonesia Prima Property 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 Indonesia Prima Property Tbk's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is
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 Indonesia Prima Property Tbk has a Z-score of 2.23, indicating it is in Grey Zones. This implies that PT Indonesia Prima Property Tbk is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.
Warning Sign:
Altman Z-score of 2.23 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.
* 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 Indonesia Prima Property Tbk (ISX:OMRE) Business Description
Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 34, Karet Tengsin, Tanah Abang, Jakarta Pusat, IDN, 10220
PT Indonesia Prima Property Tbk is a property management company in Indonesia. It firm engages in the construction and development of housing and apartment complexes and hotels, including their supporting facilities. It operates through four main segments namely, Shopping center space rental, Rental and sale of the apartment, Hotel, and Sale of residential. Geographically it operates in Indonesia and most of its revenue is derived from the hotel segment.
PT Indonesia Prima Property Tbk (ISX:OMRE) Headlines
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