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PT Surya Semesta Internusa Tbk (ISX:SSIA) Financial Strength : 7 (As of Sep. 2024)


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What is PT Surya Semesta Internusa Tbk Financial Strength?

PT Surya Semesta Internusa 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 Surya Semesta Internusa Tbk's Interest Coverage for the quarter that ended in Sep. 2024 was 12.93. PT Surya Semesta Internusa Tbk's debt to revenue ratio for the quarter that ended in Sep. 2024 was 0.15. As of today, PT Surya Semesta Internusa Tbk's Altman Z-Score is 2.59.


Competitive Comparison of PT Surya Semesta Internusa Tbk's Financial Strength

For the Engineering & Construction subindustry, PT Surya Semesta Internusa 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 Surya Semesta Internusa Tbk's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Surya Semesta Internusa Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Surya Semesta Internusa Tbk's Financial Strength falls into.



PT Surya Semesta Internusa 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 Surya Semesta Internusa Tbk's Interest Expense for the months ended in Sep. 2024 was Rp-25,671 Mil. Its Operating Income for the months ended in Sep. 2024 was Rp331,967 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp601,450 Mil.

PT Surya Semesta Internusa Tbk's Interest Coverage for the quarter that ended in Sep. 2024 is

Interest Coverage=-1*Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*331966.597/-25671.126
=12.93

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

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

PT Surya Semesta Internusa Tbk's Debt to Revenue Ratio for the quarter that ended in Sep. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(309305.322 + 601450.243) / 6079839.104
=0.15

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 Surya Semesta Internusa Tbk has a Z-score of 2.59, indicating it is in Grey Zones. This implies that PT Surya Semesta Internusa 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 2.59 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 Surya Semesta Internusa Tbk  (ISX:SSIA) 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 Surya Semesta Internusa Tbk has the Financial Strength Rank of 7.


PT Surya Semesta Internusa Tbk Financial Strength Related Terms

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PT Surya Semesta Internusa Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav. 3-4 Kuningan, Tempo Scan Tower, 20th Floor, Jakarta, IDN, 12950
PT Surya Semesta Internusa Tbk is an Indonesian construction company. It operates in three segments. The Property development segment includes the development and management of industrial estates, real estate, buildings, and commercial centers. The Construction segment, which is the key revenue driver, includes general contractor services for commercial buildings, mining, and infrastructure. The hospitality segment includes the development and management of hotels and resorts. The majority of the revenue is from the Construction segment.

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