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PT Yanaprima Hastapersada Tbk (ISX:YPAS) Financial Strength : 6 (As of Mar. 2024)


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What is PT Yanaprima Hastapersada Tbk Financial Strength?

PT Yanaprima Hastapersada 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 Yanaprima Hastapersada Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 2.62. PT Yanaprima Hastapersada Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.24. As of today, PT Yanaprima Hastapersada Tbk's Altman Z-Score is 2.44.


Competitive Comparison of PT Yanaprima Hastapersada Tbk's Financial Strength

For the Packaging & Containers subindustry, PT Yanaprima Hastapersada 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 Yanaprima Hastapersada Tbk's Financial Strength Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Yanaprima Hastapersada Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Yanaprima Hastapersada Tbk's Financial Strength falls into.



PT Yanaprima Hastapersada 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 Yanaprima Hastapersada Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-431 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp1,130 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp115 Mil.

PT Yanaprima Hastapersada 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*1130.383/-430.803
=2.62

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

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

PT Yanaprima Hastapersada 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
=(75071.369 + 115.112) / 318712.852
=0.24

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 Yanaprima Hastapersada Tbk has a Z-score of 2.44, indicating it is in Grey Zones. This implies that PT Yanaprima Hastapersada 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 2.44 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 Yanaprima Hastapersada Tbk  (ISX:YPAS) 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 Yanaprima Hastapersada Tbk has the Financial Strength Rank of 6.


PT Yanaprima Hastapersada Tbk Financial Strength Related Terms

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PT Yanaprima Hastapersada Tbk (ISX:YPAS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan H.R. Rasuna Said Block X-1, Kav. 1 - 2, Gedung Graha Irama, Lantai 2-E, Kuningan Timur, Jakarta Selatan, Jakarta, IDN, 12950
PT Yanaprima Hastapersada Tbk is engaged in the packaging and containers business sector. The business company operates in segments that include Plastic Bags, Cement Bags, Roll sheets, Sandwich sheets, and Others. The Plastic Bags segment generates the maximum revenue for the company. The company's product line consists of woven bags, cement bags and paper Bags, block-bottom bags, laminated cloth, tarpaulin, and craft paper. Geographically the company exports its products to the African and Asian markets.

PT Yanaprima Hastapersada Tbk (ISX:YPAS) Headlines

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