What is PT Indofood CBP Sukses Makmur Tbk Financial Strength?
PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 9.58.
PT Indofood CBP Sukses Makmur Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.57.
As of today, PT Indofood CBP Sukses Makmur Tbk's Altman Z-Score is 2.82.
Competitive Comparison of PT Indofood CBP Sukses Makmur Tbk's Financial Strength
For the Packaged Foods subindustry, PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's Financial Strength Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Indofood CBP Sukses Makmur Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Indofood CBP Sukses Makmur Tbk's Financial Strength falls into.
PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk's Interest Expense for the
months ended in Mar. 2024 was €-30 Mil. Its Operating Income for the
months ended in Mar. 2024 was €287 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2,640 Mil.
PT Indofood CBP Sukses Makmur Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
PT Indofood CBP Sukses Makmur 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 Indofood CBP Sukses Makmur Tbk has a Z-score of 2.82, indicating it is in Grey Zones. This implies that PT Indofood CBP Sukses Makmur 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 2.82 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 Indofood CBP Sukses Makmur Tbk (STU:48I) Business Description
Traded in Other Exchanges
Address
Jalan. Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 23rd Floor, Jakarta, IDN, 12910
PT Indofood CBP Sukses Makmur Tbk is a consumer products company. The company has more than 40 product brands in diverse business segments: such as noodles, dairy, food seasoning, snack foods, nutrition, and special foods and beverages. The company also produces packaging to support its main businesses. Its main market is Indonesia; additionally, its products are present in more than 60 countries globally. The noodles division offers halal-certified noodles, sauces, and instant seasoning; its main brands are Indomie, Supermi, Sarimi, and Sakura.
PT Indofood CBP Sukses Makmur Tbk (STU:48I) Headlines
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