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PT Bank Mestika Dharma Tbk (ISX:BBMD) Financial Strength : 7 (As of Mar. 2024)


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What is PT Bank Mestika Dharma Tbk Financial Strength?

PT Bank Mestika Dharma 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.

GuruFocus does not calculate PT Bank Mestika Dharma Tbk's interest coverage with the available data. PT Bank Mestika Dharma Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


PT Bank Mestika Dharma 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 Bank Mestika Dharma Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-69,452 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil.

PT Bank Mestika Dharma 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.

Good Sign:

PT Bank Mestika Dharma Tbk has no debt.

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

PT Bank Mestika Dharma 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
=(0 + 0) / 1001102.116
=0.00

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.

Altman Z-Score does not apply to banks and insurance companies.

* 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 Bank Mestika Dharma Tbk  (ISX:BBMD) 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 Bank Mestika Dharma Tbk has the Financial Strength Rank of 7.


PT Bank Mestika Dharma Tbk Financial Strength Related Terms

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PT Bank Mestika Dharma Tbk (ISX:BBMD) Business Description

Traded in Other Exchanges
N/A
Address
Jalan H. Zainul Arifin No. 118, Mestika Building, Sumatera Utara, Medan, IDN, 20112
PT Bank Mestika Dharma Tbk is engaged in providing banking services. It offers current accounts, saving products, time deposits, consumer loans, and other services. In addition, it also provides internet banking, SMS banking, Mestika ATM card, safe deposit box, money changer, telegraphic transfer, western union, import tax payments, tax payment facility, e-channel facilities, virtual account, transfer and other services. The company's business segments are based on the geographical basis, Sumatera and In addition to Sumatera, of which the majority of the revenue is derived from Sumatera.