What is PT Industri Dan Perdagangan Bintraco Dharma Tbk Financial Strength?
PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 6.35.
PT Industri Dan Perdagangan Bintraco Dharma Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.29.
As of today, PT Industri Dan Perdagangan Bintraco Dharma Tbk's Altman Z-Score is 2.39.
Competitive Comparison of PT Industri Dan Perdagangan Bintraco Dharma Tbk's Financial Strength
For the Auto & Truck Dealerships subindustry, PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk's Financial Strength Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PT Industri Dan Perdagangan Bintraco Dharma Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Industri Dan Perdagangan Bintraco Dharma Tbk's Financial Strength falls into.
PT Industri Dan Perdagangan Bintraco 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 Industri Dan Perdagangan Bintraco Dharma Tbk's Interest Expense for the
months ended in Mar. 2024 was Rp-15,087 Mil. Its Operating Income for the
months ended in Mar. 2024 was Rp95,780 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp245,430 Mil.
PT Industri Dan Perdagangan Bintraco 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.
2. Debt to revenue ratio. The lower, the better.
PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk has a Z-score of 2.39, indicating it is in Grey Zones. This implies that PT Industri Dan Perdagangan Bintraco Dharma 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 2.39 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 Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Business Description
Traded in Other Exchanges
N/A
Address
Jalan Sunburst CBD Lot II No. 3, BSD City, Gedung CARSWORLD Lantai 8, Lengkong Gudang, Serpong, Banten, South Tangerang Selatan, IDN, 15321
PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that engages in the automotive, financing, and other businesses. The services of the company include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. The company also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, automotive, financing, and after-sales services.
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