What is PT Jaya Real Property Tbk Financial Strength?
PT Jaya Real Property Tbk has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
PT Jaya Real Property Tbk shows strong financial strength.
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 Jaya Real Property Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 10,656.03.
PT Jaya Real Property Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00.
As of today, PT Jaya Real Property Tbk's Altman Z-Score is 2.67.
Competitive Comparison of PT Jaya Real Property Tbk's Financial Strength
For the Real Estate - Development subindustry, PT Jaya Real Property 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 Jaya Real Property Tbk's Financial Strength Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, PT Jaya Real Property Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Jaya Real Property Tbk's Financial Strength falls into.
PT Jaya Real Property 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 Jaya Real Property Tbk's Interest Expense for the
months ended in Mar. 2024 was Rp-20 Mil. Its Operating Income for the
months ended in Mar. 2024 was Rp217,926 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil.
PT Jaya Real Property 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:
Ben Graham prefers companies' interest coverage to be at least 5. PT Jaya Real Property Tbk has enough cash to cover all of its debt. Its financial situation is stable.
2. Debt to revenue ratio. The lower, the better.
PT Jaya Real Property 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 Jaya Real Property Tbk has a Z-score of 2.67, indicating it is in Grey Zones. This implies that PT Jaya Real Property 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 2.67 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 Jaya Real Property Tbk (ISX:JRPT) Business Description
Traded in Other Exchanges
N/A
Address
Boulevard Bintaro Jaya, CBD Emerald Blok CE/A No. 01, Tangerang, IDN, 15227
PT Jaya Real Property Tbk is a property development company engaged in the development of housing and industrial estate, the development of infrastructure and public facilities, and the provision of supporting services. The company is developing housing and managing property business in the area of Jakarta Selatan and Tangerang which includes land clearance, real estate developments, and tenancy of shopping centers. Its portfolio of properties includes Plaza Bintaro Jaya, Plaza Slipi Jaya, Bintaro Jaya Xchange Mall, BX Rink, BTC and Pasar Modern, and Senen Jaya Wholesale Center, among others. The company operates in two business segments namely, sales of land and buildings and rental and other services. The majority of the revenue is earned from the sales of land and buildings.
PT Jaya Real Property Tbk (ISX:JRPT) Headlines
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