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PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Financial Strength : 4 (As of . 20)


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What is PT Multikarya Asia Pasifik Raya Tbk Financial Strength?

PT Multikarya Asia Pasifik Raya Tbk has the Financial Strength Rank of 4.

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 Multikarya Asia Pasifik Raya Tbk did not have earnings to cover the interest expense. As of today, PT Multikarya Asia Pasifik Raya Tbk's Altman Z-Score is 0.00.


Competitive Comparison of PT Multikarya Asia Pasifik Raya Tbk's Financial Strength

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Financial Strength falls into.



PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk's Interest Expense for the months ended in . 20 was Rp0.00 Mil. Its Operating Income for the months ended in . 20 was Rp0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was Rp0.00 Mil.

PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage for the quarter that ended in . 20 is

PT Multikarya Asia Pasifik Raya Tbk had no long-term debt (1).

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

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

PT Multikarya Asia Pasifik Raya Tbk's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

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 Multikarya Asia Pasifik Raya Tbk has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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 Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) 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 Multikarya Asia Pasifik Raya Tbk has the Financial Strength Rank of 4.


PT Multikarya Asia Pasifik Raya Tbk Financial Strength Related Terms

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PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan TB Simatupang No 02, Cibis Nine lt 16, South Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in manufacturing, trading services, rental, repair, pump spare parts for the oil and gas & mining industry.

PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Headlines

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