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PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Financial Strength : 4 (As of Mar. 2024)


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What is PT Pembangunan Perumahan (Persero) Tbk Financial Strength?

PT Pembangunan Perumahan (Persero) 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 Pembangunan Perumahan (Persero) Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 0.93. PT Pembangunan Perumahan (Persero) Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 1.02. As of today, PT Pembangunan Perumahan (Persero) Tbk's Altman Z-Score is 0.57.


Competitive Comparison of PT Pembangunan Perumahan (Persero) Tbk's Financial Strength

For the Engineering & Construction subindustry, PT Pembangunan Perumahan (Persero) 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 Pembangunan Perumahan (Persero) Tbk's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Pembangunan Perumahan (Persero) Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Pembangunan Perumahan (Persero) Tbk's Financial Strength falls into.



PT Pembangunan Perumahan (Persero) 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 Pembangunan Perumahan (Persero) Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-264,742 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp245,716 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp12,365,341 Mil.

PT Pembangunan Perumahan (Persero) Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*245716.341/-264741.755
=0.93

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

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

PT Pembangunan Perumahan (Persero) 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
=(6537815.578 + 12365341.092) / 18446490.328
=1.02

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 Pembangunan Perumahan (Persero) Tbk has a Z-score of 0.57, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.57 is in distress zone. This implies bankruptcy 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 Pembangunan Perumahan (Persero) Tbk  (ISX:PTPP) 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 Pembangunan Perumahan (Persero) Tbk has the Financial Strength Rank of 4.


PT Pembangunan Perumahan (Persero) Tbk Financial Strength Related Terms

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PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjend,TB. Simatupang No. 57, Plaza PP - Gedung Wisma Subiyanto, Pasar Rebo, Jakarta, IDN, 13760
PT Pembangunan Perumahan (Persero) Tbk provides construction services. The company organizes itself into six segments: construction, property and real estate, EPC (engineering, procurement, and construction), precast, equipment, and energy. The construction segments, which contribute a maximum of the revenue, offer public construction services, including building airports, dams, railways, and other structures. In the other segments, the company creates and sells construction equipment and materials, develops and operates buildings, and works on projects in the energy, oil, gas, and mining sectors. The company's headquarters are in Indonesia and derives the majority of its revenue domestically.

PT Pembangunan Perumahan (Persero) Tbk (ISX:PTPP) Headlines

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