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PT Bentoel Internasional Investama Tbk (ISX:RMBA) Financial Strength : 0 (As of Sep. 2023)


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What is PT Bentoel Internasional Investama Tbk Financial Strength?

PT Bentoel Internasional Investama Tbk has the Financial Strength Rank of 0.

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 Bentoel Internasional Investama Tbk's Interest Coverage for the quarter that ended in Sep. 2023 was 137.56. PT Bentoel Internasional Investama Tbk's debt to revenue ratio for the quarter that ended in Sep. 2023 was 0.00. As of today, PT Bentoel Internasional Investama Tbk's Altman Z-Score is 3.53.


Competitive Comparison of PT Bentoel Internasional Investama Tbk's Financial Strength

For the Tobacco subindustry, PT Bentoel Internasional Investama 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 Bentoel Internasional Investama Tbk's Financial Strength Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, PT Bentoel Internasional Investama Tbk's Financial Strength distribution charts can be found below:

* The bar in red indicates where PT Bentoel Internasional Investama Tbk's Financial Strength falls into.



PT Bentoel Internasional Investama 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 Bentoel Internasional Investama Tbk's Interest Expense for the months ended in Sep. 2023 was Rp-2,712 Mil. Its Operating Income for the months ended in Sep. 2023 was Rp373,066 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was Rp31,588 Mil.

PT Bentoel Internasional Investama Tbk's Interest Coverage for the quarter that ended in Sep. 2023 is

Interest Coverage=-1*Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*373066/-2712
=137.56

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 Bentoel Internasional Investama 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 Bentoel Internasional Investama Tbk's Debt to Revenue Ratio for the quarter that ended in Sep. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8996 + 31588) / 9544016
=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.

PT Bentoel Internasional Investama Tbk has a Z-score of 3.53, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 3.53 is strong.

* 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 Bentoel Internasional Investama Tbk  (ISX:RMBA) 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 Bentoel Internasional Investama Tbk has the Financial Strength Rank of 0.


PT Bentoel Internasional Investama Tbk Financial Strength Related Terms

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PT Bentoel Internasional Investama Tbk (ISX:RMBA) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gatot Subroto Kav. 18, Capital Place Office Tower, 6th Floor, South Jakarta, Jakarta, IDN, 12710
PT Bentoel Internasional Investama Tbk is a cigarette manufacturing company. It is involved in the business of manufacturing, marketing, and distribution of a diverse range of tobacco products. Its products include Han- made Kretek, regular machine made Kretek, Mild machine made Kretek and Machine made white cigarettes. The firm's brand portfolio includes Dunhill filter, Dunhill Mild, Club Mild and Lucky strike Mild brands. It also manufactures and produces local brands such as Neo mild, Tali Jagat etc.

PT Bentoel Internasional Investama Tbk (ISX:RMBA) Headlines

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