What is PT Indo Tambangraya Megah Tbk Financial Strength?
PT Indo Tambangraya Megah Tbk has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.
Good Sign:
PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Interest Coverage for the quarter that ended in Dec. 2023 was 142.17.
PT Indo Tambangraya Megah Tbk's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.02.
As of today, PT Indo Tambangraya Megah Tbk's Altman Z-Score is 6.12.
Competitive Comparison of PT Indo Tambangraya Megah Tbk's Financial Strength
For the Thermal Coal subindustry, PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Financial Strength Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Indo Tambangraya Megah Tbk's Financial Strength falls into.
PT Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Interest Expense for the
months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the
months ended in Dec. 2023 was $110 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8 Mil.
PT Indo Tambangraya Megah Tbk's Interest Coverage for the quarter that ended in Dec. 2023 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 Indo Tambangraya Megah 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 Indo Tambangraya Megah Tbk's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 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 Indo Tambangraya Megah Tbk has a Z-score of 6.12, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 6.12 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 Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description
Traded in Other Exchanges
Address
Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310
PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.
PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ITAYY has been successfully added to your