What is PT Astra International Tbk Financial Strength?
PT Astra International Tbk has the Financial Strength Rank of 7.
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 Astra International Tbk's Interest Coverage for the quarter that ended in Dec. 2023 was 11.33.
PT Astra International Tbk's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.31.
As of today, PT Astra International Tbk's Altman Z-Score is 2.45.
Competitive Comparison of PT Astra International Tbk's Financial Strength
For the Auto Parts subindustry, PT Astra International 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 Astra International Tbk's Financial Strength Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, PT Astra International Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Astra International Tbk's Financial Strength falls into.
PT Astra International 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 Astra International Tbk's Interest Expense for the
months ended in Dec. 2023 was $-68 Mil. Its Operating Income for the
months ended in Dec. 2023 was $767 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,519 Mil.
PT Astra International 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.
2. Debt to revenue ratio. The lower, the better.
PT Astra International 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 Astra International Tbk has a Z-score of 2.45, indicating it is in Grey Zones. This implies that PT Astra International 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 2.45 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 Astra International Tbk (PT Astra International Tbk) Business Description
Traded in Other Exchanges
Address
Jl. Jend. Sudirman Kav. 5-6, Menara Astra, 59th Floor, Jakarta, IDN, 10220
PT Astra International Tbk Indonesia-based conglomerate of companies operating in seven segments: Automotive, Financial Services, Heavy Equipment, Mining, Construction, and Energy (HEMCE), Agribusiness, Infrastructure and Logistics, Information Technology, and Property. In automotive, Astra International offers car brands including Toyota, Daihatsu, Isuzu, BMW, Peugeot, UD Trucks, and Honda motorcycles. The company also offers car maintenance and services via its distribution network. Financial services support financing for Astra's other business segments. Heavy equipment and mining consist of three core activities: construction machinery, mining contracting, and coal mining.
PT Astra International Tbk (PT Astra International Tbk) Headlines
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