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PT Pembangunan Perumahan Presisi Tbk (ISX:PPRE) Financial Strength : 5 (As of Mar. 2024)


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What is PT Pembangunan Perumahan Presisi Tbk Financial Strength?

PT Pembangunan Perumahan Presisi Tbk has the Financial Strength Rank of 5.

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 Presisi Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 1.22. PT Pembangunan Perumahan Presisi Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.51. As of today, PT Pembangunan Perumahan Presisi Tbk's Altman Z-Score is 1.13.


Competitive Comparison of PT Pembangunan Perumahan Presisi Tbk's Financial Strength

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

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

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



PT Pembangunan Perumahan Presisi 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 Presisi Tbk's Interest Expense for the months ended in Mar. 2024 was Rp-61,358 Mil. Its Operating Income for the months ended in Mar. 2024 was Rp74,820 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp666,651 Mil.

PT Pembangunan Perumahan Presisi 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*74819.879/-61357.657
=1.22

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

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

PT Pembangunan Perumahan Presisi 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
=(1033760.033 + 666650.557) / 3361241.94
=0.51

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 Presisi Tbk has a Z-score of 1.13, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 1.13 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 Presisi Tbk  (ISX:PPRE) 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 Presisi Tbk has the Financial Strength Rank of 5.


PT Pembangunan Perumahan Presisi Tbk Financial Strength Related Terms

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PT Pembangunan Perumahan Presisi Tbk (ISX:PPRE) Business Description

Traded in Other Exchanges
N/A
Address
Jalan. TB Simatupang No. 57, Plaza PP, Wisma Robinson, 3rd Floor, Pasar Rebo, Jakarta Timur, Jakarta, IDN, 13760
PT Pembangunan Perumahan Presisi Tbk is an Indonesia-based company engaged in the construction business. The company offers civil work, ready-mix, foundation work, erector, formwork, and heavy equipment rental services, as well as technical support services. Its segments include Heavy Equipment Rental; Ready-Mix; and Construction. It derives revenue from the Construction segment that consists of civil work (including the rigid pavement), foundation, formwork, and erector. This business segment serves construction works of toll roads, non-toll roads, airports, ports, dams, high-rise buildings, and power plants.

PT Pembangunan Perumahan Presisi Tbk (ISX:PPRE) Headlines

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