What is PT Pabrik Kertas Tjiwi Kimia Tbk Financial Strength?
PT Pabrik Kertas Tjiwi Kimia Tbk has the Financial Strength Rank of 6.
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 Pabrik Kertas Tjiwi Kimia Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 3.04.
PT Pabrik Kertas Tjiwi Kimia Tbk's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.82.
As of today, PT Pabrik Kertas Tjiwi Kimia Tbk's Altman Z-Score is 2.15.
Competitive Comparison of PT Pabrik Kertas Tjiwi Kimia Tbk's Financial Strength
For the Paper & Paper Products subindustry, PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk's Financial Strength Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, PT Pabrik Kertas Tjiwi Kimia Tbk's Financial Strength distribution charts can be found below:
* The bar in red indicates where PT Pabrik Kertas Tjiwi Kimia Tbk's Financial Strength falls into.
PT Pabrik Kertas Tjiwi Kimia 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 Pabrik Kertas Tjiwi Kimia Tbk's Interest Expense for the
months ended in Mar. 2024 was Rp-171,904 Mil. Its Operating Income for the
months ended in Mar. 2024 was Rp523,095 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp8,256,852 Mil.
PT Pabrik Kertas Tjiwi Kimia Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
PT Pabrik Kertas Tjiwi Kimia Tbk's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 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 Pabrik Kertas Tjiwi Kimia Tbk has a Z-score of 2.15, indicating it is in Grey Zones. This implies that PT Pabrik Kertas Tjiwi Kimia 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 2.15 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 Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Business Description
Traded in Other Exchanges
Address
Jalan M.H. Thamrin No. 51, Sinarmas Land Plaza, Tower II, 9th Floor, Jakarta, IDN, 10350
PT Pabrik Kertas Tjiwi Kimia Tbk is engaged in paper and stationery manufacturing with its main product such as printed paper, coated, and carbonless. The company also produces a wide range of converted stationery and office products such as exercise books, writing pad, loose-leaf, spiral, envelope, computer form, gift wrapping paper, and shopping bag. It operates in two business segments that are Cultural paper products, and Industrial paper products and others. The Cultural paper products segment consists primarily of printing and writing paper and related paper products; the Industrial paper segment consists of fluting medium paper and carton boxes; The other product segment includes the sale of the chemical by-product.
PT Pabrik Kertas Tjiwi Kimia Tbk (ISX:TKIM) Headlines
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