Summary: PT Kawasan Industri Jababeka Tbk. - S&P Global Ratings’ Credit Research

Summary: PT Kawasan Industri Jababeka Tbk.

Summary: PT Kawasan Industri Jababeka Tbk. - S&P Global Ratings’ Credit Research
Summary: PT Kawasan Industri Jababeka Tbk.
Published Apr 23, 2014
1746 words — Published Apr 23, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Our 'B+' long-term corporate credit rating on PT Kawasan Industri Jababeka Tbk. (KIJA) is derived from: Our 'b+' anchor, which is based on our assessment that the company's business risk profile is "weak" and its financial risk profile is "aggressive." Modifiers had no impact on the rating. Established industrial estate developer. Execution risk associated with rapid expansion. Large and low-cost land bank with a flexible and scalable land sale plan. Increasing recurring income from complementary infrastructure services. Increasing capital requirements for expansion. Volatile cash flows from the cyclical property development segment. Adequate liquidity. The stable outlook reflects our expectation that KIJA will benefit from steady land sales at good margins and smooth operations at its power plant. We could lower

  
Brief Excerpt:

RESEARCH Summary: PT Kawasan Industri Jababeka Tbk. Publication date: 23-Apr-2014 Primary Credit Analyst: Kah Ling Chan, Singapore (65) 6239-6336; kahling.chan@standardandpoors.com Secondary Contact: Wee Khim Loy, Singapore (65) 6239-6303;...

  
Report Type:

Summary

Issuer
PT Kawasan Industri Jababeka Tbk.
Sector
Global Issuers, Structured Finance
Country
Indonesia
Region
Emerging Markets
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: PT Kawasan Industri Jababeka Tbk." Apr 23, 2014. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-PT-Kawasan-Industri-Jababeka-Tbk-1301526>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: PT Kawasan Industri Jababeka Tbk. Apr 23, 2014. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-PT-Kawasan-Industri-Jababeka-Tbk-1301526>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.