|Bid||1,155.00 x 0|
|Ask||1,160.00 x 0|
|Day's Range||1,095.00 - 1,185.00|
|52 Week Range||610.00 - 1,715.00|
|Beta (5Y Monthly)||1.19|
|PE Ratio (TTM)||96,250.00|
|Earnings Date||Aug 21, 2020 - Aug 25, 2020|
|Forward Dividend & Yield||178.96 (16.27%)|
|Ex-Dividend Date||Jun 04, 2020|
|1y Target Est||0.20|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Adaro Indonesia (P.T.) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service has assigned a Ba1 corporate family rating (CFR) to Adaro Indonesia (P.T.) (AI). In addition, Moody's has assigned a Ba1 rating to the proposed USD senior notes to be issued by the company, which will be guaranteed by its parent Adaro Energy Tbk (P.T.). AI's Ba1 rating reflects the credit quality of its parent Adaro Energy, given the strong operational links between the two companies.
Developers of coal mines and coal-fired power plants in Asia are facing difficulties growing their businesses as global financial institutions refuse to back their projects to avoid criticism over climate change, industry participants said on Tuesday. "Coal power plant financing is very challenging," said Dharma Djojonegoro, Deputy Chief Executive Officer of Indonesia's PT Adaro Power, the power generation unit of the country's second-largest coal miner PT Adaro Energy.