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PT Electronic City Indonesia Tbk (ISX:ECII) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is PT Electronic City Indonesia Tbk Interest Coverage?

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 by its Interest Expense. PT Electronic City Indonesia Tbk's Operating Income for the three months ended in Mar. 2024 was Rp-2,435 Mil. PT Electronic City Indonesia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-334 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Electronic City Indonesia Tbk's Interest Coverage or its related term are showing as below:

ISX:ECII' s Interest Coverage Range Over the Past 10 Years
Min: 1.92   Med: 21.53   Max: 36.6
Current: 1.92


ISX:ECII's Interest Coverage is ranked worse than
80.81% of 761 companies
in the Retail - Cyclical industry
Industry Median: 7.73 vs ISX:ECII: 1.92

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


PT Electronic City Indonesia Tbk Interest Coverage Historical Data

The historical data trend for PT Electronic City Indonesia Tbk's Interest Coverage can be seen below:

* 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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PT Electronic City Indonesia Tbk Interest Coverage Chart

PT Electronic City Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.42 - - 3.76 13.02

PT Electronic City Indonesia Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.13 7.76 - 46.75 -

Competitive Comparison of PT Electronic City Indonesia Tbk's Interest Coverage

For the Specialty Retail subindustry, PT Electronic City Indonesia Tbk's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Electronic City Indonesia Tbk's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Electronic City Indonesia Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Electronic City Indonesia Tbk's Interest Coverage falls into.



PT Electronic City Indonesia Tbk Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

PT Electronic City Indonesia Tbk's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, PT Electronic City Indonesia Tbk's Interest Expense was Rp-1,162 Mil. Its Operating Income was Rp15,125 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp17,556 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*15124.614/-1161.541
=13.02

PT Electronic City Indonesia Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, PT Electronic City Indonesia Tbk's Interest Expense was Rp-334 Mil. Its Operating Income was Rp-2,435 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp19,186 Mil.

PT Electronic City Indonesia Tbk did not have earnings to cover the interest expense.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


PT Electronic City Indonesia Tbk  (ISX:ECII) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


PT Electronic City Indonesia Tbk Interest Coverage Related Terms

Thank you for viewing the detailed overview of PT Electronic City Indonesia Tbk's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Electronic City Indonesia Tbk (ISX:ECII) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav 52-53 Lot 22, Sudirman Central Business District, Jakarta Selatan, Jakarta, IDN, 12190
PT Electronic City Indonesia Tbk is an Indonesia-based electronics retail company. Its segments consist of the Sales of branded electronic goods, the Rent, commissions for the sale of consignment goods, and others. The company's product is divided into four categories which include Audio-Video, Household appliances, Information technology and mobile devices, and Camera and office equipment. It offers services such as home delivery Service, installation, maintenance and repair, warranty extension, insurance, swap scheme, and alternative financing for customers. Additionally, to provide fast delivery it provides services such as EC Express, EC-service contract, and EC 24-hour repair. The firm generates the majority of revenue from Sales of branded electronic goods segment.

PT Electronic City Indonesia Tbk (ISX:ECII) Headlines

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