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PT Mitra Pedagang Indonesia Tbk (ISX:MPIX) Interest Coverage : 0 (At Loss) (As of . 20)


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What is PT Mitra Pedagang 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 Mitra Pedagang Indonesia Tbk's Operating Income for the six months ended in . 20 was Rp0.00 Mil. PT Mitra Pedagang Indonesia Tbk's Interest Expense for the six months ended in . 20 was Rp0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


ISX:MPIX's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.29
* Ranked among companies with meaningful Interest Coverage only.

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 Mitra Pedagang Indonesia Tbk Interest Coverage Historical Data

The historical data trend for PT Mitra Pedagang 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.

* Premium members only.

PT Mitra Pedagang Indonesia Tbk Interest Coverage Chart

PT Mitra Pedagang Indonesia Tbk Annual Data
Trend
Interest Coverage

PT Mitra Pedagang Indonesia Tbk Semi-Annual Data
Interest Coverage

Competitive Comparison of PT Mitra Pedagang Indonesia Tbk's Interest Coverage

For the Software - Infrastructure subindustry, PT Mitra Pedagang 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 Mitra Pedagang Indonesia Tbk's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, PT Mitra Pedagang Indonesia Tbk's Interest Coverage distribution charts can be found below:

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


PT Mitra Pedagang 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 Mitra Pedagang Indonesia Tbk's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, PT Mitra Pedagang Indonesia Tbk's Interest Expense was Rp0.00 Mil. Its Operating Income was Rp0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0.00 Mil.

PT Mitra Pedagang Indonesia Tbk had no debt (1).

PT Mitra Pedagang Indonesia Tbk's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, PT Mitra Pedagang Indonesia Tbk's Interest Expense was Rp0.00 Mil. Its Operating Income was Rp0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0.00 Mil.

PT Mitra Pedagang Indonesia Tbk had no debt (1).

* 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 Mitra Pedagang Indonesia Tbk  (ISX:MPIX) 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 Mitra Pedagang Indonesia Tbk Interest Coverage Related Terms

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PT Mitra Pedagang Indonesia Tbk (ISX:MPIX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Mitra Pedagang Indonesia Tbk (ISX:MPIX) » Definitions » Interest Coverage
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Traded in Other Exchanges
N/A
Address
Jalan Halim Perdana Kusuma, 2nd Floor, Ruko Khayangan Residence Blok RA-11, East Java, Bangkalan, IDN, 69119
Website
https://www.mpstore.co.id
PT Mitra Pedagang Indonesia Tbk is a solution provider for daily digital payments and transactions that helps MSMEs digitize traditional businesses by providing faster access through the "MPStore SuperApp MSME" platform. MPStore platform offers various products and services that can help MSMEs in various important aspects, namely in the form of (i) Digital Product Aggregator and Payment Channel, (ii) QRIS Merchant Services for MSMEs, (iii) Free Online Cashier Services, (iv) Services (Street Banking /MINI ATM), (v) E-commerce & E-grocery Services (Kulakan) (vi) Logistics Agent Services, (vii) Capital Access Services (People's Business Credit), (viii) to Quick commerce mini web to make it easier for MSMEs to sell to customers.

PT Mitra Pedagang Indonesia Tbk (ISX:MPIX) Headlines

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