GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Pradiksi Gunatama Tbk (ISX:PGUN) » Definitions » Interest Coverage

PT Pradiksi Gunatama Tbk (ISX:PGUN) Interest Coverage : 1.46 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Operating Income for the three months ended in Mar. 2024 was Rp16,594 Mil. PT Pradiksi Gunatama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-11,356 Mil. PT Pradiksi Gunatama Tbk's interest coverage for the quarter that ended in Mar. 2024 was 1.46. The higher the ratio, the stronger the company's financial strength is.

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

ISX:PGUN' s Interest Coverage Range Over the Past 10 Years
Min: 0.68   Med: 2.27   Max: 3.8
Current: 3.73


ISX:PGUN's Interest Coverage is ranked worse than
68.28% of 1381 companies
in the Consumer Packaged Goods industry
Industry Median: 8.66 vs ISX:PGUN: 3.73

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 Pradiksi Gunatama Tbk Interest Coverage Historical Data

The historical data trend for PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk Interest Coverage Chart

PT Pradiksi Gunatama Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
0.68 - 0.81 3.73 3.80

PT Pradiksi Gunatama Tbk Quarterly Data
Dec19 Dec20 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 1.89 4.59 8.75 0.81 1.46

Competitive Comparison of PT Pradiksi Gunatama Tbk's Interest Coverage

For the Farm Products subindustry, PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Pradiksi Gunatama Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Pradiksi Gunatama Tbk's Interest Coverage falls into.



PT Pradiksi Gunatama 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 Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Interest Expense was Rp-50,409 Mil. Its Operating Income was Rp191,798 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp487,921 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*191797.961/-50408.783
=3.80

PT Pradiksi Gunatama 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 Pradiksi Gunatama Tbk's Interest Expense was Rp-11,356 Mil. Its Operating Income was Rp16,594 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp455,561 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*16593.692/-11355.789
=1.46

* 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 Pradiksi Gunatama Tbk  (ISX:PGUN) 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 Pradiksi Gunatama Tbk Interest Coverage Related Terms

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


PT Pradiksi Gunatama Tbk (ISX:PGUN) Business Description

Traded in Other Exchanges
N/A
Address
State Road KM, East Kalimantan Province, Paser Regency, 44 District. Batu Enau, Samarinda, IDN, 76261
PT Pradiksi Gunatama Tbk is an oil palm plantation and the construction sector company. Its products include Crude Palm Oil, Palm kernel, Palm kernel shell, Palm Acid Oil.

PT Pradiksi Gunatama Tbk (ISX:PGUN) Headlines

No Headlines