PT Terang Dunia Internusa Tbk (ISX:UNTD) Interest Coverage : 1.32 (As of Mar. 2024)

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What is PT Terang Dunia Internusa 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 Terang Dunia Internusa Tbk's Operating Income for the three months ended in Mar. 2024 was Rp15,475 Mil. PT Terang Dunia Internusa Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-11,724 Mil. PT Terang Dunia Internusa Tbk's interest coverage for the quarter that ended in Mar. 2024 was 1.32. The higher the ratio, the stronger the company's financial strength is.

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

ISX:UNTD' s Interest Coverage Range Over the Past 10 Years
Min: 1.32 Med: 2.84 Max: 3.13
Current: 1.32

ISX:UNTD's Interest Coverage is ranked worse than
89.72% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 7.73 vs ISX:UNTD: 1.32

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 Terang Dunia Internusa Tbk Interest Coverage Historical Data

The historical data trend for PT Terang Dunia Internusa 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 Terang Dunia Internusa Tbk Interest Coverage Chart

PT Terang Dunia Internusa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Interest Coverage

3.13

2.55

2.84

PT Terang Dunia Internusa Tbk Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jul23	Mar24
Interest Coverage	Get a 7-Day Free Trial			N/A	N/A	5.53	N/A	1.32

Competitive Comparison of PT Terang Dunia Internusa Tbk's Interest Coverage

For the Auto Manufacturers subindustry, PT Terang Dunia Internusa 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 Terang Dunia Internusa Tbk's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Terang Dunia Internusa Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Terang Dunia Internusa Tbk's Interest Coverage falls into.

PT Terang Dunia Internusa 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 Terang Dunia Internusa Tbk's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, PT Terang Dunia Internusa Tbk's Interest Expense was Rp-31,354 Mil. Its Operating Income was Rp89,043 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp68,684 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	89043.251	/	-31353.966
	=	2.84

PT Terang Dunia Internusa 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 Terang Dunia Internusa Tbk's Interest Expense was Rp-11,724 Mil. Its Operating Income was Rp15,475 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp123,910 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	15475.074	/	-11723.872
	=	1.32

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

PT Terang Dunia Internusa Tbk (ISX:UNTD) 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 Terang Dunia Internusa Tbk Interest Coverage Related Terms

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