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PT Alkindo Naratama Tbk (ISX:ALDO) Interest Expense : Rp-44,605 Mil (TTM As of Mar. 2024)


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What is PT Alkindo Naratama Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Alkindo Naratama Tbk's interest expense for the three months ended in Mar. 2024 was Rp -11,302 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-44,605 Mil.

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. PT Alkindo Naratama Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 30,494 Mil. PT Alkindo Naratama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -11,302 Mil. PT Alkindo Naratama Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 2.70. The higher the ratio, the stronger the company's financial strength is. 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 Alkindo Naratama Tbk Interest Expense Historical Data

The historical data trend for PT Alkindo Naratama Tbk's Interest Expense 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.

* Premium members only.

PT Alkindo Naratama Tbk Interest Expense Chart

PT Alkindo Naratama Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21,611.32 -16,276.02 -12,759.33 -15,523.45 -42,658.22

PT Alkindo Naratama Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 -9,355.21 -11,212.14 -11,066.93 -11,023.95 -11,301.89

PT Alkindo Naratama Tbk Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp-44,605 Mil.

* 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.


PT Alkindo Naratama Tbk  (ISX:ALDO) Interest Expense Explanation

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. The higher, the better.

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 Alkindo Naratama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-11,302 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp30,494 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp220,374 Mil.

PT Alkindo Naratama Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*30494.039/-11301.894
=2.70

* 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 Alkindo Naratama Tbk (ISX:ALDO) Business Description

Traded in Other Exchanges
N/A
Address
JL. Industri Cimareme II No. 14, Cimerang, Padalarang, Bandung Barat, IDN, 40553
PT Alkindo Naratama Tbk is engaged in manufacturing converted paper products. The company has four business segments namely Paper converting, Chemical, Polymer, and Paper. The company produces various types of paper products namely paper core, paper tube, honeycomb products, edge protector and paper box. The paper core segment includes STD core, WG core, SPC core and prime core. Paper tube includes the POY, DTY and FDY paper tube which are custom specific and packaged as per client requirement. Honeycomb products include pallets and boxes, layer and pad, honeycomb core for furniture and textile board/spacer.

PT Alkindo Naratama Tbk (ISX:ALDO) Headlines

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