PTwit Sumbermasrana Tbk (ISX:SSMS) Interest Expense : Rp-663,129 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is PTwit Sumbermasrana Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PTwit Sumbermasrana Tbk's interest expense for the three months ended in Mar. 2024 was Rp -154,679 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-663,129 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. PTwit Sumbermasrana Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 535,726 Mil. PTwit Sumbermasrana Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -154,679 Mil. PTwit Sumbermasrana Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 3.46. 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.

PTwit Sumbermasrana Tbk Interest Expense Historical Data

The historical data trend for PTwit Sumbermasrana 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.

PTwit Sumbermasrana Tbk Interest Expense Chart

PTwit Sumbermasrana Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-487,548.10

-537,798.17

-510,141.55

-591,367.33

-642,270.12

PTwit Sumbermasrana 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															-133,819.69	-119,749.48	-120,128.71	-268,572.25	-154,678.77

PTwit Sumbermasrana 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-663,129 Mil.

PTwit Sumbermasrana Tbk (ISX:SSMS) Interest Expense Explanation

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

PTwit Sumbermasrana Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-154,679 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp535,726 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp4,622,771 Mil.

PTwit Sumbermasrana 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	*	535726.406	/	-154678.773
	=	3.46

The higher the ratio, the stronger the company's financial strength is.

PTwit Sumbermasrana Tbk (ISX:SSMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sawit Sumbermas Sarana Tbk (ISX:SSMS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

16S:Germany

Address

Jalan H. Udan Said Number 47, Kalimantan Tengah, Pangkalan Bun, IDN, 74113

Website

https://www.ssms.co.id

PT Sawit Sumbermas Sarana Tbk operates several palm oil plantations and mills in Southeast Asia. It acquired land by either purchasing, obtaining land permits, or through a licensing process. The company harvests and processes the crops into crude palm oil, palm kernels, and palm kernel oil. Performance and plantation management is consistently monitored by agronomists, plant engineers, and experienced management. To achieve optimal capacity at its mills, the company may purchase crude palm oil from local farmers. It markets, sells, and distributes products directly to consumers and implemented a system where its sales team negotiates the price and delivery terms for each sale.

PTwit Sumbermasrana Tbk (ISX:SSMS) Headlines

No Headlines