PT Bayan Resources Tbk (ISX:BYAN) Interest Coverage : 49.82 (As of Mar. 2024)

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What is PT Bayan Resources 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 Bayan Resources Tbk's Operating Income for the three months ended in Mar. 2024 was Rp4,455,731 Mil. PT Bayan Resources Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-89,428 Mil. PT Bayan Resources Tbk's interest coverage for the quarter that ended in Mar. 2024 was 49.82. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Bayan Resources Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

ISX:BYAN' s Interest Coverage Range Over the Past 10 Years
Min: 0.97 Med: 37.17 Max: 9429.99
Current: 133.73

ISX:BYAN's Interest Coverage is ranked better than
68.99% of 129 companies
in the Other Energy Sources industry
Industry Median: 22.35 vs ISX:BYAN: 133.73

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 Bayan Resources Tbk Interest Coverage Historical Data

The historical data trend for PT Bayan Resources 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 Bayan Resources Tbk Interest Coverage Chart

PT Bayan Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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37.17

9.23

102.99

9,429.99

376.74

PT Bayan Resources Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															875.64	178.85	4,301.46	211.38	49.82

Competitive Comparison of PT Bayan Resources Tbk's Interest Coverage

For the Thermal Coal subindustry, PT Bayan Resources 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 Bayan Resources Tbk's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bayan Resources Tbk's Interest Coverage distribution charts can be found below:

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

PT Bayan Resources 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 Bayan Resources 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 Bayan Resources Tbk's Interest Expense was Rp-65,765 Mil. Its Operating Income was Rp24,776,183 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	24776182.908	/	-65764.626
	=	376.74

PT Bayan Resources 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 Bayan Resources Tbk's Interest Expense was Rp-89,428 Mil. Its Operating Income was Rp4,455,731 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	4455730.664	/	-89428.175
	=	49.82

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

PT Bayan Resources Tbk (ISX:BYAN) 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 Bayan Resources Tbk Interest Coverage Related Terms

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

PT Bayan Resources Tbk (ISX:BYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bayan Resources Tbk (ISX:BYAN) » Definitions » Interest Coverage

Traded in Other Exchanges

BNB:Germany

Address

Jalan Senopati No. 8B, Senayan, Office 8 Building, 37th Floor, Unit A-H, Kebayoran Baru, Jakarta Selatan, Jakarta, IDN, 12190

Website

https://www.bayan.com.sg

PT Bayan Resources Tbk is a coal producer. The company integrates coal mining, processing, and logistic operations including mining to port service management, coal loading, barging, contractor, and heavy equipment rentals. Its segments include Coal and Non-coal. The company's majority of revenue is generated by the sale of coal segment. Geographically, it derives a majority of its revenue from South East Asia and also has a presence in East Asia; Europe, the United States and South America, and South Asia.

PT Bayan Resources Tbk (ISX:BYAN) Headlines

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