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PT Campina Ice Cream Industry Tbk (ISX:CAMP) Interest Coverage : 101.88 (As of Dec. 2023)


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What is PT Campina Ice Cream Industry 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 Campina Ice Cream Industry Tbk's Operating Income for the three months ended in Dec. 2023 was Rp20,162 Mil. PT Campina Ice Cream Industry Tbk's Interest Expense for the three months ended in Dec. 2023 was Rp-198 Mil. PT Campina Ice Cream Industry Tbk's interest coverage for the quarter that ended in Dec. 2023 was 101.88. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

PT Campina Ice Cream Industry Tbk has no debt.

The historical rank and industry rank for PT Campina Ice Cream Industry Tbk's Interest Coverage or its related term are showing as below:

ISX:CAMP' s Interest Coverage Range Over the Past 10 Years
Min: 2.18   Med: 186.29   Max: 369.36
Current: 300.45


ISX:CAMP's Interest Coverage is ranked better than
91.68% of 1370 companies
in the Consumer Packaged Goods industry
Industry Median: 8.395 vs ISX:CAMP: 300.45

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 Campina Ice Cream Industry Tbk Interest Coverage Historical Data

The historical data trend for PT Campina Ice Cream Industry 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 Campina Ice Cream Industry Tbk Interest Coverage Chart

PT Campina Ice Cream Industry Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 173.50 112.36 238.44 369.36 300.45

PT Campina Ice Cream Industry Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 261.76 384.43 437.19 466.45 101.88

Competitive Comparison of PT Campina Ice Cream Industry Tbk's Interest Coverage

For the Packaged Foods subindustry, PT Campina Ice Cream Industry 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 Campina Ice Cream Industry Tbk's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Campina Ice Cream Industry Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Campina Ice Cream Industry Tbk's Interest Coverage falls into.



PT Campina Ice Cream Industry 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 Campina Ice Cream Industry 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 Campina Ice Cream Industry Tbk's Interest Expense was Rp-504 Mil. Its Operating Income was Rp151,565 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*151565.256/-504.454
=300.45

PT Campina Ice Cream Industry Tbk's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, PT Campina Ice Cream Industry Tbk's Interest Expense was Rp-198 Mil. Its Operating Income was Rp20,162 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*20161.6/-197.904
=101.88

* 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 Campina Ice Cream Industry Tbk  (ISX:CAMP) 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 Campina Ice Cream Industry Tbk Interest Coverage Related Terms

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


PT Campina Ice Cream Industry Tbk (ISX:CAMP) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Rungkut Industri II/15-17, Kel. Tenggilis Mejoyo Kec. Tenggilis, Mejoyo, Surabaya, IDN, 60293
PT Campina Ice Cream Industry Tbk is an Indonesia-based company engaged in manufacturing ice cream. It offers the portfolio of various types of ice cream products in the form of cake, cone, cup, pack, Bulk, Es Potong and stick. It brands manufactured and marketed by the company consist of Tropicana, Chocolate Vanilla Choco Chunk, Concerto Olympia Cup, Hula Durian Cup and Concerto Bold Choco Brownie, and others.