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PT Dafam Property Indonesia Tbk (ISX:DFAM) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is PT Dafam Property Indonesia 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 Dafam Property Indonesia Tbk's Operating Income for the three months ended in Mar. 2024 was Rp-687 Mil. PT Dafam Property Indonesia Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-3,355 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Dafam Property Indonesia Tbks earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

ISX:DFAM' s Interest Coverage Range Over the Past 10 Years
Min: 0.04   Med: 0.6   Max: 1.53
Current: 0.04


ISX:DFAM's Interest Coverage is ranked worse than
99.33% of 1337 companies
in the Real Estate industry
Industry Median: 4.05 vs ISX:DFAM: 0.04

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 Dafam Property Indonesia Tbk Interest Coverage Historical Data

The historical data trend for PT Dafam Property Indonesia 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 Dafam Property Indonesia Tbk Interest Coverage Chart

PT Dafam Property Indonesia Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1.53 0.29 - - -

PT Dafam Property Indonesia 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 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 - 0.16 0.18 0.06 -

Competitive Comparison of PT Dafam Property Indonesia Tbk's Interest Coverage

For the Real Estate Services subindustry, PT Dafam Property Indonesia 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 Dafam Property Indonesia Tbk's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Dafam Property Indonesia Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Dafam Property Indonesia Tbk's Interest Coverage falls into.



PT Dafam Property Indonesia 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 Dafam Property Indonesia 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 Dafam Property Indonesia Tbk's Interest Expense was Rp-13,691 Mil. Its Operating Income was Rp-729 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp144,232 Mil.

PT Dafam Property Indonesia Tbk did not have earnings to cover the interest expense.

PT Dafam Property Indonesia 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 Dafam Property Indonesia Tbk's Interest Expense was Rp-3,355 Mil. Its Operating Income was Rp-687 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp141,424 Mil.

PT Dafam Property Indonesia Tbk did not have earnings to cover the interest expense.

* 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 Dafam Property Indonesia Tbk  (ISX:DFAM) 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 Dafam Property Indonesia Tbk Interest Coverage Related Terms

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


PT Dafam Property Indonesia Tbk (ISX:DFAM) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raung Nomor 15, Gajahmungkur, Jawa Tengah, Semarang, IDN, 50232
PT Dafam Property Indonesia Tbk is engaged in developing commercial and residential properties as well as hotels and resorts. The company's project includes Jatayu Residence Pekalongan, Hotel Dafam Pekalongan, Gaia Residence Batang, Gaia Residence Semarang, Puri Junction, and others. The company's operating segments are Hotel, Sale of residential, and Hotel management services.

PT Dafam Property Indonesia Tbk (ISX:DFAM) Headlines

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