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PT Central Omega Resources Tbk (ISX:DKFT) Interest Coverage : 3.48 (As of Dec. 2023)


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What is PT Central Omega 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 Central Omega Resources Tbk's Operating Income for the three months ended in Dec. 2023 was Rp35,476 Mil. PT Central Omega Resources Tbk's Interest Expense for the three months ended in Dec. 2023 was Rp-10,188 Mil. PT Central Omega Resources Tbk's interest coverage for the quarter that ended in Dec. 2023 was 3.48. The higher the ratio, the stronger the company's financial strength is.

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

ISX:DKFT' s Interest Coverage Range Over the Past 10 Years
Min: 1.65   Med: 1.77   Max: 1.88
Current: 1.65


ISX:DKFT's Interest Coverage is ranked worse than
94.92% of 1339 companies
in the Metals & Mining industry
Industry Median: No Debt vs ISX:DKFT: 1.65

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 Central Omega Resources Tbk Interest Coverage Historical Data

The historical data trend for PT Central Omega 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 Central Omega Resources Tbk Interest Coverage Chart

PT Central Omega Resources Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.88 1.65

PT Central Omega Resources 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 0.47 - 5.47 1.69 3.48

Competitive Comparison of PT Central Omega Resources Tbk's Interest Coverage

For the Other Industrial Metals & Mining subindustry, PT Central Omega 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 Central Omega Resources Tbk's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Central Omega Resources Tbk's Interest Coverage distribution charts can be found below:

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



PT Central Omega 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 Central Omega 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 Central Omega Resources Tbk's Interest Expense was Rp-53,047 Mil. Its Operating Income was Rp87,385 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp804,052 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*87385.099/-53047.021
=1.65

PT Central Omega Resources 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 Central Omega Resources Tbk's Interest Expense was Rp-10,188 Mil. Its Operating Income was Rp35,476 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp804,052 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*35476.211/-10188.045
=3.48

* 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 Central Omega Resources Tbk  (ISX:DKFT) 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 Central Omega Resources Tbk Interest Coverage Related Terms

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


PT Central Omega Resources Tbk (ISX:DKFT) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav 59, Plaza Asia, Lantai 6/6th Floor, Jakarta Selatan, Jakarta, IDN, 12190
PT Central Omega Resources Tbk is a nickel ore mining company. The company through its subsidiaries is also engaged in trading of mining resources and mining activities. All the operation of the firm is operated in Indonesia, further, the business presence of the firm can be across the region of Indonesia.

PT Central Omega Resources Tbk (ISX:DKFT) Headlines

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