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PT Lippo General Insurance Tbk (ISX:LPGI) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is PT Lippo General Insurance 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 EBIT by its Interest Expense. PT Lippo General Insurance Tbk's EBIT for the three months ended in Dec. 2023 was Rp0 Mil. PT Lippo General Insurance Tbk's Interest Expense for the three months ended in Dec. 2023 was Rp-13,347 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

ISX:LPGI' s Interest Coverage Range Over the Past 10 Years
Min: 1.5   Med: 544.66   Max: 2144.07
Current: 1.5


ISX:LPGI's Interest Coverage is ranked worse than
91.74% of 327 companies
in the Insurance industry
Industry Median: 13.81 vs ISX:LPGI: 1.50

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 Lippo General Insurance Tbk Interest Coverage Historical Data

The historical data trend for PT Lippo General Insurance 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 Lippo General Insurance Tbk Interest Coverage Chart

PT Lippo General Insurance 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 827.76 4.06 - 175.74 -

PT Lippo General Insurance 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 - 59.77 18.79 - -

Competitive Comparison of PT Lippo General Insurance Tbk's Interest Coverage

For the Insurance - Diversified subindustry, PT Lippo General Insurance 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 Lippo General Insurance Tbk's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Lippo General Insurance Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Lippo General Insurance Tbk's Interest Coverage falls into.



PT Lippo General Insurance 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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 Lippo General Insurance 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 Lippo General Insurance Tbk's Interest Expense was Rp-42,689 Mil. Its EBIT was Rp0 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,931 Mil.

PT Lippo General Insurance 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 Lippo General Insurance Tbk's Interest Expense was Rp-13,347 Mil. Its EBIT was Rp0 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,931 Mil.

* 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 Lippo General Insurance Tbk  (ISX:LPGI) 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 Lippo General Insurance Tbk Interest Coverage Related Terms

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


PT Lippo General Insurance Tbk (ISX:LPGI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav B-12, Gedung Lippo Kuningan Building 27th Floor Unit A & F, Jakarta, IDN, 12940
PT Lippo General Insurance Tbk is a company engaged in the provision of general insurance services. It provides Fire insurance, Motor Vehicle insurance, Marine Cargo insurance, Health insurance, Life and death insurance, and other insurance products. Geographically, the group carries operations in Indonesia in the areas of Jabodetabek, Sumatera, Jawa Timur, Jawa Barat, Jawa Tengah, Makassar, Bali and Balikpapan. It derives key revenue from the Health insurance division.

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