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PT Multistrada Arahrana Tbk (ISX:MASA) Interest Coverage : N/A (As of Mar. 2024)


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What is PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Operating Income for the three months ended in Mar. 2024 was Rp246,579 Mil. PT Multistrada Arahrana Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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 Multistrada Arah Sarana Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

ISX:MASA' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 9.35   Max: 157.29
Current: 157.29


ISX:MASA's Interest Coverage is ranked better than
91.43% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 7.695 vs ISX:MASA: 157.29

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 Multistrada Arahrana Tbk Interest Coverage Historical Data

The historical data trend for PT Multistrada Arahrana 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 Multistrada Arahrana Tbk Interest Coverage Chart

PT Multistrada Arahrana 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 - 9.35 54.86 50.29 83.24

PT Multistrada Arahrana 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 40.20 68.54 218.02 - N/A

Competitive Comparison of PT Multistrada Arahrana Tbk's Interest Coverage

For the Auto Parts subindustry, PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Multistrada Arahrana Tbk's Interest Coverage distribution charts can be found below:

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



PT Multistrada Arahrana 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 Multistrada Arahrana 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 Multistrada Arahrana Tbk's Interest Expense was Rp-18,021 Mil. Its Operating Income was Rp1,500,099 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp12,842 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1500099.433/-18021.296
=83.24

PT Multistrada Arahrana 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 Multistrada Arahrana Tbk's Interest Expense was Rp0 Mil. Its Operating Income was Rp246,579 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp14,399 Mil.

GuruFocus does not calculate PT Multistrada Arahrana Tbk's interest coverage with the available data.

* 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 Multistrada Arahrana Tbk  (ISX:MASA) 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 Multistrada Arahrana Tbk Interest Coverage Related Terms

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


PT Multistrada Arahrana Tbk (ISX:MASA) Business Description

Traded in Other Exchanges
Address
Jalan Raya Lemahabang Km. 58.3, Desa Karangsari, Cikarang Timur, Jawa Barat, Bekasi, IDN, 17550
PT Multistrada Arah Sarana Tbk is an Indonesian tire manufacturing company. It has developed two brands of vehicle tire products, which are Achilles and Corsa. Achilles is a brand of car tire that is able to be used by Passenger Car type, Sports Utility Vehicle (SUV) and Light Truck with Steel Belted Tubeless type. Corsa is a brand of tire for two-wheeled vehicles.

PT Multistrada Arahrana Tbk (ISX:MASA) Headlines

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