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PT Indo Straits Tbk (ISX:PTIS) Interest Expense : Rp-7,707 Mil (TTM As of Mar. 2024)


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What is PT Indo Straits Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Indo Straits Tbk's interest expense for the three months ended in Mar. 2024 was Rp -1,110 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-7,707 Mil.

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. PT Indo Straits Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 7,369 Mil. PT Indo Straits Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -1,110 Mil. PT Indo Straits Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 6.64. The higher the ratio, the stronger the company's financial strength is. 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 Indo Straits Tbk Interest Expense Historical Data

The historical data trend for PT Indo Straits Tbk's Interest Expense 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.

* Premium members only.

PT Indo Straits Tbk Interest Expense Chart

PT Indo Straits Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8,187.70 -5,275.27 -4,780.12 -4,263.10 -8,185.89

PT Indo Straits Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 -1,476.08 -3,455.98 -1,676.81 -1,464.52 -1,109.95

PT Indo Straits Tbk Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp-7,707 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.

PT Indo Straits Tbk  (ISX:PTIS) Interest Expense Explanation

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. The higher, the better.

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 Indo Straits Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-1,110 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp7,369 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp0 Mil.

PT Indo Straits Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*7368.845/-1109.951
=6.64

* 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 Indo Straits Tbk (ISX:PTIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Indo Straits Tbk (ISX:PTIS) » Definitions » Interest Expense
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ISX:KLAS ISX:CBRE ISX:BSML ISX:KARW ISX:TAMU ISX:RIGS ISX:BESS ISX:BBRM ISX:HAIS ISX:GTSI BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
N/A
Address
Jalan Yos Sudarso Kav.88, Graha Kirana Building, 15th Floor, Suite 1501, Jakarta, IDN, 14350
Website
https://www.indostraits.co.id
PT Indo Straits Tbk is an Indonesian-based firm. The company with its subsidiaries engaged in providing marine engineering solutions and related services. It operates in three segments namely; the Integrated Marine Engineering service segment which covers dredging, reclamation, port construction, installation of the pile, wave breaker, and coastal protection; the Marine Logistics Support service segment includes transshipment and sea transportation services.; Mining Contracting Services segment providing mining, excavating, hauling, and contracting services.

PT Indo Straits Tbk (ISX:PTIS) Headlines

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