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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Interest Coverage : 130.74 (As of Dec. 2023)


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What is PT Bukit Asam 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 Bukit Asam Tbk's Operating Income for the three months ended in Dec. 2023 was $182 Mil. PT Bukit Asam Tbk's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. PT Bukit Asam Tbk's interest coverage for the quarter that ended in Dec. 2023 was 130.74. 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 Bukit Asam Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

TBNGY' s Interest Coverage Range Over the Past 10 Years
Min: 15.35   Med: 57.33   Max: 103.68
Current: 58.05


TBNGY's Interest Coverage is ranked better than
60.94% of 128 companies
in the Other Energy Sources industry
Industry Median: 21.805 vs TBNGY: 58.05

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 Bukit Asam Tbk Interest Coverage Historical Data

The historical data trend for PT Bukit Asam 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.

* Premium members only.

PT Bukit Asam Tbk Interest Coverage Chart

PT Bukit Asam 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 66.38 28.85 88.61 103.68 58.05

PT Bukit Asam 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 37.68 42.37 44.90 37.03 130.74

Competitive Comparison of PT Bukit Asam Tbk's Interest Coverage

For the Thermal Coal subindustry, PT Bukit Asam 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 Bukit Asam Tbk's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Interest Coverage distribution charts can be found below:

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



PT Bukit Asam 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 Bukit Asam 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 Bukit Asam Tbk's Interest Expense was $-8 Mil. Its Operating Income was $437 Mil. And its Long-Term Debt & Capital Lease Obligation was $48 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*436.648/-7.522
=58.05

PT Bukit Asam 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 Bukit Asam Tbk's Interest Expense was $-1 Mil. Its Operating Income was $182 Mil. And its Long-Term Debt & Capital Lease Obligation was $48 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*181.731/-1.39
=130.74

* 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 Bukit Asam Tbk  (OTCPK:TBNGY) 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 Bukit Asam Tbk Interest Coverage Related Terms

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


PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716
PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

PT Bukit Asam Tbk (PT Bukit Asam Tbk) Headlines

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