PT Akasha Wira International Tbk (ISX:ADES) Interest Coverage : 4,086.68 (As of Mar. 2024)

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What is PT Akasha Wira International 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 Akasha Wira International Tbk's Operating Income for the three months ended in Mar. 2024 was Rp155,294 Mil. PT Akasha Wira International Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-38 Mil. PT Akasha Wira International Tbk's interest coverage for the quarter that ended in Mar. 2024 was 4,086.68. 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 Akasha Wira International Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

ISX:ADES' s Interest Coverage Range Over the Past 10 Years
Min: 3.03 Med: 6.78 Max: 3458.49
Current: 3458.49

ISX:ADES's Interest Coverage is ranked better than
93.83% of 81 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 19.64 vs ISX:ADES: 3458.49

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 Akasha Wira International Tbk Interest Coverage Historical Data

The historical data trend for PT Akasha Wira International 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 Akasha Wira International Tbk Interest Coverage Chart

PT Akasha Wira International Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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9.08

471.23

1,047.97

2,797.86

PT Akasha Wira International 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															1,926.00	1,628.10	1,643.49	-	4,086.68

Competitive Comparison of PT Akasha Wira International Tbk's Interest Coverage

For the Beverages - Non-Alcoholic subindustry, PT Akasha Wira International 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 Akasha Wira International Tbk's Interest Coverage Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, PT Akasha Wira International Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Akasha Wira International Tbk's Interest Coverage falls into.

PT Akasha Wira International 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 Akasha Wira International 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 Akasha Wira International Tbk's Interest Expense was Rp-173 Mil. Its Operating Income was Rp484,030 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp150 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	484030	/	-173
	=	2,797.86

PT Akasha Wira International 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 Akasha Wira International Tbk's Interest Expense was Rp-38 Mil. Its Operating Income was Rp155,294 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp107 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	155294	/	-38
	=	4,086.68

The higher the ratio, the stronger the company's Financial Strength is.

PT Akasha Wira International Tbk (ISX:ADES) 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 Akasha Wira International Tbk Interest Coverage Related Terms

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

PT Akasha Wira International Tbk (ISX:ADES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » PT Akasha Wira International Tbk (ISX:ADES) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Letjen. TB. Simatupang Kav. 89, RT 01 RW 02, Kelurahan Tanjung Barat, Kecamatan Jagakarsa, Jakarta, IDN, 12530

Website

https://www.akashainternational.com

PT Akasha Wira International Tbk operates in two segments, bottling and distribution of drinking water and manufacturing and trading of food and cosmetic products, and two geographical segments, that is Indonesia and Foreign. The Beverages segment sells bottled drinking water. The cosmetic segment is into the manufacturing and trading of cosmetics. The company distributes its cosmetic products under Wella, Wella Professional, System Professional, and dan Clairol Professional brands. The hair care products are marketed under the brand name Makarizo. Its bottled water is distributed under the trademark of Nestle Pure Life and Vica Royal, its brand name. Its Indonesia-based geographical segments are Java, Sumatera, Kalimantan, and others.

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