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PT Gunung Raja Paksi Tbk (ISX:GGRP) Interest Expense : Rp-183,953 Mil (TTM As of Mar. 2024)


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What is PT Gunung Raja Paksi Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Gunung Raja Paksi Tbk's interest expense for the three months ended in Mar. 2024 was Rp -34,408 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-183,953 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 Gunung Raja Paksi Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 233,414 Mil. PT Gunung Raja Paksi Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -34,408 Mil. PT Gunung Raja Paksi Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 6.78. 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 Gunung Raja Paksi Tbk Interest Expense Historical Data

The historical data trend for PT Gunung Raja Paksi 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 Gunung Raja Paksi Tbk Interest Expense Chart

PT Gunung Raja Paksi Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -212,143.37 -149,992.67 -113,880.88 -173,009.67 -193,270.30

PT Gunung Raja Paksi 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 -41,857.33 -48,864.56 -56,250.69 -44,428.89 -34,408.50

PT Gunung Raja Paksi 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-183,953 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 Gunung Raja Paksi Tbk  (ISX:GGRP) 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 Gunung Raja Paksi Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-34,408 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp233,414 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp757,819 Mil.

PT Gunung Raja Paksi 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*233413.548/-34408.496
=6.78

* 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 Gunung Raja Paksi Tbk (ISX:GGRP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Gunung Raja Paksi Tbk (ISX:GGRP) » Definitions » Interest Expense
Comparable Companies
ISX:KRAS ISX:ISSP ISX:GDST ISX:BAJA ISX:LABA NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF TPE:2002 BUE:TXAR SZSE:000708 SHSE:600010 JSE:KIO
Traded in Other Exchanges
N/A
Address
Jalan Perjuangan No. 8, Kp.Tangsi RT. 004/006, Sukadanau Village, West Cikarang Subdistrict, West Java, Bekasi, IDN, 17530
Website
https://www.gunungrajapaksi.com
PT Gunung Raja Paksi Tbk is an Indonesia based company engaged in the production of flat steel products consisting of plates (sheet) and coils. The company's operating segment includes Steel sheet and its downstream and Steel bar and its downstream. It generates maximum revenue from the Steel sheet and its downstream segment.

PT Gunung Raja Paksi Tbk (ISX:GGRP) Headlines

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