PT Petrosea Tbk (ISX:PTRO) Interest Expense : Rp-336,735 Mil (TTM As of Mar. 2024)

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What is PT Petrosea Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Petrosea Tbk's interest expense for the three months ended in Mar. 2024 was Rp -82,815 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-336,735 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 Petrosea Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 105,569 Mil. PT Petrosea Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -82,815 Mil. PT Petrosea Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 1.27. 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 Petrosea Tbk Interest Expense Historical Data

The historical data trend for PT Petrosea 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.

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PT Petrosea Tbk Interest Expense Chart

PT Petrosea Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-178,502.92

-120,301.62

-71,844.41

-98,035.67

-291,963.49

PT Petrosea 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															-36,148.83	-65,708.71	-93,249.14	-94,962.52	-82,814.71

PT Petrosea 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-336,735 Mil.

PT Petrosea Tbk (ISX:PTRO) Interest Expense Explanation

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 Petrosea Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-82,815 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp105,569 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp2,275,138 Mil.

PT Petrosea 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	*	105568.719	/	-82814.714
	=	1.27

The higher the ratio, the stronger the company's financial strength is.

PT Petrosea Tbk (ISX:PTRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Petrosea Tbk (ISX:PTRO) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Jalan Boulevard Bintaro Jaya Blok B7/A6, Indy Bintaro Office Park, Building B, Sektor VII, CBD Bintaro Jaya, Tangerang Selatan, IDN, 15224

Website

https://www.petrosea.com

PT Petrosea Tbk is an Indonesian-based firm engaged in multi-disciplinary mining, infrastructure, and oil and gas services. It operates in three business segments. The Mining segment covers mining contracts like overburden stripping, drilling, blasting, lifting, hauling, mine services, and mines partnering. The Services segment covers supply-based facilities and port services. The Engineering and Construction segment provides multi-disciplinary engineering, procurement, and construction services to oil and gas, infrastructure, industrial, and manufacturing, and utility sectors. This segment also includes the supply of skilled trade personnel and equipment hire services. The majority of its revenue comes from the Mining segment.

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