PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) Interest Coverage: 2.72 (As of Sep. 2019) — 1843% Above Median


What is PT Arpeni Pratama Ocean Line Tbk Interest Coverage?

PT Arpeni Pratama Ocean Line Tbk FRA:A5DA Interest Coverage is 2.72 as of Sep. 2019, which is 1843% above its 10-year median of 0.14. The stock has 5 warning signs investors should review.

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 Arpeni Pratama Ocean Line Tbk's Operating Income for the three months ended in Sep. 2019 was €0.61 Mil. PT Arpeni Pratama Ocean Line Tbk's Interest Expense for the three months ended in Sep. 2019 was €-0.22 Mil. PT Arpeni Pratama Ocean Line Tbk's interest coverage for the quarter that ended in Sep. 2019 was 2.72. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Arpeni Pratama Ocean Line Tbk's Interest Coverage or its related term are showing as below:


FRA:A5DA's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.72
* Ranked among companies with meaningful Interest Coverage only.

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 Arpeni Pratama Ocean Line Tbk  (FRA:A5DA) 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 Arpeni Pratama Ocean Line Tbk Interest Coverage Related Terms


PT Arpeni Pratama Ocean Line Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Arpeni Pratama Ocean Line 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.

PT Arpeni Pratama Ocean Line Tbk Interest Coverage Chart

PT Arpeni Pratama Ocean Line Tbk Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.16 0.09

PT Arpeni Pratama Ocean Line Tbk Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.64 2.72

PT Arpeni Pratama Ocean Line Tbk Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, PT Arpeni Pratama Ocean Line 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 Arpeni Pratama Ocean Line Tbk Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, PT Arpeni Pratama Ocean Line Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Arpeni Pratama Ocean Line Tbk's Interest Coverage falls into.



PT Arpeni Pratama Ocean Line 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 Arpeni Pratama Ocean Line Tbk's Interest Coverage for the fiscal year that ended in Dec. 2018 is calculated as

Here, for the fiscal year that ended in Dec. 2018, PT Arpeni Pratama Ocean Line Tbk's Interest Expense was €-8.67 Mil. Its Operating Income was €0.80 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.10 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2018 )/Interest Expense (A: Dec. 2018 )
=-1*0.798/-8.671
=0.09

PT Arpeni Pratama Ocean Line Tbk's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, PT Arpeni Pratama Ocean Line Tbk's Interest Expense was €-0.22 Mil. Its Operating Income was €0.61 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.09 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2019 )/Interest Expense (Q: Sep. 2019 )
=-1*0.61/-0.224
=2.72

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 2.72 mean?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a Interest Coverage of 2.72 as of Sep. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Arpeni Pratama Ocean Line Tbk and its competitors. This is 1843% above median its historical median of 0.14. Over the past decade, PT Arpeni Pratama Ocean Line Tbk's Interest Coverage has ranged from 0.05 to 0.15.
Is PT Arpeni Pratama Ocean Line Tbk's Interest Coverage too high?
PT Arpeni Pratama Ocean Line Tbk's current Interest Coverage of 2.72 is 1843% above median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.15. The Transportation industry median Interest Coverage is 5.72. PT Arpeni Pratama Ocean Line Tbk's value of 2.72 is 52.4% below this industry median.
How does PT Arpeni Pratama Ocean Line Tbk's Interest Coverage compare to competitors?
PT Arpeni Pratama Ocean Line Tbk's Interest Coverage of 2.72 can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.72. PT Arpeni Pratama Ocean Line Tbk's value of 2.72 is 52.4% below this benchmark. Historically, PT Arpeni Pratama Ocean Line Tbk's own Interest Coverage has ranged from 0.05 to 0.15 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 5.72, PT Arpeni Pratama Ocean Line Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Arpeni Pratama Ocean Line Tbk's current Interest Coverage of 2.72 is 52.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Arpeni Pratama Ocean Line Tbk and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Arpeni Pratama Ocean Line Tbk's current Interest Coverage is 2.72, which is 1843% above median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Arpeni Pratama Ocean Line Tbk stock overvalued right now?
PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA) has a current Interest Coverage of 2.72. The current Interest Coverage is 2.72, which is 1843% above median its 10-year median of 0.14 and 52.4% below the Transportation industry median of 5.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For PT Arpeni Pratama Ocean Line Tbk (FRA:A5DA), the current Interest Coverage is 2.72 as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Arpeni Pratama Ocean Line Tbk Business Description

Address Jl. Abdul Muis Number 50, Gedung 50 Abdul Muis, Jakarta, IDN, 10160
PT Arpeni Pratama Ocean Line Tbk is Indonesian shipping company. The company is engaged in the domestic and international transportation of cargo by vessels, sale, and purchase of vessels. It uses its vessels for the transport of coal, iron ore, wheat, soybeans, and grains to various countries. In addition, the company also owns and operates the dry bulk fleet, including panamax bulk carriers, tugboats, barges, and floating cranes. The company operates through three segments namely, Shipping Services which also contributes a major part of revenue, Agency Services, and Non-Asset Based Busines. Most of its revenue is earned through the Indonesian market.