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PT AKRorindo Tbk (ISX:AKRA) Interest Coverage : 43.99 (As of Mar. 2025)


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What is PT AKRorindo 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 AKRorindo Tbk's Operating Income for the three months ended in Mar. 2025 was Rp681,781 Mil. PT AKRorindo Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-15,497 Mil. PT AKRorindo Tbk's interest coverage for the quarter that ended in Mar. 2025 was 43.99. The higher the ratio, the stronger the company's financial strength is.

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

ISX:AKRA' s Interest Coverage Range Over the Past 10 Years
Min: 9.88   Med: 21.65   Max: 146.52
Current: 30.05


ISX:AKRA's Interest Coverage is ranked better than
77.23% of 716 companies
in the Oil & Gas industry
Industry Median: 5.935 vs ISX:AKRA: 30.05

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 AKRorindo Tbk Interest Coverage Historical Data

The historical data trend for PT AKRorindo 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 AKRorindo Tbk Interest Coverage Chart

PT AKRorindo Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.22 25.36 54.70 51.76 30.18

PT AKRorindo Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 45.50 26.87 32.41 24.56 43.99

Competitive Comparison of PT AKRorindo Tbk's Interest Coverage

For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Interest Coverage distribution charts can be found below:

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


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PT AKRorindo 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 AKRorindo Tbk's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, PT AKRorindo Tbk's Interest Expense was Rp-84,909 Mil. Its Operating Income was Rp2,562,551 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,124,177 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2562551.131/-84909.111
=30.18

PT AKRorindo Tbk's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, PT AKRorindo Tbk's Interest Expense was Rp-15,497 Mil. Its Operating Income was Rp681,781 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,117,080 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*681780.773/-15497.25
=43.99

* 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 AKRorindo Tbk  (ISX:AKRA) 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 AKRorindo Tbk Interest Coverage Related Terms

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


PT AKRorindo Tbk Business Description

Traded in Other Exchanges
Address
Jalan Panjang No. 5 Kebon Jeruk, AKR Tower, 26th Floor, West Jakarta, Jakarta, IDN, 11530
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company segments are: The Trading and distribution segment, which accounts for majority of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine and other sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging etc and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Integrated Industrial Zones and Ports segments comprise deep-sea port integrated with a large industrial are, industrial lands parcels, efficient logistic and utilities to industrial tenants.

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