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PT Asahimas Flat Glass Tbk (ISX:AMFG) Interest Coverage : 4.44 (As of Mar. 2025)


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What is PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk's Operating Income for the three months ended in Mar. 2025 was Rp96,892 Mil. PT Asahimas Flat Glass Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-21,808 Mil. PT Asahimas Flat Glass Tbk's interest coverage for the quarter that ended in Mar. 2025 was 4.44. The higher the ratio, the stronger the company's financial strength is.

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

ISX:AMFG' s Interest Coverage Range Over the Past 10 Years
Min: 4.1   Med: 7.37   Max: No Debt
Current: 4.32


ISX:AMFG's Interest Coverage is ranked worse than
59.93% of 302 companies
in the Building Materials industry
Industry Median: 6.155 vs ISX:AMFG: 4.32

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 Asahimas Flat Glass Tbk Interest Coverage Historical Data

The historical data trend for PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk Interest Coverage Chart

PT Asahimas Flat Glass 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 - 6.75 8.61 6.02 4.15

PT Asahimas Flat Glass 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 3.76 2.28 4.80 6.50 4.44

Competitive Comparison of PT Asahimas Flat Glass Tbk's Interest Coverage

For the Building Materials subindustry, PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's Interest Coverage distribution charts can be found below:

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


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PT Asahimas Flat Glass 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 Asahimas Flat Glass 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 Asahimas Flat Glass Tbk's Interest Expense was Rp-105,413 Mil. Its Operating Income was Rp437,545 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp541,508 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*437545/-105413
=4.15

PT Asahimas Flat Glass 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 Asahimas Flat Glass Tbk's Interest Expense was Rp-21,808 Mil. Its Operating Income was Rp96,892 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp575,430 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*96892/-21808
=4.44

* 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 Asahimas Flat Glass Tbk  (ISX:AMFG) 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 Asahimas Flat Glass Tbk Interest Coverage Related Terms

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


PT Asahimas Flat Glass Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ancol IX/5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company operating in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.

PT Asahimas Flat Glass Tbk Headlines

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