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PT Blue Bird Tbk (ISX:BIRD) Interest Coverage : 7.84 (As of Mar. 2025)


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What is PT Blue Bird 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 Blue Bird Tbk's Operating Income for the three months ended in Mar. 2025 was Rp168,193 Mil. PT Blue Bird Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-21,460 Mil. PT Blue Bird Tbk's interest coverage for the quarter that ended in Mar. 2025 was 7.84. The higher the ratio, the stronger the company's financial strength is.

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

ISX:BIRD' s Interest Coverage Range Over the Past 10 Years
Min: 3.83   Med: 7   Max: 9.88
Current: 9.61


ISX:BIRD's Interest Coverage is ranked better than
62.77% of 838 companies
in the Transportation industry
Industry Median: 6.05 vs ISX:BIRD: 9.61

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 Blue Bird Tbk Interest Coverage Historical Data

The historical data trend for PT Blue Bird 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.

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PT Blue Bird Tbk Interest Coverage Chart

PT Blue Bird 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 - - 9.16 9.88 9.59

PT Blue Bird 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 7.15 10.14 11.39 9.55 7.84

Competitive Comparison of PT Blue Bird Tbk's Interest Coverage

For the Railroads subindustry, PT Blue Bird 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 Blue Bird Tbk's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Blue Bird Tbk's Interest Coverage distribution charts can be found below:

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


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PT Blue Bird 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 Blue Bird 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 Blue Bird Tbk's Interest Expense was Rp-68,599 Mil. Its Operating Income was Rp657,910 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp914,733 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*657910/-68599
=9.59

PT Blue Bird 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 Blue Bird Tbk's Interest Expense was Rp-21,460 Mil. Its Operating Income was Rp168,193 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,008,104 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*168193/-21460
=7.84

* 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 Blue Bird Tbk  (ISX:BIRD) 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 Blue Bird Tbk Interest Coverage Related Terms

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


PT Blue Bird Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Bojong Indah Raya No. 6A, Kel. Rawa Buaya, Kec. Cengkareng, Jakarta Barat, Jakarta, IDN, 11740
PT Blue Bird Tbk is an Indonesia-based company providing taxi transportation services. The company operates in segments namely the Taxi segment and Non-taxi segment. The taxi segment consists of a regular taxi and an executive taxi. The non-taxi segment consists of Limosine Car Rentals and Chartered Bus. The majority of the company's revenue comes from the Taxi segment. The company provides regular and executive taxi services with the brand of Blue Bird and Pusaka for regular taxis and Silver Bird for executive taxis.