PT Indo Kordsa Tbk (ISX:BRAM) Interest Coverage: 8.22 (As of Mar. 2026) — 47% Below Median


ISX:BRAM PT Indo Kordsa Tbk ISX:BRAM
55 GF Score
Price Rp4,530.00
GF Value Rp2,940.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is PT Indo Kordsa Tbk Interest Coverage?

PT Indo Kordsa Tbk ISX:BRAM -0.88% 55 Interest Coverage is 8.22 as of Mar. 2026, which is 47% below its 10-year median of 15.49. GuruFocus rates ISX:BRAM with a GF Score™ of 55/100 and a GF Value™ of Rp2,940.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, PT Indo Kordsa Tbk ranks worse than 136425.51% on this metric.

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 Indo Kordsa Tbk's Operating Income for the three months ended in Mar. 2026 was Rp28,797 Mil. PT Indo Kordsa Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-3,504 Mil. PT Indo Kordsa Tbk's interest coverage for the quarter that ended in Mar. 2026 was 8.22. The higher the ratio, the stronger the company's financial strength is.

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


ISX:BRAM's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.44
* 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 Indo Kordsa Tbk  (ISX:BRAM) 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 Indo Kordsa Tbk Interest Coverage Related Terms


PT Indo Kordsa Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Indo Kordsa 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 Indo Kordsa Tbk Interest Coverage Chart

PT Indo Kordsa Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.12 46.04 68.83 43.86 2.43

PT Indo Kordsa Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.29 0.00 0.00 0.00 8.22

PT Indo Kordsa Tbk Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, PT Indo Kordsa 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 Indo Kordsa Tbk Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Indo Kordsa Tbk's Interest Coverage distribution charts can be found below:

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


ISX:BRAM
55GF Score
PT Indo Kordsa Tbk ISX:BRAM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indo Kordsa 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 Indo Kordsa Tbk's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, PT Indo Kordsa Tbk's Interest Expense was Rp-2,890 Mil. Its Operating Income was Rp7,017 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp41,601 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7016.993/-2890.333
=2.43

PT Indo Kordsa Tbk's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, PT Indo Kordsa Tbk's Interest Expense was Rp-3,504 Mil. Its Operating Income was Rp28,797 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp40,427 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*28796.831/-3504.376
=8.22

* 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 8.22 mean?
PT Indo Kordsa Tbk (ISX:BRAM) has a Interest Coverage of 8.22 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Indo Kordsa Tbk and its competitors. This is 47% below median its historical median of 15.49. According to the industry distribution chart, PT Indo Kordsa Tbk ranks #999999 out of 733 companies in the Manufacturing - Apparel & Accessories industry.
Is PT Indo Kordsa Tbk's Interest Coverage too high?
PT Indo Kordsa Tbk's current Interest Coverage of 8.22 is 47% below median its 10-year median of 15.49. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. PT Indo Kordsa Tbk's value of 8.22 is 51.1% above this industry median. Based on the distribution chart, PT Indo Kordsa Tbk ranks #999999 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, PT Indo Kordsa Tbk has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Indo Kordsa Tbk's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Indo Kordsa Tbk ranks #999999 out of 733 companies for Interest Coverage. This places PT Indo Kordsa Tbk in the lower half of its industry. The industry median Interest Coverage is 5.44. PT Indo Kordsa Tbk's value of 8.22 is 51.1% above this benchmark. While the company's 10-year median is 15.49 vs. the industry median of 5.44, PT Indo Kordsa Tbk has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 733 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 Indo Kordsa Tbk's current Interest Coverage of 8.22 is 51.1% above 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 Indo Kordsa Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indo Kordsa Tbk's current Interest Coverage is 8.22, which is 47% below median its own 10-year median of 15.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indo Kordsa Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indo Kordsa Tbk (ISX:BRAM) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp2,940.24, compared to a current price of Rp4,530.00 — trading 54.1% above its estimated fair value. The current Interest Coverage is 8.22, which is 47% below median its 10-year median of 15.49 and 51.1% above the Manufacturing - Apparel & Accessories industry median of 5.44. PT Indo Kordsa Tbk's overall GF Score™ is 55/100 with 5 warning signs to review. 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 Indo Kordsa Tbk (ISX:BRAM), the current Interest Coverage is 8.22 as of Mar. 2026. 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.

Is PT Indo Kordsa Tbk (ISX:BRAM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indo Kordsa Tbk stock appears to be overvalued. The current stock price of Rp4,530.00 is trading 54.1% above its estimated GF Value™ of Rp2,940.24. GuruFocus considers PT Indo Kordsa Tbk to be Significantly Overvalued.

Key valuation signals for ISX:BRAM:

  • Interest Coverage: 8.22 (47% below median its 10-year median of 15.49)
  • GF Value™: Rp2,940.24 vs. price of Rp4,530.00 (54.1% above fair value)
  • GF Score™: 55/100 with 5 warning signs
  • Industry Position: 51.1% above the Manufacturing - Apparel & Accessories median (#999999 of 733)

No single metric tells the full story. See the ISX:BRAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indo Kordsa Tbk Business Description

Address Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, Bogor, IDN, 16810
PT Indo Kordsa Tbk is an Indonesian company engaged in the manufacturing and sale of tire reinforcement materials. The business activity of the group is functioned through various divisions which include Tyre cord fabric, Nylon yarn, and Polyester yarn. The company generates a majority of its revenue from the tire cord fabric segment. Geographically, it derives a majority of its revenue from Thailand and also has a presence in Other Countries.
55GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp4,530.00
Price
Rp2,940.24
GF Value