GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Wulandari Bangun Laksana Tbk (ISX:BSBK) » Definitions » Interest Coverage

PT Wulandari Bangun Laksana Tbk (ISX:BSBK) Interest Coverage : 3.21 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is PT Wulandari Bangun Laksana 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 Wulandari Bangun Laksana Tbk's Operating Income for the three months ended in Mar. 2024 was Rp32,903 Mil. PT Wulandari Bangun Laksana Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-10,255 Mil. PT Wulandari Bangun Laksana Tbk's interest coverage for the quarter that ended in Mar. 2024 was 3.21. The higher the ratio, the stronger the company's financial strength is.

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

ISX:BSBK' s Interest Coverage Range Over the Past 10 Years
Min: 0.15   Med: 1.41   Max: 2.87
Current: 2.87


ISX:BSBK's Interest Coverage is ranked worse than
58.41% of 1332 companies
in the Real Estate industry
Industry Median: 4.01 vs ISX:BSBK: 2.87

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 Wulandari Bangun Laksana Tbk Interest Coverage Historical Data

The historical data trend for PT Wulandari Bangun Laksana 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 Wulandari Bangun Laksana Tbk Interest Coverage Chart

PT Wulandari Bangun Laksana Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
0.15 - - 1.41 2.37

PT Wulandari Bangun Laksana Tbk Quarterly Data
Dec19 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 2.13 1.95 7.19 3.21

Competitive Comparison of PT Wulandari Bangun Laksana Tbk's Interest Coverage

For the Real Estate - Development subindustry, PT Wulandari Bangun Laksana 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 Wulandari Bangun Laksana Tbk's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Wulandari Bangun Laksana Tbk's Interest Coverage distribution charts can be found below:

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



PT Wulandari Bangun Laksana 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 Wulandari Bangun Laksana Tbk's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, PT Wulandari Bangun Laksana Tbk's Interest Expense was Rp-45,826 Mil. Its Operating Income was Rp108,609 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp374,561 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*108609.115/-45825.809
=2.37

PT Wulandari Bangun Laksana Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, PT Wulandari Bangun Laksana Tbk's Interest Expense was Rp-10,255 Mil. Its Operating Income was Rp32,903 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp364,450 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*32903.461/-10255.134
=3.21

* 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 Wulandari Bangun Laksana Tbk  (ISX:BSBK) 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 Wulandari Bangun Laksana Tbk Interest Coverage Related Terms

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


PT Wulandari Bangun Laksana Tbk (ISX:BSBK) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Nomor 47 Tower G Komplek Balikpapan Superblock, Stall Kuda, Kelurahan Damai Bahagia, Kec. Balikpapan Selatan, Kota, Provinsi Kalimantan Timur, Balikpapan, IDN, 76114
PT Wulandari Bangun Laksana Tbk is a real estate developer. It is engaged in the property at the gate of East Kalimantan, Balikpapan City. It has five operating segments Developer, Mall Pentacity, Mall E-Walk, Estate Management, and Other Operating Segments. It generates the majority of its revenue Developer.