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PT Pelita Teknologi Global Tbk (ISX:CHIP) Interest Coverage : 3.03 (As of Dec. 2024)


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What is PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk's Operating Income for the six months ended in Dec. 2024 was Rp4,405 Mil. PT Pelita Teknologi Global Tbk's Interest Expense for the six months ended in Dec. 2024 was Rp-1,455 Mil. PT Pelita Teknologi Global Tbk's interest coverage for the quarter that ended in Dec. 2024 was 3.03. The higher the ratio, the stronger the company's financial strength is.

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

ISX:CHIP' s Interest Coverage Range Over the Past 10 Years
Min: 4.59   Med: 6.21   Max: 8.74
Current: 5.33


ISX:CHIP's Interest Coverage is ranked better than
54.76% of 294 companies
in the Telecommunication Services industry
Industry Median: 4.715 vs ISX:CHIP: 5.33

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 Pelita Teknologi Global Tbk Interest Coverage Historical Data

The historical data trend for PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk Interest Coverage Chart

PT Pelita Teknologi Global Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
- 7.09 4.59 8.74 5.33

PT Pelita Teknologi Global Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Interest Coverage Get a 7-Day Free Trial 5.10 8.57 - 9.34 3.03

Competitive Comparison of PT Pelita Teknologi Global Tbk's Interest Coverage

For the Telecom Services subindustry, PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Pelita Teknologi Global Tbk's Interest Coverage distribution charts can be found below:

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


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PT Pelita Teknologi Global 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 Pelita Teknologi Global 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 Pelita Teknologi Global Tbk's Interest Expense was Rp-2,291 Mil. Its Operating Income was Rp12,215 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,284 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*12214.829/-2291.138
=5.33

PT Pelita Teknologi Global Tbk's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, PT Pelita Teknologi Global Tbk's Interest Expense was Rp-1,455 Mil. Its Operating Income was Rp4,405 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp1,284 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4404.704/-1455.147
=3.03

* 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 Pelita Teknologi Global Tbk  (ISX:CHIP) 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 Pelita Teknologi Global Tbk Interest Coverage Related Terms

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


PT Pelita Teknologi Global Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Gatot Subroto KM 5, No 66, Kroncong, Jatiuwung, Tangerang, Tangerang, IDN, 15134
PT Pelita Teknologi Global Tbk is engaged in consulting, IT design, and the smart card industry, where the company manufactures and programs SIM Card Operating Systems, Produces Scratch cards for prepaid reloads and others. The company consists of two business activities namely Connectivity Solution which offers products such as SIM (Subscriber Identity Module) Card. IT Business Line and Application which offers programming services, such as Solutions covering end-to-end applications which includes software program development, program customization and others. It has four operating segments Operating System & SIM card, Scratch Card, Fulfillment, and Application in which it generates key revenue from Operating Systems & SIM cards.

PT Pelita Teknologi Global Tbk Headlines

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