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PT AirAsia Indonesia Tbk (ISX:CMPP) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is PT AirAsia Indonesia 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 AirAsia Indonesia Tbk's Operating Income for the three months ended in Dec. 2023 was Rp-171,992 Mil. PT AirAsia Indonesia Tbk's Interest Expense for the three months ended in Dec. 2023 was Rp-95,386 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


ISX:CMPP's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.38
* 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 AirAsia Indonesia Tbk Interest Coverage Historical Data

The historical data trend for PT AirAsia Indonesia 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 AirAsia Indonesia Tbk Interest Coverage Chart

PT AirAsia Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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PT AirAsia Indonesia Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.02 - - - -

Competitive Comparison of PT AirAsia Indonesia Tbk's Interest Coverage

For the Airlines subindustry, PT AirAsia Indonesia 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 AirAsia Indonesia Tbk's Interest Coverage Distribution in the Transportation Industry

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

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



PT AirAsia Indonesia 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 AirAsia Indonesia 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 AirAsia Indonesia Tbk's Interest Expense was Rp-352,339 Mil. Its Operating Income was Rp-883,550 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp5,182,294 Mil.

PT AirAsia Indonesia Tbk did not have earnings to cover the interest expense.

PT AirAsia Indonesia Tbk's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, PT AirAsia Indonesia Tbk's Interest Expense was Rp-95,386 Mil. Its Operating Income was Rp-171,992 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp5,182,294 Mil.

PT AirAsia Indonesia Tbk did not have earnings to cover the interest expense.

* 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 AirAsia Indonesia Tbk  (ISX:CMPP) 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 AirAsia Indonesia Tbk Interest Coverage Related Terms

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


PT AirAsia Indonesia Tbk (ISX:CMPP) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Marsekal Suryadharma No. 1, Selapajang Jaya, Neglasari, Tangerang Banten, IDN, 15127
PT AirAsia Indonesia Tbk is an Indonesia-based company that engages in the provision of air transportation services. The company offers ticket booking, flight schedules, online airline status checking, and other related services. It operates through the following segments: Flight Operations; Ancillary and others. The Flight Operations segment generates maximum revenue for the company.

PT AirAsia Indonesia Tbk (ISX:CMPP) Headlines

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