PT Duta Anggada Realty Tbk (ISX:DART) Interest Coverage : 0.12 (As of Mar. 2024)

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What is PT Duta Anggada Realty 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 Duta Anggada Realty Tbk's Operating Income for the three months ended in Mar. 2024 was Rp9,962 Mil. PT Duta Anggada Realty Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-81,970 Mil. PT Duta Anggada Realty Tbk's interest coverage for the quarter that ended in Mar. 2024 was 0.12. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Duta Anggada Realty Tbks earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

ISX:DART' s Interest Coverage Range Over the Past 10 Years
Min: 0.05 Med: 1.7 Max: 8.15
Current: 0.13

ISX:DART's Interest Coverage is ranked worse than
98.05% of 1334 companies
in the Real Estate industry
Industry Median: 3.97 vs ISX:DART: 0.13

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 Duta Anggada Realty Tbk Interest Coverage Historical Data

The historical data trend for PT Duta Anggada Realty 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 Duta Anggada Realty Tbk Interest Coverage Chart

PT Duta Anggada Realty Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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0.05

0.08

PT Duta Anggada Realty Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	-	0.16	0.28	0.12

Competitive Comparison of PT Duta Anggada Realty Tbk's Interest Coverage

For the Real Estate Services subindustry, PT Duta Anggada Realty 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 Duta Anggada Realty Tbk's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Duta Anggada Realty Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Duta Anggada Realty Tbk's Interest Coverage falls into.

PT Duta Anggada Realty 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 Duta Anggada Realty 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 Duta Anggada Realty Tbk's Interest Expense was Rp-340,659 Mil. Its Operating Income was Rp28,521 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp3,135,048 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	28520.691	/	-340658.502
	=	0.08

PT Duta Anggada Realty 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 Duta Anggada Realty Tbk's Interest Expense was Rp-81,970 Mil. Its Operating Income was Rp9,962 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp2,909,077 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	9962.392	/	-81969.85
	=	0.12

The higher the ratio, the stronger the company's Financial Strength is.

PT Duta Anggada Realty Tbk (ISX:DART) 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 Duta Anggada Realty Tbk Interest Coverage Related Terms

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

PT Duta Anggada Realty Tbk (ISX:DART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » PT Duta Anggada Realty Tbk (ISX:DART) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend. Sudirman Kav. 21, Plaza Chase, 21 Floor, Jakarta, IDN, 12920

Website

https://www.dutaanggadarealty.com

PT Duta Anggada Realty Tbk is a real estate company. The company engages in the development, sales, rental, and managing of the apartment, office buildings, shopping centers, tourism hospitality, and other related activities. Its portfolio of real estate consists of fully completed or under-development properties in the office, residential, retail, hotel, and industrial estate sectors. The company's segments include Rental Income, Service fees, Hotel income, Strata title units sold, and Others. The majority of the income is derived from the Rental income segment.

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