GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Dharma Polimetal Tbk (ISX:DRMA) » Definitions » Interest Coverage

PT Dharma Polimetal Tbk (ISX:DRMA) Interest Coverage : 19.26 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is PT Dharma Polimetal 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 Dharma Polimetal Tbk's Operating Income for the three months ended in Mar. 2024 was Rp173,387 Mil. PT Dharma Polimetal Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-9,003 Mil. PT Dharma Polimetal Tbk's interest coverage for the quarter that ended in Mar. 2024 was 19.26. The higher the ratio, the stronger the company's financial strength is.

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

ISX:DRMA' s Interest Coverage Range Over the Past 10 Years
Min: 1.18   Med: 5.61   Max: 17.34
Current: 17.34


ISX:DRMA's Interest Coverage is ranked better than
67.44% of 1038 companies
in the Vehicles & Parts industry
Industry Median: 7.88 vs ISX:DRMA: 17.34

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 Dharma Polimetal Tbk Interest Coverage Historical Data

The historical data trend for PT Dharma Polimetal 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 Dharma Polimetal Tbk Interest Coverage Chart

PT Dharma Polimetal Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 5.52 1.18 5.70 10.12 17.13

PT Dharma Polimetal Tbk Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.15 15.72 20.82 13.35 19.26

Competitive Comparison of PT Dharma Polimetal Tbk's Interest Coverage

For the Auto Parts subindustry, PT Dharma Polimetal 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 Dharma Polimetal Tbk's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Dharma Polimetal Tbk's Interest Coverage distribution charts can be found below:

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



PT Dharma Polimetal 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 Dharma Polimetal 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 Dharma Polimetal Tbk's Interest Expense was Rp-40,916 Mil. Its Operating Income was Rp701,028 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp292,202 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*701028.198/-40915.997
=17.13

PT Dharma Polimetal 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 Dharma Polimetal Tbk's Interest Expense was Rp-9,003 Mil. Its Operating Income was Rp173,387 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp302,120 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*173387.007/-9002.805
=19.26

* 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 Dharma Polimetal Tbk  (ISX:DRMA) 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 Dharma Polimetal Tbk Interest Coverage Related Terms

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


PT Dharma Polimetal Tbk (ISX:DRMA) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Delta Silicon 1 Cikarang, Jl. Angsana Raya Blok A9, West Java, IDN, 17550
PT Dharma Polimetal Tbk is engaged in the business of automotive components for motorcycles and cars. The Company's business activities are divided into three operating segments, such as two-wheel segment, four-wheel segment and other segments. The Company's business focus is manufacturing various Original Equipment Manufacturer (OEM) components for two-wheel and four-wheel vehicles.