PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) Interest Coverage : 0.04 (As of Mar. 2025)

View and export this data going back to 2011. Start your Free Trial

What is PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk's Operating Income for the three months ended in Mar. 2025 was Rp88,371 Mil. PT Garuda Indonesia (Persero) Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-2,051,508 Mil. PT Garuda Indonesia (Persero) Tbk's interest coverage for the quarter that ended in Mar. 2025 was 0.04. 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 Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk's Interest Coverage or its related term are showing as below:

ISX:GIAA' s Interest Coverage Range Over the Past 10 Years
Min: 0.62 Med: 0.77 Max: 1.21
Current: 0.62

ISX:GIAA's Interest Coverage is ranked worse than
97.02% of 838 companies
in the Transportation industry
Industry Median: 6.05 vs ISX:GIAA: 0.62

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 Garuda Indonesia (Persero) Tbk Interest Coverage Historical Data

The historical data trend for PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk Interest Coverage Chart

PT Garuda Indonesia (Persero) Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

Get a 7-Day Free Trial

0.69

0.65

PT Garuda Indonesia (Persero) Tbk Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															0.08	-	0.81	1.24	0.04

Competitive Comparison of PT Garuda Indonesia (Persero) Tbk's Interest Coverage

For the Airlines subindustry, PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk's Interest Coverage Distribution in the Transportation Industry

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

* The bar in red indicates where PT Garuda Indonesia (Persero) Tbk's Interest Coverage falls into.

Save Embed

;

Save Embed

;

PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk's Interest Expense was Rp-7,695,557 Mil. Its Operating Income was Rp4,970,911 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp56,249,302 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	4970911.027	/	-7695556.796
	=	0.65

PT Garuda Indonesia (Persero) Tbk's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, PT Garuda Indonesia (Persero) Tbk's Interest Expense was Rp-2,051,508 Mil. Its Operating Income was Rp88,371 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp57,350,431 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	88371.113	/	-2051507.546
	=	0.04

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

PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) 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 Garuda Indonesia (Persero) Tbk Interest Coverage Related Terms

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

PT Garuda Indonesia (Persero) Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Kebon Sirih No. 46A, Jakarta, IDN, 10110

Website

https://www.garuda-indonesia.com

PT Garuda Indonesia (Persero) Tbk provides airline services in Indonesia and internationally. It operates through Flight Operations, Aircraft Maintenance, and Other segments. It provides scheduled and non-scheduled airline services for domestic and international markets; and aircraft repair, maintenance, and overhaul services. The company also offers computerized reservation system (CRS); training facilities for the employees of travel agencies; technical assistance in the CRS for travel agents, as well as rents computer equipment for travel agents.

PT Garuda Indonesia (Persero) Tbk Headlines

No Headlines