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PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk's Operating Income for the three months ended in Mar. 2025 was Rp-193,442 Mil. PT Goto Gojek Tokopedia Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-117,721 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 Goto Gojek Tokopedia Tbk's Interest Coverage or its related term are showing as below:


ISX:GOTO's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.095
* 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 Goto Gojek Tokopedia Tbk Interest Coverage Historical Data

The historical data trend for PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk Interest Coverage Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec18 Dec19 Dec20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of PT Goto Gojek Tokopedia Tbk's Interest Coverage

For the Software - Infrastructure subindustry, PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's Interest Coverage falls into.


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PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk's Interest Expense was Rp-484,363 Mil. Its Operating Income was Rp-2,240,874 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp2,609,619 Mil.

PT Goto Gojek Tokopedia Tbk did not have earnings to cover the interest expense.

PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk's Interest Expense was Rp-117,721 Mil. Its Operating Income was Rp-193,442 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp2,725,352 Mil.

PT Goto Gojek Tokopedia 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 Goto Gojek Tokopedia Tbk  (ISX:GOTO) 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 Goto Gojek Tokopedia Tbk Interest Coverage Related Terms

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


PT Goto Gojek Tokopedia Tbk Business Description

Traded in Other Exchanges
Address
Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

PT Goto Gojek Tokopedia Tbk Headlines

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