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PT Garda Tujuh Buana Tbk (ISX:GTBO) Interest Coverage : 163.93 (As of Mar. 2024)


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What is PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Operating Income for the three months ended in Mar. 2024 was Rp37,908 Mil. PT Garda Tujuh Buana Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-231 Mil. PT Garda Tujuh Buana Tbk's interest coverage for the quarter that ended in Mar. 2024 was 163.93. The higher the ratio, the stronger the company's financial strength is.

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

ISX:GTBO' s Interest Coverage Range Over the Past 10 Years
Min: 6.78   Med: 42.14   Max: 64.14
Current: 12.98


ISX:GTBO's Interest Coverage is ranked worse than
58.73% of 126 companies
in the Other Energy Sources industry
Industry Median: 21.355 vs ISX:GTBO: 12.98

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 Garda Tujuh Buana Tbk Interest Coverage Historical Data

The historical data trend for PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk Interest Coverage Chart

PT Garda Tujuh Buana Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - N/A 64.14 6.78 25.94

PT Garda Tujuh Buana 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 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 81.54 416.40 190.67 - 163.93

Competitive Comparison of PT Garda Tujuh Buana Tbk's Interest Coverage

For the Thermal Coal subindustry, PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Interest Coverage Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Garda Tujuh Buana Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Garda Tujuh Buana Tbk's Interest Coverage falls into.



PT Garda Tujuh Buana 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 Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Interest Expense was Rp-3,499 Mil. Its Operating Income was Rp90,785 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*90784.782/-3499.43
=25.94

PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk's Interest Expense was Rp-231 Mil. Its Operating Income was Rp37,908 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*37907.926/-231.24
=163.93

* 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 Garda Tujuh Buana Tbk  (ISX:GTBO) 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 Garda Tujuh Buana Tbk Interest Coverage Related Terms

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


PT Garda Tujuh Buana Tbk (ISX:GTBO) Business Description

Traded in Other Exchanges
N/A
Address
Jl. MT Haryono Kav. 33, Gedung Menara Hijau Lantai 5, Suite 501A, Pancoran, Jakarta, IDN, 12770
PT Garda Tujuh Buana TBK is an Indonesia-based company which is engaged in the business of coal mining processing and logistics operations. It is involved in mining and selling low calorific value coal. The mining site is located in the north middle part of Bunyu Island that is unpopulated. The coal-fired power plant operators are its main customers. The company derives revenue from the sales of coal in Indonesia and other countries, of which key revenue is generated by exporting the coal.

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