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PT Inocycle Technology Group Tbk (ISX:INOV) Interest Coverage : 0 (At Loss) (As of . 20)


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What is PT Inocycle Technology Group 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 Inocycle Technology Group Tbk's Operating Income for the six months ended in . 20 was Rp0.00 Mil. PT Inocycle Technology Group Tbk's Interest Expense for the six months ended in . 20 was Rp0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


ISX:INOV's Interest Coverage is not ranked *
in the Waste Management industry.
Industry Median: 5.58
* 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 Inocycle Technology Group Tbk Interest Coverage Historical Data

The historical data trend for PT Inocycle Technology Group 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 Inocycle Technology Group Tbk Interest Coverage Chart

PT Inocycle Technology Group Tbk Annual Data
Trend
Interest Coverage

PT Inocycle Technology Group Tbk Semi-Annual Data
Interest Coverage

Competitive Comparison of PT Inocycle Technology Group Tbk's Interest Coverage

For the Waste Management subindustry, PT Inocycle Technology Group 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 Inocycle Technology Group Tbk's Interest Coverage Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PT Inocycle Technology Group Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Inocycle Technology Group Tbk's Interest Coverage falls into.


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PT Inocycle Technology Group 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 Inocycle Technology Group Tbk's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, PT Inocycle Technology Group Tbk's Interest Expense was Rp0.00 Mil. Its Operating Income was Rp0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0.00 Mil.

PT Inocycle Technology Group Tbk had no debt (1).

PT Inocycle Technology Group Tbk's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, PT Inocycle Technology Group Tbk's Interest Expense was Rp0.00 Mil. Its Operating Income was Rp0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0.00 Mil.

PT Inocycle Technology Group Tbk had no debt (1).

* 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 Inocycle Technology Group Tbk  (ISX:INOV) 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 Inocycle Technology Group Tbk Interest Coverage Related Terms

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PT Inocycle Technology Group Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Putera Utama No. 10, Pasar Kemis Industrial Estate, Banten, Tangerang, IDN, 15560
PT Inocycle Technology Group Tbk is an Indonesia-based company engaged in the production of Recycled Polyester Staple Fiber by processing recycled plastic without waste. The Recycled Polyester Staple Fiber is a raw material for several products including non-woven manufacturing to automotive, construction, agriculture, infrastructure, and clothing and homeware. The company operates and manages the business in a single segment that provides non-woven products, polyester fiber, and sewing services.

PT Inocycle Technology Group Tbk Headlines