PT Jasa Armada Indonesia Tbk (ISX:IPCM) Interest Coverage: 65.36 (As of Mar. 2026) — 26% Below Median


ISX:IPCM PT Jasa Armada Indonesia Tbk ISX:IPCM
94 GF Score
Price Rp328.00
GF Value Rp349.85
Valuation Fairly Valued
! 4 Warning Signs
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What is PT Jasa Armada Indonesia Tbk Interest Coverage?

PT Jasa Armada Indonesia Tbk ISX:IPCM 94 Interest Coverage is 65.36 as of Mar. 2026, which is 26% below its 10-year median of 88.38. GuruFocus rates ISX:IPCM with a GF Score™ of 94/100 and a GF Value™ of Rp349.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 838 Transportation companies, PT Jasa Armada Indonesia Tbk ranks better than 82.34% on this metric.

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 Jasa Armada Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp54,988 Mil. PT Jasa Armada Indonesia Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-841 Mil. PT Jasa Armada Indonesia Tbk's interest coverage for the quarter that ended in Mar. 2026 was 65.36. The higher the ratio, the stronger the company's financial strength is.

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

ISX:IPCM' s Interest Coverage Range Over the Past 10 Years
Min: 18.79   Med: 88.38   Max: 2010.17
Current: 28.07


ISX:IPCM's Interest Coverage is ranked better than
82.34% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs ISX:IPCM: 28.07

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 Jasa Armada Indonesia Tbk  (ISX:IPCM) 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 Jasa Armada Indonesia Tbk Interest Coverage Related Terms


PT Jasa Armada Indonesia Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Jasa Armada Indonesia 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.

PT Jasa Armada Indonesia Tbk Interest Coverage Chart

PT Jasa Armada Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.50 109.12 67.63 18.79 26.46

PT Jasa Armada Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 40.64 42.48 47.50 14.21 65.36

PT Jasa Armada Indonesia Tbk Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, PT Jasa Armada Indonesia Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Jasa Armada Indonesia Tbk's Interest Coverage falls into.


ISX:IPCM
94GF Score
PT Jasa Armada Indonesia Tbk ISX:IPCM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Jasa Armada Indonesia 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 Jasa Armada Indonesia Tbk's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, PT Jasa Armada Indonesia Tbk's Interest Expense was Rp-9,341 Mil. Its Operating Income was Rp247,221 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp3,921 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*247221.1/-9341.479
=26.46

PT Jasa Armada Indonesia Tbk's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, PT Jasa Armada Indonesia Tbk's Interest Expense was Rp-841 Mil. Its Operating Income was Rp54,988 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp2,941 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*54987.646/-841.342
=65.36

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 65.36 mean?
PT Jasa Armada Indonesia Tbk (ISX:IPCM) has a Interest Coverage of 65.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Jasa Armada Indonesia Tbk and its competitors. This is 26% below median its historical median of 88.38. Over the past decade, PT Jasa Armada Indonesia Tbk's Interest Coverage has ranged from 18.79 to 2,010.17. According to the industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #148 out of 838 companies in the Transportation industry, placing it in the top 17.7%.
Is PT Jasa Armada Indonesia Tbk's Interest Coverage too high?
PT Jasa Armada Indonesia Tbk's current Interest Coverage of 65.36 is 26% below median its 10-year median of 88.38. Over the past 10 years, this metric has ranged from a low of 18.79 to a high of 2,010.17. The Transportation industry median Interest Coverage is 5.72. PT Jasa Armada Indonesia Tbk's value of 65.36 is 1042.7% above this industry median. Based on the distribution chart, PT Jasa Armada Indonesia Tbk ranks #148 out of 838 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Jasa Armada Indonesia Tbk has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Jasa Armada Indonesia Tbk's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, PT Jasa Armada Indonesia Tbk ranks #148 out of 838 companies for Interest Coverage. This places PT Jasa Armada Indonesia Tbk in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. PT Jasa Armada Indonesia Tbk's value of 65.36 is 1042.7% above this benchmark. Historically, PT Jasa Armada Indonesia Tbk's own Interest Coverage has ranged from 18.79 to 2,010.17 over the past decade. While the company's 10-year median is 88.38 vs. the industry median of 5.72, PT Jasa Armada Indonesia Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Jasa Armada Indonesia Tbk's current Interest Coverage of 65.36 is 1042.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Jasa Armada Indonesia Tbk and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Jasa Armada Indonesia Tbk's current Interest Coverage is 65.36, which is 26% below median its own 10-year median of 88.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Jasa Armada Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk (ISX:IPCM) is currently considered Fairly Valued. The stock's GF Value™ is Rp349.85, compared to a current price of Rp328.00 — trading 6.2% below its estimated fair value. The current Interest Coverage is 65.36, which is 26% below median its 10-year median of 88.38 and 1042.7% above the Transportation industry median of 5.72. PT Jasa Armada Indonesia Tbk's overall GF Score™ is 94/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For PT Jasa Armada Indonesia Tbk (ISX:IPCM), the current Interest Coverage is 65.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Jasa Armada Indonesia Tbk (ISX:IPCM) Overvalued in 2026?

Based on GuruFocus' analysis, PT Jasa Armada Indonesia Tbk stock appears to be undervalued. The current stock price of Rp328.00 is trading 6.2% below its estimated GF Value™ of Rp349.85. GuruFocus considers PT Jasa Armada Indonesia Tbk to be Fairly Valued.

Key valuation signals for ISX:IPCM:

  • Interest Coverage: 65.36 (26% below median its 10-year median of 88.38)
  • GF Value™: Rp349.85 vs. price of Rp328.00 (6.2% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 1042.7% above the Transportation median (#148 of 838)

No single metric tells the full story. See the ISX:IPCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Jasa Armada Indonesia Tbk Business Description

Address Jalan Yos Sudarso No. 9, Pelindo Tower, 8th & 9th Floor, Rawa Badak Utara, Koja, North Jakarta, Jakarta, IDN, 14230
PT Jasa Armada Indonesia Tbk is engaged in pilotage and towage services for container vessels, dry and liquid bulk, inland waterways, and offshore STS. The company also provides fleet maintenance services. The company's operating segments are Vessel Services, and Freight Services & Other Services. The company generates maximum revenue from the Vessel services segment.
94GF Score

Get the complete analysis for ISX:IPCM

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp328.00
Price
Rp349.85
GF Value