PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) Interest Coverage: 0 (At Loss) (As of Mar. 2022)


ISX:MAGP PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
4 GF Score
Price Rp50.00
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What is PT Multi Agro Gemilang Plantation Tbk Interest Coverage?

PT Multi Agro Gemilang Plantation Tbk ISX:MAGP 4 Interest Coverage is 0 (At Loss) as of Mar. 2022. GuruFocus rates ISX:MAGP with a GF Score™ of 4/100.

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 Multi Agro Gemilang Plantation Tbk's Operating Income for the three months ended in Mar. 2022 was Rp-5,350 Mil. PT Multi Agro Gemilang Plantation Tbk's Interest Expense for the three months ended in Mar. 2022 was Rp-6,373 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 Multi Agro Gemilang Plantation Tbk's Interest Coverage or its related term are showing as below:


ISX:MAGP's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* 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 Multi Agro Gemilang Plantation Tbk  (ISX:MAGP) 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 Multi Agro Gemilang Plantation Tbk Interest Coverage Related Terms


PT Multi Agro Gemilang Plantation Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Multi Agro Gemilang Plantation 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 Multi Agro Gemilang Plantation Tbk Interest Coverage Chart

PT Multi Agro Gemilang Plantation Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only N/A 0.12 0.00 0.00 0.00

PT Multi Agro Gemilang Plantation Tbk Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22
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 0.00 0.00 0.18 0.00 0.00

ISX:MAGP vs ADM, TSN, BG: Interest Coverage Comparison

For the Farm Products subindustry, PT Multi Agro Gemilang Plantation 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 Multi Agro Gemilang Plantation Tbk Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Multi Agro Gemilang Plantation Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Multi Agro Gemilang Plantation Tbk's Interest Coverage falls into.


ISX:MAGP
4GF Score
PT Multi Agro Gemilang Plantation Tbk ISX:MAGP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multi Agro Gemilang Plantation 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 Multi Agro Gemilang Plantation Tbk's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, PT Multi Agro Gemilang Plantation Tbk's Interest Expense was Rp-43,355 Mil. Its Operating Income was Rp-51,476 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp285,440 Mil.

PT Multi Agro Gemilang Plantation Tbk did not have earnings to cover the interest expense.

PT Multi Agro Gemilang Plantation Tbk's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, PT Multi Agro Gemilang Plantation Tbk's Interest Expense was Rp-6,373 Mil. Its Operating Income was Rp-5,350 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp107,894 Mil.

PT Multi Agro Gemilang Plantation 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a Interest Coverage of 0 (At Loss) as of Mar. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Multi Agro Gemilang Plantation Tbk and its competitors.
Is PT Multi Agro Gemilang Plantation Tbk's Interest Coverage too high?
PT Multi Agro Gemilang Plantation Tbk's current Interest Coverage is 0 (At Loss). Overall, PT Multi Agro Gemilang Plantation Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Agro Gemilang Plantation Tbk's Interest Coverage compare to ADM and TSN?
PT Multi Agro Gemilang Plantation Tbk's Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.60. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 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. 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 Multi Agro Gemilang Plantation Tbk and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Agro Gemilang Plantation Tbk's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Agro Gemilang Plantation Tbk stock overvalued right now?
PT Multi Agro Gemilang Plantation Tbk (ISX:MAGP) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). PT Multi Agro Gemilang Plantation Tbk's overall GF Score™ is 4/100. 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 Multi Agro Gemilang Plantation Tbk (ISX:MAGP), the current Interest Coverage is 0 (At Loss) as of Mar. 2022. 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.

PT Multi Agro Gemilang Plantation Tbk Business Description

Address Jalan Jenderal Sudirman Kav 1 Gelora Tanah Abang, Panin Bank Tower, 2nd Floor, Central Jakarta, Jakarta, IDN, 1027
PT Multi Agro Gemilang Plantation Tbk is mainly engaged in oil palm plantation.
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