PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Interest Coverage : 14.53 (As of Dec. 2024)

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What is PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Operating Income for the three months ended in Dec. 2024 was Rp125,392 Mil. PT Mandiri Herindo Adiperkasa Tbk's Interest Expense for the three months ended in Dec. 2024 was Rp-8,628 Mil. PT Mandiri Herindo Adiperkasa Tbk's interest coverage for the quarter that ended in Dec. 2024 was 14.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Mandiri Herindo Adiperkasa Tbk's Interest Coverage or its related term are showing as below:

ISX:MAHA' s Interest Coverage Range Over the Past 10 Years
Min: 10.61 Med: 13.07 Max: 24.86
Current: 10.91

ISX:MAHA's Interest Coverage is ranked better than
65.48% of 840 companies
in the Transportation industry
Industry Median: 6.025 vs ISX:MAHA: 10.91

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 Mandiri Herindo Adiperkasa Tbk Interest Coverage Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk Interest Coverage Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

10.61

19.67

24.86

13.07

10.91

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
	Dec20	Dec21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial							15.53	8.93	6.12	14.15	14.53

Competitive Comparison of PT Mandiri Herindo Adiperkasa Tbk's Interest Coverage

For the Trucking subindustry, PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Mandiri Herindo Adiperkasa Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Mandiri Herindo Adiperkasa Tbk's Interest Coverage falls into.

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PT Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa 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 Mandiri Herindo Adiperkasa Tbk's Interest Expense was Rp-34,266 Mil. Its Operating Income was Rp373,824 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp170,758 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	373823.515	/	-34265.509
	=	10.91

PT Mandiri Herindo Adiperkasa Tbk's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, PT Mandiri Herindo Adiperkasa Tbk's Interest Expense was Rp-8,628 Mil. Its Operating Income was Rp125,392 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp170,758 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	125391.995	/	-8628.202
	=	14.53

The higher the ratio, the stronger the company's Financial Strength is.

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) 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 Mandiri Herindo Adiperkasa Tbk Interest Coverage Related Terms

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

PT Mandiri Herindo Adiperkasa Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senopati Raya No. 8B, Gedung Office 8, Floor 31, Unit A, SCBD Lot 28, Jakarta, IDN, 12190

Website

https://www.mha.co.id

PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer. The company classifies its business into three geographical segments which are North Kalimantan, East Kalimantan, and Central Kalimantan. The company generates majority of its revenue from East Kalimantan segment.

PT Mandiri Herindo Adiperkasa Tbk Headlines

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