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PTnurhasta Mitra Tbk (ISX:MINA) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is PTnurhasta Mitra 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. PTnurhasta Mitra Tbk's Operating Income for the three months ended in Mar. 2024 was Rp-1,279 Mil. PTnurhasta Mitra Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-1 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 PTnurhasta Mitra Tbk's Interest Coverage or its related term are showing as below:


ISX:MINA's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.15
* 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.


PTnurhasta Mitra Tbk Interest Coverage Historical Data

The historical data trend for PTnurhasta Mitra 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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PTnurhasta Mitra Tbk Interest Coverage Chart

PTnurhasta Mitra Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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PTnurhasta Mitra Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PTnurhasta Mitra Tbk's Interest Coverage

For the Lodging subindustry, PTnurhasta Mitra 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.


PTnurhasta Mitra Tbk's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, PTnurhasta Mitra Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PTnurhasta Mitra Tbk's Interest Coverage falls into.



PTnurhasta Mitra 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.

PTnurhasta Mitra 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, PTnurhasta Mitra Tbk's Interest Expense was Rp-248 Mil. Its Operating Income was Rp-2,588 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,219 Mil.

PTnurhasta Mitra Tbk did not have earnings to cover the interest expense.

PTnurhasta Mitra Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, PTnurhasta Mitra Tbk's Interest Expense was Rp-1 Mil. Its Operating Income was Rp-1,279 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,219 Mil.

PTnurhasta Mitra 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.


PTnurhasta Mitra Tbk  (ISX:MINA) 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 .


PTnurhasta Mitra Tbk Interest Coverage Related Terms

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


PTnurhasta Mitra Tbk (ISX:MINA) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Jend. Sudirman Kav 52-53, Equity Tower, Lantai 11th Unit, Unit D, Sudirman Central Business District Lot 9, Jakarta, IDN, 12190
PT Sanurhasta Mitra Tbk is an Indonesia-based company engaged in the development of property and hotels. The main business activity of the company involves the development and management of resorts. The company is segmented as cottages and real estate, out of which the company earns the majority of its revenue from cottages. The company offers services through a villa, the Santai which provides services such as return airport transfers, shuttle service to Seminyak, in-villa spa treatments, private guided tours, bicycles, and many more.

PTnurhasta Mitra Tbk (ISX:MINA) Headlines

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