PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) Interest Coverage: 5.43 (As of Dec. 2025) — 112% Above Median


ISX:MKAP PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
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What is PT Multikarya Asia Pasifik Raya Tbk Interest Coverage?

PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP -0.83% 13 Interest Coverage is 5.43 as of Dec. 2025, which is 112% above its 10-year median of 2.56. GuruFocus rates ISX:MKAP with a GF Score™ of 13/100. The stock has 5 warning signs investors should review. Among 727 Oil & Gas companies, PT Multikarya Asia Pasifik Raya Tbk ranks worse than 51.58% 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 Multikarya Asia Pasifik Raya Tbk's Operating Income for the six months ended in Dec. 2025 was Rp70,601 Mil. PT Multikarya Asia Pasifik Raya Tbk's Interest Expense for the six months ended in Dec. 2025 was Rp-13,000 Mil. PT Multikarya Asia Pasifik Raya Tbk's interest coverage for the quarter that ended in Dec. 2025 was 5.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage or its related term are showing as below:

ISX:MKAP' s Interest Coverage Range Over the Past 10 Years
Min: 0.84   Med: 2.56   Max: 5.43
Current: 5.43

ISX:MKAP's Interest Coverage is ranked worse than
51.58% of 727 companies
in the Oil & Gas industry
Industry Median: 5.88 vs ISX:MKAP: 5.43

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 Multikarya Asia Pasifik Raya Tbk  (ISX:MKAP) 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 Multikarya Asia Pasifik Raya Tbk Interest Coverage Related Terms

PT Multikarya Asia Pasifik Raya Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Interest Coverage Chart

PT Multikarya Asia Pasifik Raya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Interest Coverage
0.84 0.91 2.56 5.17 5.43

PT Multikarya Asia Pasifik Raya Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Interest Coverage 0.84 0.91 2.56 5.17 5.43

ISX:MKAP vs SLB, BKR, HAL: Interest Coverage Comparison

For the Oil & Gas Equipment & Services subindustry, PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage falls into.


ISX:MKAP
13GF Score
PT Multikarya Asia Pasifik Raya Tbk ISX:MKAP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya 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 Multikarya Asia Pasifik Raya Tbk's Interest Expense was Rp-13,000 Mil. Its Operating Income was Rp70,601 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp29,657 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*70601.025/-12999.991
=5.43

PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, PT Multikarya Asia Pasifik Raya Tbk's Interest Expense was Rp-13,000 Mil. Its Operating Income was Rp70,601 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp29,657 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*70601.025/-12999.991
=5.43

* 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 5.43 mean?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a Interest Coverage of 5.43 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Multikarya Asia Pasifik Raya Tbk and its competitors. This is 112% above median its historical median of 2.56. Over the past decade, PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage has ranged from 0.84 to 5.43. According to the industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #375 out of 727 companies in the Oil & Gas industry, placing it in the top 51.6%.
Is PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage too high?
PT Multikarya Asia Pasifik Raya Tbk's current Interest Coverage of 5.43 is 112% above median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 5.43. The Oil & Gas industry median Interest Coverage is 5.88. PT Multikarya Asia Pasifik Raya Tbk's value of 5.43 is 7.7% below this industry median. Based on the distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #375 out of 727 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PT Multikarya Asia Pasifik Raya Tbk has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does PT Multikarya Asia Pasifik Raya Tbk's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, PT Multikarya Asia Pasifik Raya Tbk ranks #375 out of 727 companies for Interest Coverage. This places PT Multikarya Asia Pasifik Raya Tbk in the lower half of its industry. The industry median Interest Coverage is 5.88. PT Multikarya Asia Pasifik Raya Tbk's value of 5.43 is 7.7% below this benchmark. Historically, PT Multikarya Asia Pasifik Raya Tbk's own Interest Coverage has ranged from 0.84 to 5.43 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 5.88, PT Multikarya Asia Pasifik Raya Tbk has consistently been below 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.88, based on 727 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 Multikarya Asia Pasifik Raya Tbk's current Interest Coverage of 5.43 is 7.7% below 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 Multikarya Asia Pasifik Raya Tbk and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multikarya Asia Pasifik Raya Tbk's current Interest Coverage is 5.43, which is 112% above median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multikarya Asia Pasifik Raya Tbk stock overvalued right now?
PT Multikarya Asia Pasifik Raya Tbk (ISX:MKAP) has a current Interest Coverage of 5.43. The current Interest Coverage is 5.43, which is 112% above median its 10-year median of 2.56 and 7.7% below the Oil & Gas industry median of 5.88. PT Multikarya Asia Pasifik Raya Tbk's overall GF Score™ is 13/100 with 5 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 Multikarya Asia Pasifik Raya Tbk (ISX:MKAP), the current Interest Coverage is 5.43 as of Dec. 2025. 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 Multikarya Asia Pasifik Raya Tbk Business Description

Industry EnergyOil & Gas
Address Jalan TB Simatupang No 02, Cibis Nine, 16th Floor, Cilandak Timur, Pasar Minggu, South Jakarta, Jakarta, IDN, 12560
PT Multikarya Asia Pasifik Raya Tbk is engaged in the manufacturing and trading of services, as well as the rental and repair of pumps and other supporting equipment, including spare parts for the oil, natural gas, and mining industries. The firm operates through two main segments: Spare Parts and Procurement, and Rental and Services, with the majority of its revenue coming from the Spare Parts and Procurement segment. For the oil and gas industry, it offers products and services such as crude oil transfer to and from further processing, water reinjection production, water treatment injection plants, and pumps for mud, cement, and stimulation. In the mining industry, the company provides services for water drying and mud removal, along with reinstallation, repair, and rejuvenation of pump.
13GF Score

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

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