PT Multi Medika Internasional Tbk (ISX:MMIX) Interest Coverage: 37.58 (As of Dec. 2021)


ISX:MMIX PT Multi Medika Internasional Tbk ISX:MMIX
24 GF Score
Price Rp750.00
View Full Analysis

What is PT Multi Medika Internasional Tbk Interest Coverage?

PT Multi Medika Internasional Tbk ISX:MMIX -4.46% 24 Interest Coverage is 37.58 as of Dec. 2021. GuruFocus rates ISX:MMIX with a GF Score™ of 24/100.

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 Medika Internasional Tbk's Operating Income for the six months ended in Dec. 2021 was Rp33,080 Mil. PT Multi Medika Internasional Tbk's Interest Expense for the six months ended in Dec. 2021 was Rp-880 Mil. PT Multi Medika Internasional Tbk's interest coverage for the quarter that ended in Dec. 2021 was 37.58. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Multi Medika Internasional Tbk's Interest Coverage or its related term are showing as below:


ISX:MMIX's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.98
* 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 Medika Internasional Tbk  (ISX:MMIX) 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 Medika Internasional Tbk Interest Coverage Related Terms

PT Multi Medika Internasional Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Multi Medika Internasional 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 Medika Internasional Tbk Interest Coverage Chart

PT Multi Medika Internasional Tbk Annual Data
Trend Dec20 Dec21
Interest Coverage
No Debt 37.58

PT Multi Medika Internasional Tbk Semi-Annual Data
Dec20 Dec21
Interest Coverage No Debt 37.58

PT Multi Medika Internasional Tbk Interest Coverage Competitor Comparison

For the Pharmaceutical Retailers subindustry, PT Multi Medika Internasional 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 Medika Internasional Tbk Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Multi Medika Internasional Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Multi Medika Internasional Tbk's Interest Coverage falls into.


ISX:MMIX
24GF Score
PT Multi Medika Internasional Tbk ISX:MMIX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Multi Medika Internasional 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 Medika Internasional Tbk's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, PT Multi Medika Internasional Tbk's Interest Expense was Rp-880 Mil. Its Operating Income was Rp33,080 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp277 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*33079.51/-880.209
=37.58

PT Multi Medika Internasional Tbk's Interest Coverage for the quarter that ended in Dec. 2021 is calculated as

Here, for the six months ended in Dec. 2021, PT Multi Medika Internasional Tbk's Interest Expense was Rp-880 Mil. Its Operating Income was Rp33,080 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp277 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2021 )/Interest Expense (Q: Dec. 2021 )
=-1*33079.51/-880.209
=37.58

* 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 37.58 mean?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a Interest Coverage of 37.58 as of Dec. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Multi Medika Internasional Tbk and its competitors.
Is PT Multi Medika Internasional Tbk's Interest Coverage too high?
PT Multi Medika Internasional Tbk's current Interest Coverage is 37.58. The Healthcare Providers & Services industry median Interest Coverage is 7.98. PT Multi Medika Internasional Tbk's value of 37.58 is 370.9% above this industry median. Overall, PT Multi Medika Internasional Tbk has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Medika Internasional Tbk's Interest Coverage compare to competitors?
PT Multi Medika Internasional Tbk's Interest Coverage of 37.58 can be compared against companies in the Healthcare Providers & Services industry. The industry median Interest Coverage is 7.98. PT Multi Medika Internasional Tbk's value of 37.58 is 370.9% above this benchmark. 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 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 Multi Medika Internasional Tbk's current Interest Coverage of 37.58 is 370.9% 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 Multi Medika Internasional Tbk and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Medika Internasional Tbk's current Interest Coverage is 37.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Medika Internasional Tbk stock overvalued right now?
PT Multi Medika Internasional Tbk (ISX:MMIX) has a current Interest Coverage of 37.58. The current Interest Coverage is 37.58 and 370.9% above the Healthcare Providers & Services industry median of 7.98. PT Multi Medika Internasional Tbk's overall GF Score™ is 24/100. 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 Medika Internasional Tbk (ISX:MMIX), the current Interest Coverage is 37.58 as of Dec. 2021. 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 Medika Internasional Tbk Business Description

Address Jl. Peternakan III No.55B, Kelurahan Kapuk, Kecamatan Cengkareng, Jakarta Barat, DKI Jakarta, Kode Pos, Jakarta, IDN, 11720
PT Multi Medika Internasional Tbk is engaged in the wholesale trading of medical devices and pharmaceutical and laboratory equipment for humans, operating lease, and non-copyrighted works. It also wholesales other food and beverages, such as rice flour, tapioca flour, bakery premix, caramel, processed honey, shrimp crackers and others; agricultural food and beverages, such as herbs and spices; livestock and fisheries; non-alcoholic beverages, such as fruit juice, soft drinks, mineral water, bottled water, and other similar products; cosmetics for humans such as perfume, soap, powder and others. Its segments include Mask and other non food and beverages, and food and beverages. It derives the majoritf of the revenue from Mask and other non food and beverages segments.
24GF Score

Get the complete analysis for ISX:MMIX

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

Rp750.00
Price