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PT Madusari Murni Indah Tbk (ISX:MOLI) Interest Coverage : 2.46 (As of Mar. 2024)


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What is PT Madusari Murni Indah 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 Madusari Murni Indah Tbk's Operating Income for the three months ended in Mar. 2024 was Rp21,711 Mil. PT Madusari Murni Indah Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-8,823 Mil. PT Madusari Murni Indah Tbk's interest coverage for the quarter that ended in Mar. 2024 was 2.46. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Madusari Murni Indah Tbk's Interest Coverage or its related term are showing as below:

ISX:MOLI' s Interest Coverage Range Over the Past 10 Years
Min: 1.97   Med: 3.66   Max: 9.34
Current: 3.06


ISX:MOLI's Interest Coverage is ranked worse than
77.61% of 1179 companies
in the Chemicals industry
Industry Median: 9.55 vs ISX:MOLI: 3.06

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 Madusari Murni Indah Tbk Interest Coverage Historical Data

The historical data trend for PT Madusari Murni Indah 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.

* Premium members only.

PT Madusari Murni Indah Tbk Interest Coverage Chart

PT Madusari Murni Indah Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 2.67 3.66 2.13 1.97 3.01

PT Madusari Murni Indah Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.37 2.77 3.28 3.65 2.46

Competitive Comparison of PT Madusari Murni Indah Tbk's Interest Coverage

For the Chemicals subindustry, PT Madusari Murni Indah 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 Madusari Murni Indah Tbk's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PT Madusari Murni Indah Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Madusari Murni Indah Tbk's Interest Coverage falls into.



PT Madusari Murni Indah 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 Madusari Murni Indah 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, PT Madusari Murni Indah Tbk's Interest Expense was Rp-36,427 Mil. Its Operating Income was Rp109,567 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp17,592 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*109567.033/-36426.887
=3.01

PT Madusari Murni Indah Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, PT Madusari Murni Indah Tbk's Interest Expense was Rp-8,823 Mil. Its Operating Income was Rp21,711 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp13,342 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*21710.528/-8822.733
=2.46

* 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.


PT Madusari Murni Indah Tbk  (ISX:MOLI) 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 Madusari Murni Indah Tbk Interest Coverage Related Terms

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


PT Madusari Murni Indah Tbk (ISX:MOLI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sumber Waras No. 255, Lawang, Kalirejo, Jawa Timur, Malang, IDN, 65216
PT Madusari Murni Indah Tbk is an Indonesian investment holding company. The company is into Production, distribution, trading, advisory, and brokering of various chemical and non-chemical products, both organic and non-organic, such as ethanol, fertilizers,CO2 (liquid and dry forms) among others. The company's operating segments include Ethanol and fertilizer; and Carbon dioxide and others. It generates maximum revenue from Ethanol and fertilizer segment. The company's ethanol products are Prime ethanol; Super quality ethanol; Super fine quality ethanol and Technical grade and spiritus.

PT Madusari Murni Indah Tbk (ISX:MOLI) Headlines

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