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PT Multi Spunindo Jaya Tbk (ISX:MSJA) Interest Coverage : 30.62 (As of Mar. 2025)


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What is PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk's Operating Income for the three months ended in Mar. 2025 was Rp14,624 Mil. PT Multi Spunindo Jaya Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-478 Mil. PT Multi Spunindo Jaya Tbk's interest coverage for the quarter that ended in Mar. 2025 was 30.62. The higher the ratio, the stronger the company's financial strength is.

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

ISX:MSJA' s Interest Coverage Range Over the Past 10 Years
Min: 5.07   Med: 8.43   Max: 22.84
Current: 6.03


ISX:MSJA's Interest Coverage is ranked better than
53.59% of 724 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.015 vs ISX:MSJA: 6.03

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 Spunindo Jaya Tbk Interest Coverage Historical Data

The historical data trend for PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Interest Coverage Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
22.84 11.00 7.33 8.43 5.07

PT Multi Spunindo Jaya Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.30 1.88 8.60 5.63 30.62

Competitive Comparison of PT Multi Spunindo Jaya Tbk's Interest Coverage

For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Spunindo Jaya Tbk's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Interest Coverage distribution charts can be found below:

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


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PT Multi Spunindo Jaya 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 Spunindo Jaya 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 Multi Spunindo Jaya Tbk's Interest Expense was Rp-20,814 Mil. Its Operating Income was Rp105,596 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp69,788 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*105595.859/-20814.491
=5.07

PT Multi Spunindo Jaya Tbk's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, PT Multi Spunindo Jaya Tbk's Interest Expense was Rp-478 Mil. Its Operating Income was Rp14,624 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp63,915 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*14624.217/-477.593
=30.62

* 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 Multi Spunindo Jaya Tbk  (ISX:MSJA) 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 Spunindo Jaya Tbk Interest Coverage Related Terms

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PT Multi Spunindo Jaya Tbk Business Description

Traded in Other Exchanges
N/A
Address
Desa Jabaran, Kec. Belongbendo, Krian, Sidoarjo, Jawa Timur, IDN, 61263
PT Multi Spunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors.

PT Multi Spunindo Jaya Tbk Headlines

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