PT Multi Spunindo Jaya Tbk (ISX:MSJA) Interest Coverage: 5.54 (As of Mar. 2026) — 30% Below Median


ISX:MSJA PT Multi Spunindo Jaya Tbk ISX:MSJA
36 GF Score
Price Rp410.00
! 4 Warning Signs
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What is PT Multi Spunindo Jaya Tbk Interest Coverage?

PT Multi Spunindo Jaya Tbk ISX:MSJA +0.49% 36 Interest Coverage is 5.54 as of Mar. 2026, which is 30% below its 10-year median of 7.88. GuruFocus rates ISX:MSJA with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, PT Multi Spunindo Jaya Tbk ranks better than 50.68% 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 Multi Spunindo Jaya Tbk's Operating Income for the three months ended in Mar. 2026 was Rp17,437 Mil. PT Multi Spunindo Jaya Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-3,149 Mil. PT Multi Spunindo Jaya Tbk's interest coverage for the quarter that ended in Mar. 2026 was 5.54. 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: 4.86   Med: 7.88   Max: 22.84
Current: 5.59


ISX:MSJA's Interest Coverage is ranked better than
50.68% of 734 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.445 vs ISX:MSJA: 5.59

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  (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


PT Multi Spunindo Jaya Tbk Interest Coverage Historical Data

* Premium members only.

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.

PT Multi Spunindo Jaya Tbk Interest Coverage Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 11.00 7.33 8.43 4.86 6.46

PT Multi Spunindo Jaya Tbk Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.62 4.08 8.16 6.02 5.54

PT Multi Spunindo Jaya Tbk Interest Coverage Competitor Comparison

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 Interest Coverage vs 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.


ISX:MSJA
36GF Score
PT Multi Spunindo Jaya Tbk ISX:MSJA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, PT Multi Spunindo Jaya Tbk's Interest Expense was Rp-13,934 Mil. Its Operating Income was Rp90,018 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp67,363 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*90017.994/-13933.743
=6.46

PT Multi Spunindo Jaya Tbk's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, PT Multi Spunindo Jaya Tbk's Interest Expense was Rp-3,149 Mil. Its Operating Income was Rp17,437 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp60,844 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*17437.234/-3148.86
=5.54

* 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 5.54 mean?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a Interest Coverage of 5.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Multi Spunindo Jaya Tbk and its competitors. This is 30% below median its historical median of 7.88. Over the past decade, PT Multi Spunindo Jaya Tbk's Interest Coverage has ranged from 4.86 to 22.84. According to the industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #362 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 49.3%.
Is PT Multi Spunindo Jaya Tbk's Interest Coverage too high?
PT Multi Spunindo Jaya Tbk's current Interest Coverage of 5.54 is 30% below median its 10-year median of 7.88. Over the past 10 years, this metric has ranged from a low of 4.86 to a high of 22.84. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. PT Multi Spunindo Jaya Tbk's value of 5.54 is 1.7% above this industry median. Based on the distribution chart, PT Multi Spunindo Jaya Tbk ranks #362 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, PT Multi Spunindo Jaya Tbk has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does PT Multi Spunindo Jaya Tbk's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, PT Multi Spunindo Jaya Tbk ranks #362 out of 734 companies for Interest Coverage. This puts PT Multi Spunindo Jaya Tbk in the upper half of its industry. The industry median Interest Coverage is 5.45. PT Multi Spunindo Jaya Tbk's value of 5.54 is 1.7% above this benchmark. Historically, PT Multi Spunindo Jaya Tbk's own Interest Coverage has ranged from 4.86 to 22.84 over the past decade. While the company's 10-year median is 7.88 vs. the industry median of 5.45, PT Multi Spunindo Jaya Tbk has consistently been above 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 a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 734 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 Spunindo Jaya Tbk's current Interest Coverage of 5.54 is 1.7% 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 Spunindo Jaya Tbk and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Multi Spunindo Jaya Tbk's current Interest Coverage is 5.54, which is 30% below median its own 10-year median of 7.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Multi Spunindo Jaya Tbk stock overvalued right now?
PT Multi Spunindo Jaya Tbk (ISX:MSJA) has a current Interest Coverage of 5.54. The current Interest Coverage is 5.54, which is 30% below median its 10-year median of 7.88 and 1.7% above the Manufacturing - Apparel & Accessories industry median of 5.45. PT Multi Spunindo Jaya Tbk's overall GF Score™ is 36/100 with 4 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 Multi Spunindo Jaya Tbk (ISX:MSJA), the current Interest Coverage is 5.54 as of Mar. 2026. 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 Spunindo Jaya Tbk Business Description

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. It has two segments Local and Export. Geographically, it operates in Indonesia.
36GF 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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