PT Mastersystem Infotama Tbk (ISX:MSTI) Interest Coverage : 73.41 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's Operating Income for the three months ended in Sep. 2024 was Rp176,420 Mil. PT Mastersystem Infotama Tbk's Interest Expense for the three months ended in Sep. 2024 was Rp-2,403 Mil. PT Mastersystem Infotama Tbk's interest coverage for the quarter that ended in Sep. 2024 was 73.41. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Mastersystem Infotama Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

ISX:MSTI' s Interest Coverage Range Over the Past 10 Years
Min: 28.74 Med: 38.96 Max: 60.73
Current: 55.45

ISX:MSTI's Interest Coverage is ranked better than
59.76% of 1613 companies
in the Software industry
Industry Median: 27.86 vs ISX:MSTI: 55.45

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 Mastersystem Infotama Tbk Interest Coverage Historical Data

The historical data trend for PT Mastersystem Infotama 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 Mastersystem Infotama Tbk Interest Coverage Chart

PT Mastersystem Infotama Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Coverage

60.73

33.81

44.11

28.74

PT Mastersystem Infotama Tbk Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial					17.23	53.45	51.06	42.66	73.41

Competitive Comparison of PT Mastersystem Infotama Tbk's Interest Coverage

For the Information Technology Services subindustry, PT Mastersystem Infotama 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 Mastersystem Infotama Tbk's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, PT Mastersystem Infotama Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Mastersystem Infotama Tbk's Interest Coverage falls into.

PT Mastersystem Infotama 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 Mastersystem Infotama 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 Mastersystem Infotama Tbk's Interest Expense was Rp-20,254 Mil. Its Operating Income was Rp582,055 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp28,865 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	582055.034	/	-20253.897
	=	28.74

PT Mastersystem Infotama Tbk's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, PT Mastersystem Infotama Tbk's Interest Expense was Rp-2,403 Mil. Its Operating Income was Rp176,420 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp38,813 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	176420.087	/	-2403.078
	=	73.41

The higher the ratio, the stronger the company's Financial Strength is.

PT Mastersystem Infotama Tbk (ISX:MSTI) 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 Mastersystem Infotama Tbk Interest Coverage Related Terms

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

PT Mastersystem Infotama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Mastersystem Infotama Tbk (ISX:MSTI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sudirman Building 7-8 Tower I, 25th Floor Jl. Jend, Sudirman Kav 7-8, Jakarta Pusat, Jakarta, IDN, 10220

Website

https://www.mastersystem.co.id

PT Mastersystem Infotama Tbk is a system integration service provider in Indonesia. The Company offers a comprehensive range of Information and Communication Technology (ICT) solutions to customers by integrating various hardware, software, network, and communications components into a cohesive and functional system, thereby enabling seamless collaboration and interaction between existing technology systems. The Company provides comprehensive services for customers by planning, designing, implementing, and optimizing ICT infrastructure and offering solutions that support the achievement of increased efficiency, scalability, and productivity, so that customers can achieve sustainable business activity growth. The company generates the majority of its revenue from Hardware sales.

PT Mastersystem Infotama Tbk Headlines

No Headlines