PT Mayora Indah Tbk (ISX:MYOR) Interest Coverage : 6.87 (As of Dec. 2024)

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What is PT Mayora 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 Mayora Indah Tbk's Operating Income for the three months ended in Dec. 2024 was Rp1,197,430 Mil. PT Mayora Indah Tbk's Interest Expense for the three months ended in Dec. 2024 was Rp-174,401 Mil. PT Mayora Indah Tbk's interest coverage for the quarter that ended in Dec. 2024 was 6.87. The higher the ratio, the stronger the company's financial strength is.

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

ISX:MYOR' s Interest Coverage Range Over the Past 10 Years
Min: 4.92 Med: 6.44 Max: 14.33
Current: 9.34

ISX:MYOR's Interest Coverage is ranked better than
51.12% of 1473 companies
in the Consumer Packaged Goods industry
Industry Median: 8.7 vs ISX:MYOR: 9.34

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 Mayora Indah Tbk Interest Coverage Historical Data

The historical data trend for PT Mayora 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.

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PT Mayora Indah Tbk Interest Coverage Chart

PT Mayora Indah Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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8.08

5.63

6.34

14.33

9.34

PT Mayora Indah Tbk Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															27.31	24.06	13.00	5.24	6.87

Competitive Comparison of PT Mayora Indah Tbk's Interest Coverage

For the Packaged Foods subindustry, PT Mayora 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 Mayora Indah Tbk's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Mayora Indah Tbk's Interest Coverage distribution charts can be found below:

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

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PT Mayora 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 Mayora Indah 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 Mayora Indah Tbk's Interest Expense was Rp-425,196 Mil. Its Operating Income was Rp3,971,110 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,232,245 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	3971110.245	/	-425195.53
	=	9.34

PT Mayora Indah Tbk's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, PT Mayora Indah Tbk's Interest Expense was Rp-174,401 Mil. Its Operating Income was Rp1,197,430 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp4,232,245 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1197429.913	/	-174400.914
	=	6.87

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

PT Mayora Indah Tbk (ISX:MYOR) 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 Mayora Indah Tbk Interest Coverage Related Terms

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

PT Mayora Indah Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Mayora Indah Tbk (ISX:MYOR) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

D7V:Germany

Address

Jl. Tomang Raya 21-23, Gedung Mayora lantai 8, Jakarta Barat, Jakarta, IDN, 11440

Website

https://www.mayoraindah.co.id

PT Mayora Indah Tbk makes biscuits, candy, wafers, chocolate, coffee, instant food, cereal, and beverages. Its major brands include Kopiko, Roma, Energen, Torabika, and Beng Beng. The Group has three reportable segments including packaged food processing, packaged beverages processing, and financial services. The Firm generates the majority of its revenue from packaged food processing. The company's business operations are divided into four geographical areas. Food processing, coffee powder processing, instant coffee production, and coffee bean processing are all located in Jabodetabek. Rental services are offered in Surabaya and Medan. Financial services are provided in the Netherlands, while coffee powder processing and instant coffee production are carried out in the Philippines.

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