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PT Abadi Nusantara Hijau Investama Tbk (ISX:PACK) Interest Coverage : 1.77 (As of Dec. 2024)


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What is PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk's Operating Income for the six months ended in Dec. 2024 was Rp2,629 Mil. PT Abadi Nusantara Hijau Investama Tbk's Interest Expense for the six months ended in Dec. 2024 was Rp-1,485 Mil. PT Abadi Nusantara Hijau Investama Tbk's interest coverage for the quarter that ended in Dec. 2024 was 1.77. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Abadi Nusantara Hijau Investama Tbk's Interest Coverage or its related term are showing as below:

ISX:PACK' s Interest Coverage Range Over the Past 10 Years
Min: 1.77   Med: 2.31   Max: 2.89
Current: 1.77


ISX:PACK's Interest Coverage is ranked worse than
79.81% of 322 companies
in the Packaging & Containers industry
Industry Median: 6.495 vs ISX:PACK: 1.77

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 Abadi Nusantara Hijau Investama Tbk Interest Coverage Historical Data

The historical data trend for PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk Interest Coverage Chart

PT Abadi Nusantara Hijau Investama Tbk Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Interest Coverage
- 2.89 2.31 1.77

PT Abadi Nusantara Hijau Investama Tbk Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Interest Coverage - 2.89 2.31 1.77

Competitive Comparison of PT Abadi Nusantara Hijau Investama Tbk's Interest Coverage

For the Packaging & Containers subindustry, PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Abadi Nusantara Hijau Investama Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Abadi Nusantara Hijau Investama Tbk's Interest Coverage falls into.


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PT Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama 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 Abadi Nusantara Hijau Investama Tbk's Interest Expense was Rp-1,485 Mil. Its Operating Income was Rp2,629 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2629.162/-1484.711
=1.77

PT Abadi Nusantara Hijau Investama Tbk's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, PT Abadi Nusantara Hijau Investama Tbk's Interest Expense was Rp-1,485 Mil. Its Operating Income was Rp2,629 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2629.162/-1484.711
=1.77

* 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 Abadi Nusantara Hijau Investama Tbk  (ISX:PACK) 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 Abadi Nusantara Hijau Investama Tbk Interest Coverage Related Terms

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


PT Abadi Nusantara Hijau Investama Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jababeka 2 Block C/11-D, Jababeka Industrial Estate, Cikarang Utara, West Java, Bekasi Regency, IDN, 17530
PT Abadi Nusantara Hijau Investama Tbk is engaged in the field of Retail trade of plastic packaging and Manufacturing of plastic goods for packaging. The company helps business owners of all sizes, from SMEs to large businesses, to maximize the selling power of their products quickly through effective packaging that provides protection, hygiene, low minimum orders, and affordable prices which are supported by novel designs. The company operates only in one business segment, namely plastic packaging trading.