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PT Panin Sekuritas Tbk (ISX:PANS) Interest Coverage : 45.89 (As of Dec. 2024)


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What is PT Panin Sekuritas 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 Panin Sekuritas Tbk's Operating Income for the three months ended in Dec. 2024 was Rp25,638 Mil. PT Panin Sekuritas Tbk's Interest Expense for the three months ended in Dec. 2024 was Rp-559 Mil. PT Panin Sekuritas Tbk's interest coverage for the quarter that ended in Dec. 2024 was 45.89. The higher the ratio, the stronger the company's financial strength is.

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

ISX:PANS' s Interest Coverage Range Over the Past 10 Years
Min: 2.45   Med: 4.41   Max: 40.33
Current: 18.64


ISX:PANS's Interest Coverage is ranked worse than
50.9% of 442 companies
in the Capital Markets industry
Industry Median: 20.595 vs ISX:PANS: 18.64

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 Panin Sekuritas Tbk Interest Coverage Historical Data

The historical data trend for PT Panin Sekuritas 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 Panin Sekuritas Tbk Interest Coverage Chart

PT Panin Sekuritas Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 23.62 40.33 19.19 18.64

PT Panin Sekuritas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.93 12.08 14.26 27.82 45.89

Competitive Comparison of PT Panin Sekuritas Tbk's Interest Coverage

For the Capital Markets subindustry, PT Panin Sekuritas 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 Panin Sekuritas Tbk's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PT Panin Sekuritas Tbk's Interest Coverage distribution charts can be found below:

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


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PT Panin Sekuritas 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 Panin Sekuritas 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 Panin Sekuritas Tbk's Interest Expense was Rp-6,071 Mil. Its Operating Income was Rp113,185 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp10,521 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*113184.916/-6071.288
=18.64

PT Panin Sekuritas 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 Panin Sekuritas Tbk's Interest Expense was Rp-559 Mil. Its Operating Income was Rp25,638 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp10,521 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*25638.382/-558.705
=45.89

* 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 Panin Sekuritas Tbk  (ISX:PANS) 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 Panin Sekuritas Tbk Interest Coverage Related Terms

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


PT Panin Sekuritas Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 52-53, Suite 1705, 17th Floor, Gedung Bursa Efek Indonesia (BEI) - Tower II, Jakarta, IDN, 12190
PT Panin Sekuritas Tbk is engaged in the capital markets business sector. The company is engaged in providing services like broker dealing, corporate finance, asset management, research, online trading, Sharia online trading, education, and others. The operating segments of the company include Brokerage and underwriting and Investment manager. The company generates maximum revenue from the Brokerage and underwriting segment. The product line of the company consists of Panin News, trading ideas, recommendations, company reports, industrial reports, and others.

PT Panin Sekuritas Tbk Headlines

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