PT Polaris Investama Tbk (ISX:PLAS) Interest Coverage: 0 (At Loss) (As of Jun. 2020)


ISX:PLAS PT Polaris Investama Tbk ISX:PLAS
4 GF Score
Price Rp50.00
View Full Analysis

What is PT Polaris Investama Tbk Interest Coverage?

PT Polaris Investama Tbk ISX:PLAS 4 Interest Coverage is 0 (At Loss) as of Jun. 2020. GuruFocus rates ISX:PLAS with a GF Score™ of 4/100.

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 Polaris Investama Tbk's Operating Income for the three months ended in Jun. 2020 was Rp-385 Mil. PT Polaris Investama Tbk's Interest Expense for the three months ended in Jun. 2020 was Rp-537 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


ISX:PLAS's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.12
* Ranked among companies with meaningful Interest Coverage only.

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 Polaris Investama Tbk  (ISX:PLAS) 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 Polaris Investama Tbk Interest Coverage Related Terms


PT Polaris Investama Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Polaris 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.

PT Polaris Investama Tbk Interest Coverage Chart

PT Polaris Investama Tbk Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial 0.00 0.21 1.14 1.09 1.18

PT Polaris Investama Tbk Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 1.01 2.73 1.34 0.28 0.00

PT Polaris Investama Tbk Interest Coverage Competitor Comparison

For the Capital Markets subindustry, PT Polaris 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 Polaris Investama Tbk Interest Coverage vs Capital Markets Industry

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

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


ISX:PLAS
4GF Score
PT Polaris Investama Tbk ISX:PLAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Polaris 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 Polaris Investama Tbk's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, PT Polaris Investama Tbk's Interest Expense was Rp-3,210 Mil. Its Operating Income was Rp3,775 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2019 )/Interest Expense (A: Dec. 2019 )
=-1*3774.859/-3210.122
=1.18

PT Polaris Investama Tbk's Interest Coverage for the quarter that ended in Jun. 2020 is calculated as

Here, for the three months ended in Jun. 2020, PT Polaris Investama Tbk's Interest Expense was Rp-537 Mil. Its Operating Income was Rp-385 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

PT Polaris Investama Tbk did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
PT Polaris Investama Tbk (ISX:PLAS) has a Interest Coverage of 0 (At Loss) as of Jun. 2020. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Polaris Investama Tbk and its competitors.
Is PT Polaris Investama Tbk's Interest Coverage too high?
PT Polaris Investama Tbk's current Interest Coverage is 0 (At Loss). Overall, PT Polaris Investama Tbk has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does PT Polaris Investama Tbk's Interest Coverage compare to competitors?
PT Polaris Investama Tbk's Interest Coverage of 0 (At Loss) can be compared against companies in the Capital Markets industry. The industry median Interest Coverage is 19.12. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.12, based on 427 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. 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 Polaris Investama Tbk and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Polaris Investama Tbk's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Polaris Investama Tbk stock overvalued right now?
PT Polaris Investama Tbk (ISX:PLAS) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). PT Polaris Investama Tbk's overall GF Score™ is 4/100. 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 Polaris Investama Tbk (ISX:PLAS), the current Interest Coverage is 0 (At Loss) as of Jun. 2020. 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 Polaris Investama Tbk Business Description

Address Mayapada Tower Lt. 11, Jl. Jend. Sudirman Kav. 28, Jakarta, IDN, 12920
PT Polaris Investama Tbk operates in capital markets industry in Indonesia. The company is an investment company operates as a dealer broker and underwriter.
4GF Score

Get the complete analysis for ISX:PLAS

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp50.00
Price