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PT Royal Prima Tbk (ISX:PRIM) Interest Coverage : 0.46 (As of Dec. 2024)


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What is PT Royal Prima 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 Royal Prima Tbk's Operating Income for the three months ended in Dec. 2024 was Rp335 Mil. PT Royal Prima Tbk's Interest Expense for the three months ended in Dec. 2024 was Rp-726 Mil. PT Royal Prima Tbk's interest coverage for the quarter that ended in Dec. 2024 was 0.46. The higher the ratio, the stronger the company's financial strength is.

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


ISX:PRIM's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.445
* 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 Royal Prima Tbk Interest Coverage Historical Data

The historical data trend for PT Royal Prima 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 Royal Prima Tbk Interest Coverage Chart

PT Royal Prima 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 135.15 29,461.46 4,775.30 - -

PT Royal Prima 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 5.94 - - - 0.46

Competitive Comparison of PT Royal Prima Tbk's Interest Coverage

For the Medical Care Facilities subindustry, PT Royal Prima 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 Royal Prima Tbk's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PT Royal Prima Tbk's Interest Coverage distribution charts can be found below:

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


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PT Royal Prima 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 Royal Prima 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 Royal Prima Tbk's Interest Expense was Rp-47 Mil. Its Operating Income was Rp-21,321 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

PT Royal Prima Tbk did not have earnings to cover the interest expense.

PT Royal Prima 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 Royal Prima Tbk's Interest Expense was Rp-726 Mil. Its Operating Income was Rp335 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*334.525/-726.179
=0.46

* 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 Royal Prima Tbk  (ISX:PRIM) 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 Royal Prima Tbk Interest Coverage Related Terms

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PT Royal Prima Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Ayahanda No. 68A, Sumatera Utara, Medan, IDN, 20118
PT Royal Prima Tbk is engaged in health services which consist of the provision of hospital services, polyclinics, hall treatment, maternity hospital, and specialist hospital. It has three geographic segments: RSU Royal Prima, RS Royal Prima Jambi, and Rumah Sakit Marelan.