PT Rig Tenders Indonesia Tbk (ISX:RIGS) Interest Coverage: 3,296.51 (As of Mar. 2026) — Near Median


ISX:RIGS PT Rig Tenders Indonesia Tbk ISX:RIGS
57 GF Score
Price Rp690.00
GF Value Rp619.92
Valuation Modestly Overvalued
! 2 Warning Signs
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What is PT Rig Tenders Indonesia Tbk Interest Coverage?

PT Rig Tenders Indonesia Tbk ISX:RIGS 57 Interest Coverage is 3,296.51 as of Mar. 2026, which is 6% below its 10-year median of 3,521.02. GuruFocus rates ISX:RIGS with a GF Score™ of 57/100 and a GF Value™ of Rp619.92 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 838 Transportation companies, PT Rig Tenders Indonesia Tbk ranks better than 98.33% on this metric.

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 Rig Tenders Indonesia Tbk's Operating Income for the three months ended in Mar. 2026 was Rp16,453 Mil. PT Rig Tenders Indonesia Tbk's Interest Expense for the three months ended in Mar. 2026 was Rp-5 Mil. PT Rig Tenders Indonesia Tbk's interest coverage for the quarter that ended in Mar. 2026 was 3,296.51. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Rig Tenders Indonesia Tbk has enough cash to cover all of its debt. Its financial situation is stable.

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

ISX:RIGS' s Interest Coverage Range Over the Past 10 Years
Min: 0.25   Med: 3521.02   Max: No Debt
Current: 3627.56


ISX:RIGS's Interest Coverage is ranked better than
98.33% of 838 companies
in the Transportation industry
Industry Median: 5.67 vs ISX:RIGS: 3627.56

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 Rig Tenders Indonesia Tbk  (ISX:RIGS) 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 Rig Tenders Indonesia Tbk Interest Coverage Related Terms


PT Rig Tenders Indonesia Tbk Interest Coverage Historical Data

* Premium members only.

The historical data trend for PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Interest Coverage Chart

PT Rig Tenders Indonesia Tbk Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 272.91 123.01 No Debt 6,769.12

PT Rig Tenders Indonesia Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3,268.47 5,911.89 2,482.76 2,819.06 3,296.51

PT Rig Tenders Indonesia Tbk Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, PT Rig Tenders Indonesia Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Rig Tenders Indonesia Tbk's Interest Coverage falls into.


ISX:RIGS
57GF Score
PT Rig Tenders Indonesia Tbk ISX:RIGS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Rig Tenders Indonesia 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 Rig Tenders Indonesia Tbk's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, PT Rig Tenders Indonesia Tbk's Interest Expense was Rp-13 Mil. Its Operating Income was Rp86,042 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp303 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*86042.297/-12.711
=6,769.12

PT Rig Tenders Indonesia Tbk's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, PT Rig Tenders Indonesia Tbk's Interest Expense was Rp-5 Mil. Its Operating Income was Rp16,453 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp89 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*16452.864/-4.991
=3,296.51

* 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 3,296.51 mean?
PT Rig Tenders Indonesia Tbk (ISX:RIGS) has a Interest Coverage of 3,296.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PT Rig Tenders Indonesia Tbk and its competitors. This is near median its historical median of 3,521.02. Over the past decade, PT Rig Tenders Indonesia Tbk's Interest Coverage has ranged from 0.25 to 10,000.00. According to the industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #14 out of 838 companies in the Transportation industry, placing it in the top 1.7%.
Is PT Rig Tenders Indonesia Tbk's Interest Coverage too high?
PT Rig Tenders Indonesia Tbk's current Interest Coverage of 3,296.51 is near median its 10-year median of 3,521.02. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 10,000.00. The Transportation industry median Interest Coverage is 5.67. PT Rig Tenders Indonesia Tbk's value of 3,296.51 is 58039.5% above this industry median. Based on the distribution chart, PT Rig Tenders Indonesia Tbk ranks #14 out of 838 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, PT Rig Tenders Indonesia Tbk has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Rig Tenders Indonesia Tbk's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, PT Rig Tenders Indonesia Tbk ranks #14 out of 838 companies for Interest Coverage. This places PT Rig Tenders Indonesia Tbk in the top 2% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.67. PT Rig Tenders Indonesia Tbk's value of 3,296.51 is 58039.5% above this benchmark. Historically, PT Rig Tenders Indonesia Tbk's own Interest Coverage has ranged from 0.25 to 10,000.00 over the past decade. While the company's 10-year median is 3,521.02 vs. the industry median of 5.67, PT Rig Tenders Indonesia Tbk has consistently been above the industry average. 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 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. PT Rig Tenders Indonesia Tbk's current Interest Coverage of 3,296.51 is 58039.5% above the industry median. 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 Rig Tenders Indonesia Tbk and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Rig Tenders Indonesia Tbk's current Interest Coverage is 3,296.51, which is near median its own 10-year median of 3,521.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Rig Tenders Indonesia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk (ISX:RIGS) is currently considered Modestly Overvalued. The stock's GF Value™ is Rp619.92, compared to a current price of Rp690.00 — trading 11.3% above its estimated fair value. The current Interest Coverage is 3,296.51, which is near median its 10-year median of 3,521.02 and 58039.5% above the Transportation industry median of 5.67. PT Rig Tenders Indonesia Tbk's overall GF Score™ is 57/100 with 2 warning signs to review. 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 Rig Tenders Indonesia Tbk (ISX:RIGS), the current Interest Coverage is 3,296.51 as of Mar. 2026. 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.

Is PT Rig Tenders Indonesia Tbk (ISX:RIGS) Overvalued in 2026?

Based on GuruFocus' analysis, PT Rig Tenders Indonesia Tbk stock appears to be overvalued. The current stock price of Rp690.00 is trading 11.3% above its estimated GF Value™ of Rp619.92. GuruFocus considers PT Rig Tenders Indonesia Tbk to be Modestly Overvalued.

Key valuation signals for ISX:RIGS:

  • Interest Coverage: 3,296.51 (near median its 10-year median of 3,521.02)
  • GF Value™: Rp619.92 vs. price of Rp690.00 (11.3% above fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 58039.5% above the Transportation median (#14 of 838)

No single metric tells the full story. See the ISX:RIGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Rig Tenders Indonesia Tbk Business Description

Address Jl. HR Rasuna Said, Generali Tower, Gran Runina Business park, 18th floor, Unit D Kawasan Rasuna Epicentrum, Selatan, Jakarta, IDN, 12940
PT Rig Tenders Indonesia Tbk is a domestic and foreign shipping (especially offshore) and placement installation services and drilling rig offshore company. The company provides services as Offshore Support, Coal Transport, Other Services and Vessel. The Company classifies its business activities into two main segments, namely coal and marine support services. The coal segment provides tugboat and barge rental services for mining companies to transport coal and other aggregate materials. Meanwhile, the marine services segment offers supply vessel and accommodation on barge rentals to support upstream sector operations.
57GF Score

Get the complete analysis for ISX:RIGS

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

Rp690.00
Price
Rp619.92
GF Value