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PT Siantar Top Tbk (ISX:STTP) Interest Coverage : 604.94 (As of Mar. 2025)


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What is PT Siantar Top 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 Siantar Top Tbk's Operating Income for the three months ended in Mar. 2025 was Rp293,877 Mil. PT Siantar Top Tbk's Interest Expense for the three months ended in Mar. 2025 was Rp-486 Mil. PT Siantar Top Tbk's interest coverage for the quarter that ended in Mar. 2025 was 604.94. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

PT Siantar Top Tbk has no debt.

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

ISX:STTP' s Interest Coverage Range Over the Past 10 Years
Min: 3.35   Med: 28.93   Max: 3647073.96
Current: 705.3


ISX:STTP's Interest Coverage is ranked better than
93.48% of 1473 companies
in the Consumer Packaged Goods industry
Industry Median: 8.36 vs ISX:STTP: 705.30

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 Siantar Top Tbk Interest Coverage Historical Data

The historical data trend for PT Siantar Top 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 Siantar Top Tbk Interest Coverage Chart

PT Siantar Top 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 36.30 129.77 23,006.07 119,913.80 3,647,073.96

PT Siantar Top Tbk Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 809.18 683.44 1,022.53 606.52 604.94

Competitive Comparison of PT Siantar Top Tbk's Interest Coverage

For the Packaged Foods subindustry, PT Siantar Top 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 Siantar Top Tbk's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Siantar Top Tbk's Interest Coverage distribution charts can be found below:

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


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PT Siantar Top 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 Siantar Top 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 Siantar Top Tbk's Interest Expense was Rp-0 Mil. Its Operating Income was Rp1,094,122 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*1094122.187/-0.3
=3,647,073.96

PT Siantar Top Tbk's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, PT Siantar Top Tbk's Interest Expense was Rp-486 Mil. Its Operating Income was Rp293,877 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*293876.808/-485.798
=604.94

* 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 Siantar Top Tbk  (ISX:STTP) 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 Siantar Top Tbk Interest Coverage Related Terms

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


PT Siantar Top Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Tambak Sawah No. 21-23, Waru, Sidoarjo, IDN, 61256
PT Siantar Top Tbk is a snack manufacturing company. The company is principally engaged in the manufacturing of snacks such as crackers, noodles, candies, biscuits, and wafers. The company has two operating segments include the food processing segment, from the sales of rice, crackers, biscuits, wafers, and candy, and other segments that arise from the sales of flour and seasoning. The majority of the revenue is made from the food processing segment.

PT Siantar Top Tbk Headlines

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