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PT Trias Sentosa Tbk (ISX:TRST) Interest Coverage : 0.59 (As of Jun. 2024)


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What is PT Trias Sentosa 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 Trias Sentosa Tbk's Operating Income for the three months ended in Jun. 2024 was Rp17,176 Mil. PT Trias Sentosa Tbk's Interest Expense for the three months ended in Jun. 2024 was Rp-29,254 Mil. PT Trias Sentosa Tbk's interest coverage for the quarter that ended in Jun. 2024 was 0.59. The higher the ratio, the stronger the company's financial strength is.

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


ISX:TRST's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.31
* 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 Trias Sentosa Tbk Interest Coverage Historical Data

The historical data trend for PT Trias Sentosa 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.

* Premium members only.

PT Trias Sentosa Tbk Interest Coverage Chart

PT Trias Sentosa Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 3.70 5.30 3.40 -

PT Trias Sentosa Tbk Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 0.67 0.59

Competitive Comparison of PT Trias Sentosa Tbk's Interest Coverage

For the Packaging & Containers subindustry, PT Trias Sentosa 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 Trias Sentosa Tbk's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, PT Trias Sentosa Tbk's Interest Coverage distribution charts can be found below:

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



PT Trias Sentosa 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 Trias Sentosa Tbk's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, PT Trias Sentosa Tbk's Interest Expense was Rp-138,522 Mil. Its Operating Income was Rp-56,540 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp742,075 Mil.

PT Trias Sentosa Tbk did not have earnings to cover the interest expense.

PT Trias Sentosa Tbk's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, PT Trias Sentosa Tbk's Interest Expense was Rp-29,254 Mil. Its Operating Income was Rp17,176 Mil. And its Long-Term Debt & Capital Lease Obligation was Rp689,900 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*17176/-29254
=0.59

* 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 Trias Sentosa Tbk  (ISX:TRST) 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 Trias Sentosa Tbk Interest Coverage Related Terms

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


PT Trias Sentosa Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raya Waru 1 B, Waru, Sidoarjo, IDN, 61256
PT Trias Sentosa Tbk is a flexible packaging film manufacturer company. The company's product consists of biaxially-oriented polypropylene film (BOPP film) and biaxially-oriented polyester film (BOPET film). The BOPP and BOPET film product portfolio of the company includes Printing & Lamination, Overwrap, Heat Sealable, Anti-fog, Matte, Pearlized, White Opaque, Label, Metallized, Thermal Film, and Coated (PVDC, Acrylic, PPOH). The company's geographical segments include Indonesia, Asia, Japan, America, Australia, Europe, and Africa.