PPAAF (Perusahaan Gas Negara (Persero) Tbk PT) Interest Coverage: 8.82 (As of Mar. 2026) — 111% Above Median


PPAAF Perusahaan Gas Negara (Persero) Tbk PT PPAAF
95 GF Score
Price $0.08
GF Value $0.12
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Perusahaan Gas Negara (Persero) Tbk PT Interest Coverage?

Perusahaan Gas Negara (Persero) Tbk PT PPAAF -11.14% 95 Interest Coverage is 8.82 as of Mar. 2026, which is 111% above its 10-year median of 4.18. GuruFocus rates PPAAF with a GF Score™ of 95/100 and a GF Value™ of $0.12 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Perusahaan Gas Negara (Persero) Tbk PT ranks better than 77.06% 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. Perusahaan Gas Negara (Persero) Tbk PT's Operating Income for the three months ended in Mar. 2026 was $121 Mil. Perusahaan Gas Negara (Persero) Tbk PT's Interest Expense for the three months ended in Mar. 2026 was $-14 Mil. Perusahaan Gas Negara (Persero) Tbk PT's interest coverage for the quarter that ended in Mar. 2026 was 8.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage or its related term are showing as below:

PPAAF' s Interest Coverage Range Over the Past 10 Years
Min: 0.52   Med: 4.18   Max: 10.55
Current: 10.55


PPAAF's Interest Coverage is ranked better than
77.06% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs PPAAF: 10.55

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Perusahaan Gas Negara (Persero) Tbk PT  (OTCPK:PPAAF) 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 .


Perusahaan Gas Negara (Persero) Tbk PT Interest Coverage Related Terms


Perusahaan Gas Negara (Persero) Tbk PT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Perusahaan Gas Negara (Persero) Tbk PT'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.

Perusahaan Gas Negara (Persero) Tbk PT Interest Coverage Chart

Perusahaan Gas Negara (Persero) Tbk PT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 4.37 5.38 8.02 9.36

Perusahaan Gas Negara (Persero) Tbk PT 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 5.66 11.61 7.39 22.00 8.82

PPAAF vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Perusahaan Gas Negara (Persero) Tbk PT'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.


Perusahaan Gas Negara (Persero) Tbk PT Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage falls into.


PPAAF
95GF Score
Perusahaan Gas Negara (Persero) Tbk PT PPAAF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perusahaan Gas Negara (Persero) Tbk PT 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.

Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Perusahaan Gas Negara (Persero) Tbk PT's Interest Expense was $-56 Mil. Its Operating Income was $521 Mil. And its Long-Term Debt & Capital Lease Obligation was $873 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*521.18/-55.69
=9.36

Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Perusahaan Gas Negara (Persero) Tbk PT's Interest Expense was $-14 Mil. Its Operating Income was $121 Mil. And its Long-Term Debt & Capital Lease Obligation was $868 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*120.764/-13.698
=8.82

* 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 8.82 mean?
Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) has a Interest Coverage of 8.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perusahaan Gas Negara (Persero) Tbk PT and its competitors. This is 111% above median its historical median of 4.18. Over the past decade, Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage has ranged from 0.52 to 10.55. According to the industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #103 out of 449 companies in the Utilities - Regulated industry, placing it in the top 22.9%.
Is Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage too high?
Perusahaan Gas Negara (Persero) Tbk PT's current Interest Coverage of 8.82 is 111% above median its 10-year median of 4.18. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 10.55. The Utilities - Regulated industry median Interest Coverage is 3.78. Perusahaan Gas Negara (Persero) Tbk PT's value of 8.82 is 133.3% above this industry median. Based on the distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #103 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Score™ of 95/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #103 out of 449 companies for Interest Coverage. This places Perusahaan Gas Negara (Persero) Tbk PT in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Perusahaan Gas Negara (Persero) Tbk PT's value of 8.82 is 133.3% above this benchmark. Historically, Perusahaan Gas Negara (Persero) Tbk PT's own Interest Coverage has ranged from 0.52 to 10.55 over the past decade. While the company's 10-year median is 4.18 vs. the industry median of 3.78, Perusahaan Gas Negara (Persero) Tbk PT 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Perusahaan Gas Negara (Persero) Tbk PT's current Interest Coverage of 8.82 is 133.3% 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 Perusahaan Gas Negara (Persero) Tbk PT and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perusahaan Gas Negara (Persero) Tbk PT's current Interest Coverage is 8.82, which is 111% above median its own 10-year median of 4.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.12, compared to a current price of $0.08 — trading 36.2% below its estimated fair value. The current Interest Coverage is 8.82, which is 111% above median its 10-year median of 4.18 and 133.3% above the Utilities - Regulated industry median of 3.78. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 95/100 with 3 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 Perusahaan Gas Negara (Persero) Tbk PT (PPAAF), the current Interest Coverage is 8.82 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 Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) Overvalued in 2026?

Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued. The current stock price of $0.08 is trading 36.2% below its estimated GF Value™ of $0.12. GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Possible Value Trap.

Key valuation signals for PPAAF:

  • Interest Coverage: 8.82 (111% above median its 10-year median of 4.18)
  • GF Value™: $0.12 vs. price of $0.08 (36.2% below fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 133.3% above the Utilities - Regulated median (#103 of 449)

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


Perusahaan Gas Negara (Persero) Tbk PT Business Description

Address Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
95GF Score

Get the complete analysis for PPAAF

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

$0.08
Price
$0.12
GF Value