PSGTY (PT Semen Indonesia (Persero) Tbk) Interest Coverage : 2.23 (As of Sep. 2024)

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What is PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Operating Income for the three months ended in Sep. 2024 was $41 Mil. PT Semen Indonesia (Persero) Tbk's Interest Expense for the three months ended in Sep. 2024 was $-18 Mil. PT Semen Indonesia (Persero) Tbk's interest coverage for the quarter that ended in Sep. 2024 was 2.23. The higher the ratio, the stronger the company's financial strength is.

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

PSGTY' s Interest Coverage Range Over the Past 10 Years
Min: 2 Med: 3.62 Max: 19.71
Current: 2.31

PSGTY's Interest Coverage is ranked worse than
78.88% of 303 companies
in the Building Materials industry
Industry Median: 6.17 vs PSGTY: 2.31

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 Semen Indonesia (Persero) Tbk Interest Coverage Historical Data

The historical data trend for PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk Interest Coverage Chart

PT Semen Indonesia (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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2.00

2.51

2.96

3.33

3.40

PT Semen Indonesia (Persero) Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															4.85	3.12	2.72	1.02	2.23

Competitive Comparison of PT Semen Indonesia (Persero) Tbk's Interest Coverage

For the Building Materials subindustry, PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Semen Indonesia (Persero) Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Semen Indonesia (Persero) Tbk's Interest Coverage falls into.

PT Semen Indonesia (Persero) 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 Semen Indonesia (Persero) 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 Semen Indonesia (Persero) Tbk's Interest Expense was $-85 Mil. Its Operating Income was $289 Mil. And its Long-Term Debt & Capital Lease Obligation was $689 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	288.801	/	-84.942
	=	3.40

PT Semen Indonesia (Persero) Tbk's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, PT Semen Indonesia (Persero) Tbk's Interest Expense was $-18 Mil. Its Operating Income was $41 Mil. And its Long-Term Debt & Capital Lease Obligation was $633 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	40.841	/	-18.332
	=	2.23

The higher the ratio, the stronger the company's Financial Strength is.

PT Semen Indonesia (Persero) Tbk (OTCPK:PSGTY) 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 Semen Indonesia (Persero) Tbk Interest Coverage Related Terms

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PT Semen Indonesia (Persero) Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Semen Indonesia (Persero) Tbk (OTCPK:PSGTY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

PSGTF:USA SMGR:Indonesia SMS2:Germany

Address

Jalan R.A. Kartini Kav. 8, South Quarter, Tower A, Lantai 19th - 20th Floor, Cilandak Barat, South Jakarta, Jakarta, IDN, 12430

Website

https://www.sig.id

PT Semen Indonesia (Persero) Tbk is engaged in the manufacturing industry, especially cement & its derivatives, other building materials, as well as related business activities both upstream and downstream. The company operates in two segments; the Cement Production Segment produces and markets cement products in Indonesia, and Vietnam, as well as various export destination countries, including Bangladesh, Australia, the Philippines, Taiwan, China, and several other countries, and The non-cement production segment, consists of mining limestone and clay, manufacturing packaging bags, developing industrial estates, finished and ready-to-use concrete, information system services, logistics, and trading. It generates a majority of its revenue from the cement production segment.