Astra Industrial Group (SAU:1212) Interest Coverage : 12.88 (As of Mar. 2025)

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What is Astra Industrial Group 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. Astra Industrial Group's Operating Income for the three months ended in Mar. 2025 was ﷼189 Mil. Astra Industrial Group's Interest Expense for the three months ended in Mar. 2025 was ﷼-15 Mil. Astra Industrial Group's interest coverage for the quarter that ended in Mar. 2025 was 12.88. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Astra Industrial Group's Interest Coverage or its related term are showing as below:

SAU:1212' s Interest Coverage Range Over the Past 10 Years
Min: 0.1 Med: 3.46 Max: 170.03
Current: 5.72

SAU:1212's Interest Coverage is ranked better than
51.29% of 425 companies
in the Conglomerates industry
Industry Median: 5.19 vs SAU:1212: 5.72

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

Astra Industrial Group Interest Coverage Historical Data

The historical data trend for Astra Industrial Group'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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Astra Industrial Group Interest Coverage Chart

Astra Industrial Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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4.44

170.03

7.47

7.55

6.14

Astra Industrial Group 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															6.70	42.45	29.45	1.71	12.88

Competitive Comparison of Astra Industrial Group's Interest Coverage

For the Conglomerates subindustry, Astra Industrial Group'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.

Astra Industrial Group's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Astra Industrial Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Astra Industrial Group's Interest Coverage falls into.

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Astra Industrial Group 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.

Astra Industrial Group'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, Astra Industrial Group's Interest Expense was ﷼-107 Mil. Its Operating Income was ﷼658 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼75 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	658.476	/	-107.266
	=	6.14

Astra Industrial Group's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Astra Industrial Group's Interest Expense was ﷼-15 Mil. Its Operating Income was ﷼189 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼72 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	189.301	/	-14.696
	=	12.88

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

Astra Industrial Group (SAU:1212) 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 .

Astra Industrial Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of Astra Industrial Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Astra Industrial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Astra Industrial Group (SAU:1212) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

8128 Salah ad din ayyubi Road, PO Box 1560, Riyadh, SAU, 11441

Website

https://www.aig.sa

Astra Industrial Group is an industrial conglomerate in the Kingdom of Saudi Arabia. Its companies are concentrated in the key industrial segments of pharmaceuticals, specialty chemicals, power and steel, and mining. The pharmaceuticals segment develops, manufactures, markets, and distributes branded generic pharmaceuticals and under-licensed products globally. The Specialty chemical segment, produces Masterbatch, dust-free additives, and custom-made thermoplastic compounds plus liquid and paste colorants. Steel segment, which produces steel billets, pre-engineered steel buildings and steel structures and rebar. Other segment is the residual segment and comprises of Astra Industrial Group Holding Company, Astra Arabia Real Estate Company and Desert Pearl Invest Limited.

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