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PT Bukit Asam Tbk (FRA:TBA) Interest Expense : €-7 Mil (TTM As of Mar. 2024)


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What is PT Bukit Asam Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Bukit Asam Tbk's interest expense for the three months ended in Mar. 2024 was € -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was €-7 Mil.

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. PT Bukit Asam Tbk's Operating Income for the three months ended in Mar. 2024 was € 44 Mil. PT Bukit Asam Tbk's Interest Expense for the three months ended in Mar. 2024 was € -2 Mil. PT Bukit Asam Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 28.93. The higher the ratio, the stronger the company's financial strength is. 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 Bukit Asam Tbk Interest Expense Historical Data

The historical data trend for PT Bukit Asam Tbk's Interest Expense 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.

* Premium members only.

PT Bukit Asam Tbk Interest Expense Chart

PT Bukit Asam Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.84 -5.00 -6.89 -8.43 -6.90

PT Bukit Asam Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 -1.97 -2.03 -1.79 -1.28 -1.51

PT Bukit Asam Tbk Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-7 Mil.

* 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.

PT Bukit Asam Tbk  (FRA:TBA) Interest Expense Explanation

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. The higher, the better.

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 Bukit Asam Tbk's Interest Expense for the three months ended in Mar. 2024 was €-2 Mil. Its Operating Income for the three months ended in Mar. 2024 was €44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was €41 Mil.

PT Bukit Asam Tbk's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*43.771/-1.513
=28.93

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. PT Bukit Asam Tbk has enough cash to cover all of its debt. Its financial situation is stable.

PT Bukit Asam Tbk (FRA:TBA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bukit Asam Tbk (FRA:TBA) » Definitions » Interest Expense
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Traded in Other Exchanges
TBNGY:USA PBATF:USA PTBA:Indonesia TBA:Germany
Address
Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716
Website
https://www.ptba.co.id
PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.