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PTlim Ivomas Pratama Tbk (ISX:SIMP) Interest Expense : Rp-587,931 Mil (TTM As of Mar. 2024)


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What is PTlim Ivomas Pratama Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PTlim Ivomas Pratama Tbk's interest expense for the three months ended in Mar. 2024 was Rp -137,629 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-587,931 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. PTlim Ivomas Pratama Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 510,047 Mil. PTlim Ivomas Pratama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -137,629 Mil. PTlim Ivomas Pratama Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 3.71. 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.

PTlim Ivomas Pratama Tbk Interest Expense Historical Data

The historical data trend for PTlim Ivomas Pratama 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.

PTlim Ivomas Pratama Tbk Interest Expense Chart

PTlim Ivomas Pratama 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 -890,899.00 -798,316.00 -680,902.00 -610,828.00 -611,540.00

PTlim Ivomas Pratama 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 -161,238.00 -154,527.00 -150,854.00 -144,921.00 -137,629.00

PTlim Ivomas Pratama 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 Rp-587,931 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.

PTlim Ivomas Pratama Tbk  (ISX:SIMP) 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.

PTlim Ivomas Pratama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-137,629 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp510,047 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp667,013 Mil.

PTlim Ivomas Pratama 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*510047/-137629
=3.71

* 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.

PTlim Ivomas Pratama Tbk (ISX:SIMP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Salim Ivomas Pratama Tbk (ISX:SIMP) » Definitions » Interest Expense
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ISX:CBUT ISX:TBLA ISX:ROTI ISX:DMND ISX:SKLT ISX:MGRO ISX:CAMP ISX:KEJU ISX:TRGU ISX:HOKI XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 76-78, Sudirman Plaza, Indofood Tower, 11th Floor, Jakarta, IDN, 12910
Website
https://www.simp.co.id
PT Salim Ivomas Pratama Tbk is an agribusiness in Southeast Asia that focuses on cultivating and processing palm oil. It invests in oil palm seed breeding and the development of oil palm seedlings to raise various plantations. The company owns several mills to produce crude palm oil and other derivative products such as palm kernel. Products are transported to subsidiaries to manufacture and package edible oils and fats. Additionally, its plantations produce sugar, rubber, and other plant products for sale and distribution. Packaged goods are sold through national, regional, and local distributors, as well as through a direct sales method under the company's own brands. It operates in two segments: Plantations and Edible Oil and Fats.

PTlim Ivomas Pratama Tbk (ISX:SIMP) Headlines

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