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PTrana Mitra Luas TBK (ISX:SMIL) Interest Expense : Rp-1,878 Mil (TTM As of Mar. 2024)


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What is PTrana Mitra Luas TBK Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PTrana Mitra Luas TBK's interest expense for the three months ended in Mar. 2024 was Rp -1,878 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-1,878 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. PTrana Mitra Luas TBK's Operating Income for the three months ended in Mar. 2024 was Rp 29,202 Mil. PTrana Mitra Luas TBK's Interest Expense for the three months ended in Mar. 2024 was Rp -1,878 Mil. PTrana Mitra Luas TBK's Interest Coverage for the quarter that ended in Mar. 2024 was 15.55. 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.


PTrana Mitra Luas TBK Interest Expense Historical Data

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Interest Expense Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-21,666.94 -18,775.78 -11,663.52 -10,024.48 -9,384.45

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 Oct22 Mar23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial - - -2,596.40 - -1,878.44

PTrana Mitra Luas 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-1,878 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.


PTrana Mitra Luas TBK  (ISX:SMIL) 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.

PTrana Mitra Luas TBK's Interest Expense for the three months ended in Mar. 2024 was Rp-1,878 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp29,202 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp38,679 Mil.

PTrana Mitra Luas 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*29202.428/-1878.437
=15.55

* 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.


PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

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