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PT Soechi Lines Tbk (ISX:SOCI) Interest Expense : Rp-210,938 Mil (TTM As of Mar. 2024)


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What is PT Soechi Lines Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Soechi Lines Tbk's interest expense for the three months ended in Mar. 2024 was Rp -48,005 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-210,938 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 Soechi Lines Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 109,993 Mil. PT Soechi Lines Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -48,005 Mil. PT Soechi Lines Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 2.29. 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 Soechi Lines Tbk Interest Expense Historical Data

The historical data trend for PT Soechi Lines 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 Soechi Lines Tbk Interest Expense Chart

PT Soechi Lines 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 -294,256.66 -326,234.75 -222,624.93 -246,898.24 -227,416.73

PT Soechi Lines 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 -61,934.99 -56,948.55 -54,263.36 -51,720.66 -48,005.40

PT Soechi Lines 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-210,938 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 Soechi Lines Tbk  (ISX:SOCI) 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 Soechi Lines Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-48,005 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp109,993 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp2,294,701 Mil.

PT Soechi Lines 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*109993.109/-48005.402
=2.29

* 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.

PT Soechi Lines Tbk (ISX:SOCI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Soechi Lines Tbk (ISX:SOCI) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220
Website
https://www.soechi.com
PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides ship building services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk (ISX:SOCI) Headlines

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