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PT Indo Acidatama Tbk (ISX:SRSN) Interest Expense : Rp-12,834 Mil (TTM As of Mar. 2024)


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What is PT Indo Acidatama Tbk Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PT Indo Acidatama Tbk's interest expense for the three months ended in Mar. 2024 was Rp -2,782 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was Rp-12,834 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 Indo Acidatama Tbk's Operating Income for the three months ended in Mar. 2024 was Rp 11,854 Mil. PT Indo Acidatama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp -2,782 Mil. PT Indo Acidatama Tbk's Interest Coverage for the quarter that ended in Mar. 2024 was 4.26. 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 Indo Acidatama Tbk Interest Expense Historical Data

The historical data trend for PT Indo Acidatama 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 Indo Acidatama Tbk Interest Expense Chart

PT Indo Acidatama 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 -13,705.41 -20,816.79 -24,269.81 -13,704.14 -13,470.01

PT Indo Acidatama 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 -3,418.11 -2,126.81 -3,887.21 -4,037.87 -2,782.34

PT Indo Acidatama 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-12,834 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 Indo Acidatama Tbk  (ISX:SRSN) 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 Indo Acidatama Tbk's Interest Expense for the three months ended in Mar. 2024 was Rp-2,782 Mil. Its Operating Income for the three months ended in Mar. 2024 was Rp11,854 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was Rp3,569 Mil.

PT Indo Acidatama 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*11853.757/-2782.341
=4.26

* 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 Indo Acidatama Tbk (ISX:SRSN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Raya Perjuangan 88, Graha Kencana, 9th Floor-Suite A, Jakarta Barat, Jakarta, IDN, 11530
PT Indo Acidatama Tbk is an Indonesian-based company engaged in manufacturing ethanol. The company produces acetic acid, ethyl acetate, bio-organic fertilizers, methylated spirit, and carbonic acid gas. It operates business activity in segments such as Ethanol, Acetic Acid, and Others. The fertilizers of the company are marketed under the brand names Pomi, Randex, Beka, and Alfinas. The company earns the majority of its revenue comes from the Ethanol segment.

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