PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Interest Coverage : 2.03 (As of Dec. 2023)

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What is PT Tower Bersama Infrastructure Tbk Interest Coverage?

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 by its Interest Expense. PT Tower Bersama Infrastructure Tbk's Operating Income for the three months ended in Dec. 2023 was $66.7 Mil. PT Tower Bersama Infrastructure Tbk's Interest Expense for the three months ended in Dec. 2023 was $-32.8 Mil. PT Tower Bersama Infrastructure Tbk's interest coverage for the quarter that ended in Dec. 2023 was 2.03. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for PT Tower Bersama Infrastructure Tbk's Interest Coverage or its related term are showing as below:

PTFRY' s Interest Coverage Range Over the Past 10 Years
Min: 1.52 Med: 1.81 Max: 2.54
Current: 2.38

PTFRY's Interest Coverage is ranked worse than
70.69% of 290 companies
in the Telecommunication Services industry
Industry Median: 4.56 vs PTFRY: 2.38

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 Tower Bersama Infrastructure Tbk Interest Coverage Historical Data

The historical data trend for PT Tower Bersama Infrastructure Tbk's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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PT Tower Bersama Infrastructure Tbk Interest Coverage Chart

PT Tower Bersama Infrastructure Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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1.70

1.81

2.07

2.42

2.38

PT Tower Bersama Infrastructure Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															2.37	2.35	1.98	3.86	2.03

Competitive Comparison of PT Tower Bersama Infrastructure Tbk's Interest Coverage

For the Telecom Services subindustry, PT Tower Bersama Infrastructure Tbk's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Tower Bersama Infrastructure Tbk's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Tower Bersama Infrastructure Tbk's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PT Tower Bersama Infrastructure Tbk's Interest Coverage falls into.

PT Tower Bersama Infrastructure Tbk Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage

-1

Operating Income

Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt ⁽¹⁾.

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 Tower Bersama Infrastructure Tbk's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, PT Tower Bersama Infrastructure Tbk's Interest Expense was $-114.7 Mil. Its Operating Income was $272.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,241.6 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	272.935	/	-114.708
	=	2.38

PT Tower Bersama Infrastructure Tbk's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, PT Tower Bersama Infrastructure Tbk's Interest Expense was $-32.8 Mil. Its Operating Income was $66.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,241.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	66.732	/	-32.841
	=	2.03

The higher the ratio, the stronger the company's Financial Strength is.

PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

PT Tower Bersama Infrastructure Tbk Interest Coverage Related Terms

Thank you for viewing the detailed overview of PT Tower Bersama Infrastructure Tbk's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Tower Bersama Infrastructure Tbk (OTCPK:PTFRY) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

TBIG:Indonesia

Address

Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940

Website

https://www.tower-bersama.com

PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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