PT Budi Starch & Sweetener Tbk

Jakarta Stock Exchange BUDI.JK

PT Budi Starch & Sweetener Tbk Interest Coverage Ratio for the year ending December 31, 2023: 2.06

PT Budi Starch & Sweetener Tbk Interest Coverage Ratio is 2.06 for the year ending December 31, 2023, a -1.05% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

PT Budi Starch & Sweetener Tbk Interest Coverage Ratio for the year ending December 31, 2022 was 2.08, a 4.79% change year over year.
PT Budi Starch & Sweetener Tbk Interest Coverage Ratio for the year ending December 31, 2021 was 1.98, a 27.44% change year over year.
PT Budi Starch & Sweetener Tbk Interest Coverage Ratio for the year ending December 31, 2020 was 1.56, a -1.16% change year over year.
PT Budi Starch & Sweetener Tbk Interest Coverage Ratio for the year ending December 31, 2019 was 1.57, a 3.58% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Jakarta Stock Exchange: BUDI.JK

PT Budi Starch & Sweetener Tbk

CEO	Mr. Santoso Winata
IPO Date	May 20, 2002
Location	Indonesia
Headquarters	Wisma Budi
Employees	3,910
Sector	Materials
Industries Paper & Forest Products

Description

PT Budi Starch & Sweetener Tbk, together with its subsidiaries, produces and sells cassava-based products in Indonesia and internationally. The company offers tapioca and modified tapioca starch for use in food, paper, confectionery, chemicals, and instant noodles; and sweeteners, such as glucose, fructose, sorbitol, and maltodextrine. It also provides polypropylene woven bags for packaging applications; sulfuric acid for use in fertilizer manufacturing industries, rayon, dyes, medicines, detergents, inorganic salts, oil refineries, and metallurgical processes; citric acid and other chemicals; and organic fertilizers. The company was formerly known as PT Budi Acid Jaya Tbk and changed its name to PT Budi Starch & Sweetener Tbk in July 2013. PT Budi Starch & Sweetener Tbk was founded in 1979 and is headquartered in Jakarta Selatan, Indonesia.

Key trends

Past 5 years