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AI Energy PCL (BKK:AIE) Interest Coverage : 42,652.00 (As of Dec. 2023)


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What is AI Energy PCL 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. AI Energy PCL's Operating Income for the three months ended in Dec. 2023 was ฿43 Mil. AI Energy PCL's Interest Expense for the three months ended in Dec. 2023 was ฿-0 Mil. AI Energy PCL's interest coverage for the quarter that ended in Dec. 2023 was 42,652.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AI Energy PCL has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for AI Energy PCL's Interest Coverage or its related term are showing as below:

BKK:AIE' s Interest Coverage Range Over the Past 10 Years
Min: 5.21   Med: 76.15   Max: 5923.84
Current: 1666.65


BKK:AIE's Interest Coverage is ranked better than
88.19% of 762 companies
in the Oil & Gas industry
Industry Median: 6.575 vs BKK:AIE: 1666.65

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


AI Energy PCL Interest Coverage Historical Data

The historical data trend for AI Energy PCL'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.

* Premium members only.

AI Energy PCL Interest Coverage Chart

AI Energy PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 76.15 5,923.84 - 1,666.65

AI Energy PCL 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 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 - - 712.83 - 42,652.00

Competitive Comparison of AI Energy PCL's Interest Coverage

For the Oil & Gas Refining & Marketing subindustry, AI Energy PCL'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.


AI Energy PCL's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, AI Energy PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AI Energy PCL's Interest Coverage falls into.



AI Energy PCL 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.

AI Energy PCL'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, AI Energy PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿33 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*33.333/-0.02
=1,666.65

AI Energy PCL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, AI Energy PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿43 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*42.652/-0.001
=42,652.00

* 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.


AI Energy PCL  (BKK:AIE) 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 .


AI Energy PCL Interest Coverage Related Terms

Thank you for viewing the detailed overview of AI Energy PCL's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


AI Energy PCL (BKK:AIE) Business Description

Traded in Other Exchanges
N/A
Address
55/2 Moo 8, Tambol Klongmadua, Amphur Krathum Baen, Samut Sakhon, THA, 74110
AI Energy PCL is engaged in producing and distributing energy products, vegetable oil and fat, and animal oil and fat. The products provided by the company are biodiesel, refined glycerine and Palm oil product. The reportable segments of the company are the AI Energy Public Company Limited- Producing and distribution of energy product (bio-diesel), vegetable oil ; AI Ports and Terminals Company Limited -Ports service. The Group operate in a single geographical segment principally in Thailand.

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