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Crown Seal (BKK:CSC) Interest Coverage : 566.82 (As of Mar. 2024)


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What is Crown Seal 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. Crown Seal's Operating Income for the three months ended in Mar. 2024 was ฿100 Mil. Crown Seal's Interest Expense for the three months ended in Mar. 2024 was ฿-0 Mil. Crown Seal's interest coverage for the quarter that ended in Mar. 2024 was 566.82. 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. Crown Seal PLC has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Crown Seal's Interest Coverage or its related term are showing as below:

BKK:CSC' s Interest Coverage Range Over the Past 10 Years
Min: 255.63   Med: No Debt   Max: No Debt
Current: 334.56


BKK:CSC's Interest Coverage is ranked better than
93.55% of 310 companies
in the Packaging & Containers industry
Industry Median: 6.755 vs BKK:CSC: 334.56

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


Crown Seal Interest Coverage Historical Data

The historical data trend for Crown Seal'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.

Crown Seal Interest Coverage Chart

Crown Seal 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 No Debt 852.81 429.59 458.59 255.63

Crown Seal Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 277.70 370.39 311.72 163.05 566.82

Competitive Comparison of Crown Seal's Interest Coverage

For the Packaging & Containers subindustry, Crown Seal'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.


Crown Seal's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Crown Seal's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crown Seal's Interest Coverage falls into.



Crown Seal 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.

Crown Seal'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, Crown Seal's Interest Expense was ฿-1 Mil. Its Operating Income was ฿202 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿16 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*202.455/-0.792
=255.63

Crown Seal's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Crown Seal's Interest Expense was ฿-0 Mil. Its Operating Income was ฿100 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿13 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*99.76/-0.176
=566.82

* 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.


Crown Seal  (BKK:CSC) 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 .


Crown Seal Interest Coverage Related Terms

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


Crown Seal (BKK:CSC) Business Description

Traded in Other Exchanges
N/A
Address
5 Soi Rangsit - Nakhon Nayok 46, Tambon Prachatipat, Amphur Thanyaburi, Pathum Thani, THA, 12130
Crown Seal PLC is engaged in the manufacture and sale of caps for bottles. Based on the products and services, the company is engaged in two reportable segments: Manufacture and sale of caps and Hire of printing sheets for the can. Its products and services include Crown Cap, Maxi Crown, Composite Cap, Hand-crowner, Plastic Cap, and others. The company earns the highest revenue from the Manufacture and sale of caps segment.

Crown Seal (BKK:CSC) Headlines

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