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Krungdhep Sophon PCL (BKK:KWC) Interest Coverage : 658.18 (As of Mar. 2024)


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What is Krungdhep Sophon 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. Krungdhep Sophon PCL's Operating Income for the three months ended in Mar. 2024 was ฿29.6 Mil. Krungdhep Sophon PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0.0 Mil. Krungdhep Sophon PCL's interest coverage for the quarter that ended in Mar. 2024 was 658.18. 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. Krungdhep Sophon PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

BKK:KWC' s Interest Coverage Range Over the Past 10 Years
Min: 35.6   Med: 368.43   Max: 4965.68
Current: 508.6


BKK:KWC's Interest Coverage is ranked better than
90.57% of 1326 companies
in the Real Estate industry
Industry Median: 3.995 vs BKK:KWC: 508.60

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


Krungdhep Sophon PCL Interest Coverage Historical Data

The historical data trend for Krungdhep Sophon 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.

Krungdhep Sophon PCL Interest Coverage Chart

Krungdhep Sophon 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 4,965.68 204.34 88.83 270.81 466.04

Krungdhep Sophon PCL 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 445.08 394.29 644.30 358.48 658.18

Competitive Comparison of Krungdhep Sophon PCL's Interest Coverage

For the Real Estate Services subindustry, Krungdhep Sophon 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.


Krungdhep Sophon PCL's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Krungdhep Sophon PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Krungdhep Sophon PCL's Interest Coverage falls into.



Krungdhep Sophon 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.

Krungdhep Sophon 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, Krungdhep Sophon PCL's Interest Expense was ฿-0.2 Mil. Its Operating Income was ฿110.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*109.985/-0.236
=466.04

Krungdhep Sophon PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Krungdhep Sophon PCL's Interest Expense was ฿-0.0 Mil. Its Operating Income was ฿29.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*29.618/-0.045
=658.18

* 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.


Krungdhep Sophon PCL  (BKK:KWC) 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 .


Krungdhep Sophon PCL Interest Coverage Related Terms

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


Krungdhep Sophon PCL (BKK:KWC) Business Description

Traded in Other Exchanges
N/A
Address
185 Rasburana Road, Kwaeng Bangpakok, Khet Rasburana, Bangkok, THA, 10140
Krungdhep Sophon PCL is a Thailand-based company engaged in the real estate development and leasing property. The activity of the group is functioned through warehouses rental, document storages rental and assets rental segments. The company develops and leases property and also provides management consulting services. All the operations are functioned through the regions of Thailand. Majority revenue is generated from Document storages rental.

Krungdhep Sophon PCL (BKK:KWC) Headlines

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