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Srinanaporn Marketing PCL (BKK:SNNP) Interest Coverage : 105.39 (As of Mar. 2024)


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What is Srinanaporn Marketing 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. Srinanaporn Marketing PCL's Operating Income for the three months ended in Mar. 2024 was ฿189 Mil. Srinanaporn Marketing PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-2 Mil. Srinanaporn Marketing PCL's interest coverage for the quarter that ended in Mar. 2024 was 105.39. The higher the ratio, the stronger the company's financial strength is.

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

BKK:SNNP' s Interest Coverage Range Over the Past 10 Years
Min: 1.63   Med: 10.23   Max: 375.72
Current: 91.41


BKK:SNNP's Interest Coverage is ranked better than
84.92% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 8.54 vs BKK:SNNP: 91.41

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


Srinanaporn Marketing PCL Interest Coverage Historical Data

The historical data trend for Srinanaporn Marketing 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.

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Srinanaporn Marketing PCL Interest Coverage Chart

Srinanaporn Marketing PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
1.89 1.63 10.23 375.72 104.02

Srinanaporn Marketing PCL Quarterly Data
Dec19 Mar20 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 244.06 122.77 87.19 69.62 105.39

Competitive Comparison of Srinanaporn Marketing PCL's Interest Coverage

For the Packaged Foods subindustry, Srinanaporn Marketing 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.


Srinanaporn Marketing PCL's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Srinanaporn Marketing PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Srinanaporn Marketing PCL's Interest Coverage falls into.



Srinanaporn Marketing 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.

Srinanaporn Marketing 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, Srinanaporn Marketing PCL's Interest Expense was ฿-8 Mil. Its Operating Income was ฿793 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿264 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*792.751/-7.621
=104.02

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

Here, for the three months ended in Mar. 2024, Srinanaporn Marketing PCL's Interest Expense was ฿-2 Mil. Its Operating Income was ฿189 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿246 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*189.181/-1.795
=105.39

* 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.


Srinanaporn Marketing PCL  (BKK:SNNP) 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 .


Srinanaporn Marketing PCL Interest Coverage Related Terms

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


Srinanaporn Marketing PCL (BKK:SNNP) Business Description

Traded in Other Exchanges
N/A
Address
Lan Luang Road, No. 325/6-9 Soi Lan Luang 7, Mahanak Intersection Subdistrict, Dusit District, Bangkok, THA, 10300
Srinanaporn Marketing PCL is engaged in the business of production and distribution of beverages and snacks such as ready-to-drink jelly and jelly carrageenan product line under the Jele brand, cuttle fish snack product line under the Bento brand and extruded biscuit and bread stick product line under the Dorkbua Lotus brand. The company's operating segment include Manufacturing and distributing beverage; Manufacturing and distributing snack and Distributing other products. It generates maximum revenue from the Manufacturing and distributing snack segment.

Srinanaporn Marketing PCL (BKK:SNNP) Headlines

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