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Univanich Palm Oil PCL (BKK:UVAN) Interest Coverage : 351.54 (As of Dec. 2023)


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What is Univanich Palm Oil 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. Univanich Palm Oil PCL's Operating Income for the three months ended in Dec. 2023 was ฿147 Mil. Univanich Palm Oil PCL's Interest Expense for the three months ended in Dec. 2023 was ฿-0 Mil. Univanich Palm Oil PCL's interest coverage for the quarter that ended in Dec. 2023 was 351.54. 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. Univanich Palm Oil PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

BKK:UVAN' s Interest Coverage Range Over the Past 10 Years
Min: 39.88   Med: 119.56   Max: 410.94
Current: 410.94


BKK:UVAN's Interest Coverage is ranked better than
92.48% of 1369 companies
in the Consumer Packaged Goods industry
Industry Median: 8.41 vs BKK:UVAN: 410.94

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


Univanich Palm Oil PCL Interest Coverage Historical Data

The historical data trend for Univanich Palm Oil 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.

Univanich Palm Oil PCL Interest Coverage Chart

Univanich Palm Oil 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 95.55 87.12 149.38 275.47 410.78

Univanich Palm Oil 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 163.12 377.90 296.23 1,561.47 351.54

Competitive Comparison of Univanich Palm Oil PCL's Interest Coverage

For the Farm Products subindustry, Univanich Palm Oil 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.


Univanich Palm Oil PCL's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Univanich Palm Oil PCL's Interest Coverage falls into.



Univanich Palm Oil 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.

Univanich Palm Oil 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, Univanich Palm Oil PCL's Interest Expense was ฿-3 Mil. Its Operating Income was ฿1,255 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿62 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1254.525/-3.054
=410.78

Univanich Palm Oil PCL's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Univanich Palm Oil PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿147 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿62 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*146.592/-0.417
=351.54

* 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.


Univanich Palm Oil PCL  (BKK:UVAN) 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 .


Univanich Palm Oil PCL Interest Coverage Related Terms

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


Univanich Palm Oil PCL (BKK:UVAN) Business Description

Traded in Other Exchanges
N/A
Address
258 Aoluk-Laemsak Road, Ampur Aoluk, P.O.Box 8-9, Krabi, THA, 81110
Univanich Palm Oil PCL is engaged in oil palm plantation industry. It produces Crude Palm Oil and Palm Kernel Oil. The company operates through two operating segments namely, Oil palm plantations, palm fruit processing, oil palm seed and seedling business; and Electric power plant with methane capture biogas project. The group carries its business operations mainly in Thailand.

Univanich Palm Oil PCL (BKK:UVAN) Headlines

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