GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alucon PCL (BKK:ALUCON-R) » Definitions » Interest Coverage

Alucon PCL (BKK:ALUCON-R) Interest Coverage : No Debt (1) (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Alucon 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. Alucon PCL's Operating Income for the three months ended in Mar. 2024 was ฿233 Mil. Alucon PCL's Interest Expense for the three months ended in Mar. 2024 was ฿0 Mil. Alucon PCL has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Alucon PCL has no debt.

(1) 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.

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

BKK:ALUCON-R' s Interest Coverage Range Over the Past 10 Years
Min: 35.66   Med: 481.84   Max: No Debt
Current: No Debt


BKK:ALUCON-R's Interest Coverage is ranked better than
99.85% of 1343 companies
in the Metals & Mining industry
Industry Median: No Debt vs BKK:ALUCON-R: No Debt

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


Alucon PCL Interest Coverage Historical Data

The historical data trend for Alucon 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.

Alucon PCL Interest Coverage Chart

Alucon 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 554.51 No Debt No Debt No Debt No Debt

Alucon 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Alucon PCL's Interest Coverage

For the Aluminum subindustry, Alucon 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.


Alucon PCL's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alucon PCL's Interest Coverage distribution charts can be found below:

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



Alucon 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.

Alucon 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, Alucon PCL's Interest Expense was ฿0 Mil. Its Operating Income was ฿592 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Alucon PCL had no debt (1).

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

Here, for the three months ended in Mar. 2024, Alucon PCL's Interest Expense was ฿0 Mil. Its Operating Income was ฿233 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Alucon PCL had no debt (1).

* 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.


Alucon PCL  (BKK:ALUCON-R) 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 .


Alucon PCL Interest Coverage Related Terms

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


Alucon PCL (BKK:ALUCON-R) Business Description

Traded in Other Exchanges
Address
500 Moo 1, Sukhumvit 72 Road, Soi Sirikam, North Samrong, Muang, Samut Prakarn, THA, 10270
Alucon PCL is a Thailand-based company engaged in producing and distributing aluminium containers such as Aluminium Collapsible Tubes, Aluminium Monobloc Aerosol Cans, Aluminium Rigid Wall Containers, Aluminium Bottles, Technical Impact Extrusions, Aluminium Slugs (Blanks), Aluminium Coils, Aluminium Pellets, strips, plates, etc. The company has two segments namely, the Can and tube segment, and the Slug segment and it has a business presence in Thailand, Asia Pacific, the United States and other countries.

Alucon PCL (BKK:ALUCON-R) Headlines

No Headlines