Dexon Technology PCL (BKK:DEXON) Interest Coverage : 0 (At Loss) (As of Sep. 2023)

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What is Dexon Technology 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. Dexon Technology PCL's Operating Income for the three months ended in Sep. 2023 was ฿-20.5 Mil. Dexon Technology PCL's Interest Expense for the three months ended in Sep. 2023 was ฿-1.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

BKK:DEXON' s Interest Coverage Range Over the Past 10 Years
Min: 2.54 Med: 7.26 Max: 11.97
Current: 5.05

BKK:DEXON's Interest Coverage is ranked worse than
58.4% of 762 companies
in the Oil & Gas industry
Industry Median: 6.645 vs BKK:DEXON: 5.05

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

Dexon Technology PCL Interest Coverage Historical Data

The historical data trend for Dexon Technology 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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Dexon Technology PCL Interest Coverage Chart

Dexon Technology PCL Annual Data

Trend

Dec21

Dec22

Interest Coverage

2.54

11.97

Dexon Technology PCL Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Coverage	Get a 7-Day Free Trial			3.12	27.40	2.88	-	-

Competitive Comparison of Dexon Technology PCL's Interest Coverage

For the Oil & Gas Equipment & Services subindustry, Dexon Technology 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.

Dexon Technology PCL's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Interest Coverage distribution charts can be found below:

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

Dexon Technology 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.

Dexon Technology PCL's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Dexon Technology PCL's Interest Expense was ฿-10.1 Mil. Its Operating Income was ฿120.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿61.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	120.503	/	-10.071
	=	11.97

Dexon Technology PCL's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Dexon Technology PCL's Interest Expense was ฿-1.0 Mil. Its Operating Income was ฿-20.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿11.1 Mil.

Dexon Technology PCL did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Dexon Technology PCL (BKK:DEXON) 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 .

Dexon Technology PCL Interest Coverage Related Terms

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

Dexon Technology PCL (BKK:DEXON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dexon Technology PCL (BKK:DEXON) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130

Website

https://www.dexon-technology.com

Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. The company's operating segments include Research and development innovation segment, Advanve In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment.

Dexon Technology PCL (BKK:DEXON) Headlines

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