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United Palm Oil Industry PCL (BKK:UPOIC-R) Interest Coverage : 51.95 (As of Mar. 2024)


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What is United Palm Oil Industry 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. United Palm Oil Industry PCL's Operating Income for the three months ended in Mar. 2024 was ฿66 Mil. United Palm Oil Industry PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-1 Mil. United Palm Oil Industry PCL's interest coverage for the quarter that ended in Mar. 2024 was 51.95. The higher the ratio, the stronger the company's financial strength is.

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

BKK:UPOIC-R' s Interest Coverage Range Over the Past 10 Years
Min: 1.52   Med: 23.77   Max: 85.99
Current: 27.11


BKK:UPOIC-R's Interest Coverage is ranked better than
70.51% of 1380 companies
in the Consumer Packaged Goods industry
Industry Median: 8.61 vs BKK:UPOIC-R: 27.11

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


United Palm Oil Industry PCL Interest Coverage Historical Data

The historical data trend for United Palm Oil Industry 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.

United Palm Oil Industry PCL Interest Coverage Chart

United Palm Oil Industry 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 1.52 21.36 81.20 85.99 26.17

United Palm Oil Industry 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 49.34 8.33 6.84 29.30 51.95

Competitive Comparison of United Palm Oil Industry PCL's Interest Coverage

For the Farm Products subindustry, United Palm Oil Industry 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.


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

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

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



United Palm Oil Industry 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.

United Palm Oil Industry 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, United Palm Oil Industry PCL's Interest Expense was ฿-5 Mil. Its Operating Income was ฿121 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿42 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*120.857/-4.618
=26.17

United Palm Oil Industry PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, United Palm Oil Industry PCL's Interest Expense was ฿-1 Mil. Its Operating Income was ฿66 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿42 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*65.557/-1.262
=51.95

* 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.


United Palm Oil Industry PCL  (BKK:UPOIC-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 .


United Palm Oil Industry PCL Interest Coverage Related Terms

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


United Palm Oil Industry PCL (BKK:UPOIC-R) Business Description

Traded in Other Exchanges
Address
64, 1st Floor, Soi Bangna-Trad 25, Bangnanua Sub-District, Bangna District, Bangkok, THA, 10260
United Palm Oil Industry PCL engaged in the manufacture of crude palm oil and palm kernel oil. The company business operations involve 2 principal segments (1) oil palm plantation, crude palm oil and crude palm kernel oil processing (2) generation of electricity from biogases and biomasses. These activities are carried on exclusively in the single geographic area of Thailand.

United Palm Oil Industry PCL (BKK:UPOIC-R) Headlines

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