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Asphere Innovations PCL (BKK:AS) Interest Coverage : 15.68 (As of Mar. 2024)


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What is Asphere Innovations 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. Asphere Innovations PCL's Operating Income for the three months ended in Mar. 2024 was ฿78 Mil. Asphere Innovations PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-5 Mil. Asphere Innovations PCL's interest coverage for the quarter that ended in Mar. 2024 was 15.68. The higher the ratio, the stronger the company's financial strength is.

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

BKK:AS' s Interest Coverage Range Over the Past 10 Years
Min: 15.95   Med: 166.79   Max: 677.11
Current: 15.95


BKK:AS's Interest Coverage is ranked worse than
62.75% of 298 companies
in the Interactive Media industry
Industry Median: 37.625 vs BKK:AS: 15.95

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


Asphere Innovations PCL Interest Coverage Historical Data

The historical data trend for Asphere Innovations 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.

Asphere Innovations PCL Interest Coverage Chart

Asphere Innovations 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 47.26 286.32 677.11 304.83 20.28

Asphere Innovations 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 131.31 52.07 7.81 21.88 15.68

Competitive Comparison of Asphere Innovations PCL's Interest Coverage

For the Electronic Gaming & Multimedia subindustry, Asphere Innovations 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.


Asphere Innovations PCL's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Asphere Innovations PCL's Interest Coverage distribution charts can be found below:

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



Asphere Innovations 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.

Asphere Innovations 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, Asphere Innovations PCL's Interest Expense was ฿-9 Mil. Its Operating Income was ฿188 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿140 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*188.24/-9.284
=20.28

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

Here, for the three months ended in Mar. 2024, Asphere Innovations PCL's Interest Expense was ฿-5 Mil. Its Operating Income was ฿78 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿130 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*78.388/-4.998
=15.68

* 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.


Asphere Innovations PCL  (BKK:AS) 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 .


Asphere Innovations PCL Interest Coverage Related Terms

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


Asphere Innovations PCL (BKK:AS) Business Description

Traded in Other Exchanges
Address
Rama 9 Road, 51 Major Tower Rama 9 - Ramkhamhaeng 18th Floor, Room No. 3-8, Hua Mak, Bangkapi, Bangkok, THA, 10240
Asphere Innovations PCL is engaged in providing online game services. It operates in two segments: Online game segment, which provides online game services through the internet that perform based on the agreement of the publisher with the game developer; and The distribution segment is a business that provides payment channel services. Nearly all of its revenue comes from the Online game segment. Some of the games offered by the company include Audition Online, Crossout, Elsword, Mission Against Terror 2, Mosiang Online, Perfect World, RF Online, Wulin Online, HuangYi Mobile, Real Yulgang Mobile, and Tales of Fairy Empire. Its geographical segments include Thailand, Singapore, Malaysia, the Philippines, and other countries.

Asphere Innovations PCL (BKK:AS) Headlines

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