Asian Marine Services PCL (BKK:ASIMAR) Interest Coverage: 3.06 (As of Mar. 2026) — 48% Below Median


BKK:ASIMAR Asian Marine Services PCL BKK:ASIMAR
76 GF Score
Price ฿1.30
GF Value ฿1.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Asian Marine Services PCL Interest Coverage?

Asian Marine Services PCL BKK:ASIMAR -1.52% 76 Interest Coverage is 3.06 as of Mar. 2026, which is 48% below its 10-year median of 5.84. GuruFocus rates BKK:ASIMAR with a GF Score™ of 76/100 and a GF Value™ of ฿1.91 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 241 Aerospace & Defense companies, Asian Marine Services PCL ranks better than 59.34% on this metric.

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. Asian Marine Services PCL's Operating Income for the three months ended in Mar. 2026 was ฿4.2 Mil. Asian Marine Services PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-1.4 Mil. Asian Marine Services PCL's interest coverage for the quarter that ended in Mar. 2026 was 3.06. The higher the ratio, the stronger the company's financial strength is.

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

BKK:ASIMAR' s Interest Coverage Range Over the Past 10 Years
Min: 1.25   Med: 5.84   Max: 18.52
Current: 11.94


BKK:ASIMAR's Interest Coverage is ranked better than
59.34% of 241 companies
in the Aerospace & Defense industry
Industry Median: 8.69 vs BKK:ASIMAR: 11.94

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


Asian Marine Services PCL  (BKK:ASIMAR) 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 .


Asian Marine Services PCL Interest Coverage Related Terms


Asian Marine Services PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asian Marine Services 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.

Asian Marine Services PCL Interest Coverage Chart

Asian Marine Services PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 2.57 3.14 13.59 13.45

Asian Marine Services PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.59 16.95 24.49 4.66 3.06

BKK:ASIMAR vs SPCX, GE, RTX: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Asian Marine Services 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.


Asian Marine Services PCL Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Asian Marine Services PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asian Marine Services PCL's Interest Coverage falls into.


BKK:ASIMAR
76GF Score
Asian Marine Services PCL BKK:ASIMAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Marine Services 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.

Asian Marine Services PCL's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Asian Marine Services PCL's Interest Expense was ฿-4.5 Mil. Its Operating Income was ฿60.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿39.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*60.105/-4.47
=13.45

Asian Marine Services PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Asian Marine Services PCL's Interest Expense was ฿-1.4 Mil. Its Operating Income was ฿4.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿39.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.177/-1.367
=3.06

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.06 mean?
Asian Marine Services PCL (BKK:ASIMAR) has a Interest Coverage of 3.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asian Marine Services PCL and its competitors. This is 48% below median its historical median of 5.84. Over the past decade, Asian Marine Services PCL's Interest Coverage has ranged from 1.25 to 18.52. According to the industry distribution chart, Asian Marine Services PCL ranks #98 out of 241 companies in the Aerospace & Defense industry, placing it in the top 40.7%.
Is Asian Marine Services PCL's Interest Coverage too high?
Asian Marine Services PCL's current Interest Coverage of 3.06 is 48% below median its 10-year median of 5.84. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 18.52. The Aerospace & Defense industry median Interest Coverage is 8.69. Asian Marine Services PCL's value of 3.06 is 64.8% below this industry median. Based on the distribution chart, Asian Marine Services PCL ranks #98 out of 241 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Asian Marine Services PCL has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asian Marine Services PCL's Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Asian Marine Services PCL ranks #98 out of 241 companies for Interest Coverage. This puts Asian Marine Services PCL in the upper half of its industry. The industry median Interest Coverage is 8.69. Asian Marine Services PCL's value of 3.06 is 64.8% below this benchmark. Historically, Asian Marine Services PCL's own Interest Coverage has ranged from 1.25 to 18.52 over the past decade. While the company's 10-year median is 5.84 vs. the industry median of 8.69, Asian Marine Services PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asian Marine Services PCL's current Interest Coverage of 3.06 is 64.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asian Marine Services PCL and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Marine Services PCL's current Interest Coverage is 3.06, which is 48% below median its own 10-year median of 5.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Marine Services PCL stock overvalued right now?
Based on GuruFocus' analysis, Asian Marine Services PCL (BKK:ASIMAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿1.91, compared to a current price of ฿1.30 — trading 31.9% below its estimated fair value. The current Interest Coverage is 3.06, which is 48% below median its 10-year median of 5.84 and 64.8% below the Aerospace & Defense industry median of 8.69. Asian Marine Services PCL's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Asian Marine Services PCL (BKK:ASIMAR), the current Interest Coverage is 3.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Asian Marine Services PCL (BKK:ASIMAR) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Marine Services PCL stock appears to be undervalued. The current stock price of ฿1.30 is trading 31.9% below its estimated GF Value™ of ฿1.91. GuruFocus considers Asian Marine Services PCL to be Significantly Undervalued.

Key valuation signals for BKK:ASIMAR:

  • Interest Coverage: 3.06 (48% below median its 10-year median of 5.84)
  • GF Value™: ฿1.91 vs. price of ฿1.30 (31.9% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 64.8% below the Aerospace & Defense median (#98 of 241)

No single metric tells the full story. See the BKK:ASIMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asian Marine Services PCL Business Description

Address 128 Moo 3 Suksawad Road, Laemfapa, Prasamutjedee, Samutprakan, THA, 10290
Asian Marine Services PCL is principally engaged in the shipbuilding and ship repair services. It provides services such as ship repair, shipbuilding, engineering construction projects such as steel structures, airport passenger walkways, and oil rig construction, etc. The company and its subsidiaries' business operations involve three principal segments, namely, Ship Repairing, Shipbuilding, and Ship Supply. The majority of the company's revenue is derived from the Ship repairing segment. Geographically, it operates mainly in Thailand.
76GF Score

Get the complete analysis for BKK:ASIMAR

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿1.30
Price
฿1.91
GF Value