Cho Thavee PCL (BKK:CHO) Interest Coverage : 0 (At Loss) (As of Sep. 2024)

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What is Cho Thavee 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. Cho Thavee PCL's Operating Income for the three months ended in Sep. 2024 was ฿-229.5 Mil. Cho Thavee PCL's Interest Expense for the three months ended in Sep. 2024 was ฿-35.4 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 Cho Thavee PCL's Interest Coverage or its related term are showing as below:

BKK:CHO's Interest Coverage is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.53
* Ranked among companies with meaningful Interest Coverage only.

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

Cho Thavee PCL Interest Coverage Historical Data

The historical data trend for Cho Thavee 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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Cho Thavee PCL Interest Coverage Chart

Cho Thavee PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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1.51

Cho Thavee PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Cho Thavee PCL's Interest Coverage

For the Farm & Heavy Construction Machinery subindustry, Cho Thavee 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.

Cho Thavee PCL's Interest Coverage Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Interest Coverage distribution charts can be found below:

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

Cho Thavee 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.

Cho Thavee 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, Cho Thavee PCL's Interest Expense was ฿-190.9 Mil. Its Operating Income was ฿-400.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,267.3 Mil.

Cho Thavee PCL did not have earnings to cover the interest expense.

Cho Thavee PCL's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Cho Thavee PCL's Interest Expense was ฿-35.4 Mil. Its Operating Income was ฿-229.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿495.3 Mil.

Cho Thavee PCL did not have earnings to cover the interest expense.

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

Cho Thavee PCL (BKK:CHO) 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 .

Cho Thavee PCL Interest Coverage Related Terms

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Cho Thavee PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Cho Thavee PCL (BKK:CHO) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000

Website

http://www.cho.co.th

Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.

Cho Thavee PCL Headlines

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