Delta Paint PCL (BKK:DPAINT) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BKK:DPAINT Delta Paint PCL BKK:DPAINT
61 GF Score
Price ฿0.26
GF Value ฿1.22
Valuation Possible Value Trap
! 6 Warning Signs
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What is Delta Paint PCL Interest Coverage?

Delta Paint PCL BKK:DPAINT -3.70% 61 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BKK:DPAINT with a GF Score™ of 61/100 and a GF Value™ of ฿1.22 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,234 Chemicals companies, Delta Paint PCL ranks worse than 81037.2% 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. Delta Paint PCL's Operating Income for the three months ended in Mar. 2026 was ฿-8.1 Mil. Delta Paint PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-2.3 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 Delta Paint PCL's Interest Coverage or its related term are showing as below:


BKK:DPAINT's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 10.18
* 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.


Delta Paint PCL  (BKK:DPAINT) 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 .


Delta Paint PCL Interest Coverage Related Terms


Delta Paint PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Delta Paint 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.

Delta Paint PCL Interest Coverage Chart

Delta Paint PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 8.94 18.29 3.00 0.00 0.00

Delta Paint 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 0.00 0.00 0.00 0.00 0.00

BKK:DPAINT vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Delta Paint 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.


Delta Paint PCL Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Delta Paint PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Delta Paint PCL's Interest Coverage falls into.


BKK:DPAINT
61GF Score
Delta Paint PCL BKK:DPAINT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Paint 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.

Delta Paint 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, Delta Paint PCL's Interest Expense was ฿-13.3 Mil. Its Operating Income was ฿-69.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿8.7 Mil.

Delta Paint PCL did not have earnings to cover the interest expense.

Delta Paint PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Delta Paint PCL's Interest Expense was ฿-2.3 Mil. Its Operating Income was ฿-8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿33.0 Mil.

Delta Paint PCL did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Delta Paint PCL (BKK:DPAINT) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Delta Paint PCL and its competitors. According to the industry distribution chart, Delta Paint PCL ranks #999999 out of 1234 companies in the Chemicals industry.
Is Delta Paint PCL's Interest Coverage too high?
Delta Paint PCL's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Delta Paint PCL ranks #999999 out of 1234 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Delta Paint PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Delta Paint PCL's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Delta Paint PCL ranks #999999 out of 1234 companies for Interest Coverage. This places Delta Paint PCL in the lower half of its industry. The industry median Interest Coverage is 10.18. 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 a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. 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 Delta Paint PCL and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Paint PCL's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Paint PCL stock overvalued right now?
Based on GuruFocus' analysis, Delta Paint PCL (BKK:DPAINT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.22, compared to a current price of ฿0.26 — trading 78.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Delta Paint PCL's overall GF Score™ is 61/100 with 6 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 Delta Paint PCL (BKK:DPAINT), the current Interest Coverage is 0 (At Loss) 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 Delta Paint PCL (BKK:DPAINT) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Paint PCL stock appears to be undervalued. The current stock price of ฿0.26 is trading 78.7% below its estimated GF Value™ of ฿1.22. GuruFocus considers Delta Paint PCL to be Possible Value Trap.

Key valuation signals for BKK:DPAINT:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ฿1.22 vs. price of ฿0.26 (78.7% below fair value)
  • GF Score™: 61/100 with 6 warning signs

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


Delta Paint PCL Business Description

Address Thien Ruam Mit Road, 55 Delta House Building, Huai Khwang District, Bangkok, THA, 10320
Delta Paint PCL is engaged in the production and distribution of paint and chemical. The company operates in Thailand and Cambodia.
61GF Score

Get the complete analysis for BKK:DPAINT

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

฿0.26
Price
฿1.22
GF Value