GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DTC Enterprise PCL (BKK:DTCENT) » Definitions » Interest Coverage

DTC Enterprise PCL (BKK:DTCENT) Interest Coverage : 48.17 (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is DTC Enterprise 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. DTC Enterprise PCL's Operating Income for the three months ended in Sep. 2023 was ฿51.3 Mil. DTC Enterprise PCL's Interest Expense for the three months ended in Sep. 2023 was ฿-1.1 Mil. DTC Enterprise PCL's interest coverage for the quarter that ended in Sep. 2023 was 48.17. The higher the ratio, the stronger the company's financial strength is.

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

BKK:DTCENT' s Interest Coverage Range Over the Past 10 Years
Min: 14.29   Med: 26.84   Max: 46.02
Current: 22.15


BKK:DTCENT's Interest Coverage is ranked better than
60.79% of 1576 companies
in the Hardware industry
Industry Median: 12.55 vs BKK:DTCENT: 22.15

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


DTC Enterprise PCL Interest Coverage Historical Data

The historical data trend for DTC Enterprise 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.

DTC Enterprise PCL Interest Coverage Chart

DTC Enterprise PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
46.02 39.35 26.84 19.35 14.29

DTC Enterprise PCL Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 15.83 - 18.75 23.48 48.17

Competitive Comparison of DTC Enterprise PCL's Interest Coverage

For the Scientific & Technical Instruments subindustry, DTC Enterprise 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.


DTC Enterprise PCL's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DTC Enterprise PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DTC Enterprise PCL's Interest Coverage falls into.



DTC Enterprise 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.

DTC Enterprise PCL's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, DTC Enterprise PCL's Interest Expense was ฿-4.8 Mil. Its Operating Income was ฿68.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿79.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*68.166/-4.769
=14.29

DTC Enterprise PCL's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, DTC Enterprise PCL's Interest Expense was ฿-1.1 Mil. Its Operating Income was ฿51.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿70.2 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*51.251/-1.064
=48.17

* 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.


DTC Enterprise PCL  (BKK:DTCENT) 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 .


DTC Enterprise PCL Interest Coverage Related Terms

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


DTC Enterprise PCL (BKK:DTCENT) Business Description

Traded in Other Exchanges
N/A
Address
63, Soi Sanphawut 2, Sukhumvit Road, Bangna Nuea, Bangna, Bangkok, THA, 10260
DTC Enterprise PCL designs, research, develop, distribute, and provide vehicle tracking devices (GPS Tracking) and develop a complete range of IoT Solution and Artificial Intelligence (AI), including research and development of software systems for transportation management and other. The company has four segments namely, GPS tracking business, Software business, IoT business and Other businesses. The majority of revenue is generated through GPS tracking business. The company's products consist of GPS tracking systems, Mobile DVR, Software, and Solutions.

DTC Enterprise PCL (BKK:DTCENT) Headlines

No Headlines