Goldfine Manufacturers (BKK:GFM-R) Interest Coverage: No Debt (1) (As of Sep. 2014) — 100% Below Median


What is Goldfine Manufacturers Interest Coverage?

Goldfine Manufacturers BKK:GFM-R Interest Coverage is No Debt (1) as of Sep. 2014, which is 100% below its 10-year median of 4,805.24. The stock has 3 warning signs investors should review.

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. Goldfine Manufacturers's Operating Income for the three months ended in Sep. 2014 was ฿27.01 Mil. Goldfine Manufacturers's Interest Expense for the three months ended in Sep. 2014 was ฿0.00 Mil. Goldfine Manufacturers has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Goldfine Manufacturers PLC has no debt.

(1) 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.

The historical rank and industry rank for Goldfine Manufacturers's Interest Coverage or its related term are showing as below:

BKK:GFM-R' s Interest Coverage Range Over the Past 10 Years
Min: 74.32   Med: 4805.24   Max: No Debt
Current: No Debt

BKK:GFM-R's Interest Coverage is not ranked
in the Retail - Cyclical industry.
Industry Median: 7.85 vs BKK:GFM-R: No Debt

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

Goldfine Manufacturers  (BKK:GFM-R) 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 .

Goldfine Manufacturers Interest Coverage Related Terms

Goldfine Manufacturers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Interest Coverage Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 6,422.08 No Debt 1,001.44 No Debt No Debt

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 No Debt No Debt No Debt No Debt No Debt

Goldfine Manufacturers Interest Coverage Competitor Comparison

For the Luxury Goods subindustry, Goldfine Manufacturers'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.

Goldfine Manufacturers Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Goldfine Manufacturers's Interest Coverage falls into.


Goldfine Manufacturers 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.

Goldfine Manufacturers's Interest Coverage for the fiscal year that ended in Dec. 2013 is calculated as

Here, for the fiscal year that ended in Dec. 2013, Goldfine Manufacturers's Interest Expense was ฿0.00 Mil. Its Operating Income was ฿122.92 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.00 Mil.

Goldfine Manufacturers had no debt (1).

Goldfine Manufacturers's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Here, for the three months ended in Sep. 2014, Goldfine Manufacturers's Interest Expense was ฿0.00 Mil. Its Operating Income was ฿27.01 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.00 Mil.

Goldfine Manufacturers had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Goldfine Manufacturers (BKK:GFM-R) has a Interest Coverage of No Debt (1) as of Sep. 2014. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Goldfine Manufacturers and its competitors. This is 100% below median its historical median of 4,805.24. Over the past decade, Goldfine Manufacturers' Interest Coverage has ranged from 74.32 to 10,000.00.
Is Goldfine Manufacturers' Interest Coverage too high?
Goldfine Manufacturers' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 4,805.24. Over the past 10 years, this metric has ranged from a low of 74.32 to a high of 10,000.00.
How does Goldfine Manufacturers' Interest Coverage compare to competitors?
Goldfine Manufacturers' Interest Coverage of No Debt (1) can be compared against companies in the Retail - Cyclical industry. The industry median Interest Coverage is 7.85. Historically, Goldfine Manufacturers' own Interest Coverage has ranged from 74.32 to 10,000.00 over the past decade. 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.85, based on 826 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 Goldfine Manufacturers and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldfine Manufacturers's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 4,805.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 4,805.24. 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 Goldfine Manufacturers (BKK:GFM-R), the current Interest Coverage is No Debt (1) as of Sep. 2014. 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.

Goldfine Manufacturers Business Description

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.