G Steel PCL (BKK:GSTEEL) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


What is G Steel PCL Interest Coverage?

G Steel PCL BKK:GSTEEL Interest Coverage is 0 (At Loss) as of Mar. 2026. The stock has 4 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. G Steel PCL's Operating Income for the three months ended in Mar. 2026 was ฿-186 Mil. G Steel PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-38 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 G Steel PCL's Interest Coverage or its related term are showing as below:


BKK:GSTEEL's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.41
* 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.

G Steel PCL  (BKK:GSTEEL) 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 .

G Steel PCL Interest Coverage Related Terms

G Steel PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for G Steel 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.

G Steel PCL Interest Coverage Chart

G Steel 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 4.57 0.13 0.00 0.00 0.00

G Steel 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:GSTEEL vs NUE, STLD: Interest Coverage Comparison

For the Steel subindustry, G Steel 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.

G Steel PCL Interest Coverage vs Steel Industry

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

* The bar in red indicates where G Steel PCL's Interest Coverage falls into.


G Steel 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.

G Steel 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, G Steel PCL's Interest Expense was ฿-196 Mil. Its Operating Income was ฿-1,623 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,710 Mil.

G Steel PCL did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, G Steel PCL's Interest Expense was ฿-38 Mil. Its Operating Income was ฿-186 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,709 Mil.

G Steel 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?
G Steel PCL (BKK:GSTEEL) 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 G Steel PCL and its competitors.
Is G Steel PCL's Interest Coverage too high?
G Steel PCL's current Interest Coverage is 0 (At Loss).
How does G Steel PCL's Interest Coverage compare to NUE and STLD?
G Steel PCL's Interest Coverage of 0 (At Loss) can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.41. 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 Steel company?
The median Interest Coverage among Steel companies is 4.41, based on 457 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 G Steel PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G Steel 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 G Steel PCL stock overvalued right now?
G Steel PCL (BKK:GSTEEL) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.09 — trading 125% above its estimated fair value. The current Interest Coverage is 0 (At Loss). 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 G Steel PCL (BKK:GSTEEL), 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.

G Steel PCL Business Description

Address Silom Road, Suriyawong, 88, Paso Tower, 18th Floor, Bangrak, Bangkok, THA, 10500
G Steel PCL is engaged in manufacturing and distributing hot rolled coil steel products. It offers cold rolled steel sheets, galvanized steel, steel pipes, steel products for construction, automobile and parts and electrical appliances. The company's products serve as raw materials for downstream industries as cold-rolled coils, galvanized steel, steel pipe, structural steel products for construction, LPG container, automobile, electrical appliance as well as steel furniture industries. It operates in a single line of business, namely manufacturing of flat-rolled steel products. Geographically, the company operates in Thailand.