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POSCO-Thainox PCL (BKK:INOX) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is POSCO-Thainox 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. POSCO-Thainox PCL's Operating Income for the three months ended in Mar. 2025 was ฿-6 Mil. POSCO-Thainox PCL's Interest Expense for the three months ended in Mar. 2025 was ฿-0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. POSCO-Thainox PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

BKK:INOX' s Interest Coverage Range Over the Past 10 Years
Min: 0.9   Med: 159.94   Max: 2801.03
Current: 153.86


BKK:INOX's Interest Coverage is ranked better than
89.91% of 446 companies
in the Steel industry
Industry Median: 5.195 vs BKK:INOX: 153.86

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


POSCO-Thainox PCL Interest Coverage Historical Data

The historical data trend for POSCO-Thainox 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.

POSCO-Thainox PCL Interest Coverage Chart

POSCO-Thainox PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 483.17 17.50 - 159.94

POSCO-Thainox PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.70 334.45 110.96 172.29 -

Competitive Comparison of POSCO-Thainox PCL's Interest Coverage

For the Steel subindustry, POSCO-Thainox 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.


POSCO-Thainox PCL's Interest Coverage Distribution in the Steel Industry

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

* The bar in red indicates where POSCO-Thainox PCL's Interest Coverage falls into.


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POSCO-Thainox 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.

POSCO-Thainox PCL's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, POSCO-Thainox PCL's Interest Expense was ฿-2 Mil. Its Operating Income was ฿292 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿12 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*292.215/-1.827
=159.94

POSCO-Thainox PCL's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, POSCO-Thainox PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿-6 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿10 Mil.

POSCO-Thainox 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.


POSCO-Thainox PCL  (BKK:INOX) 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 .


POSCO-Thainox PCL Interest Coverage Related Terms

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


POSCO-Thainox PCL Business Description

Traded in Other Exchanges
N/A
Address
Number 622 Sukhumvit Road, Emporium Tower, Floor 15/6-8, Khlong Tan Subdistrict, Khlong Toei District, Bangkok, THA, 10110
POSCO-Thainox PCL is engaged in production and sales of cold-rolled stainless steel as raw material in the production of household appliances such as kitchenette, sinks, washing machines etc. including other industries. Its products portfolio includes Austenitic Stainless Steel and Ferritic Stainless Steel. The company's products are used in Automotive and Transportation Parts, Electrical Home Appliances, Kitchenware, Food Processing and Medical Equipment, Heavy Industry, Energy and Environment, and Architecture, Building and Construction industries.

POSCO-Thainox PCL Headlines

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