POSCO-Thainox PCL (BKK:INOX) Interest Coverage: 178.86 (As of Mar. 2026) — 12% Above Median


BKK:INOX POSCO-Thainox PCL BKK:INOX
67 GF Score
Price ฿4.14
GF Value ฿4.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is POSCO-Thainox PCL Interest Coverage?

POSCO-Thainox PCL BKK:INOX +0.49% 67 Interest Coverage is 178.86 as of Mar. 2026, which is 12% above its 10-year median of 159.94. GuruFocus rates BKK:INOX with a GF Score™ of 67/100 and a GF Value™ of ฿4.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 456 Steel companies, POSCO-Thainox PCL ranks better than 85.31% 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. POSCO-Thainox PCL's Operating Income for the three months ended in Mar. 2026 was ฿69 Mil. POSCO-Thainox PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-0 Mil. POSCO-Thainox PCL's interest coverage for the quarter that ended in Mar. 2026 was 178.86. 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: 12.26   Med: 159.94   Max: 2801.03
Current: 55.74


BKK:INOX's Interest Coverage is ranked better than
85.31% of 456 companies
in the Steel industry
Industry Median: 4.445 vs BKK:INOX: 55.74

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  (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


POSCO-Thainox PCL Interest Coverage Historical Data

* Premium members only.

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.

POSCO-Thainox PCL Interest Coverage Chart

POSCO-Thainox 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 483.17 17.50 0.00 159.94 12.26

POSCO-Thainox 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 0.00 117.70 44.78 0.00 178.86

BKK:INOX vs NUE, STLD, RS: Interest Coverage Comparison

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 Interest Coverage vs 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.


BKK:INOX
67GF Score
POSCO-Thainox PCL BKK:INOX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, POSCO-Thainox PCL's Interest Expense was ฿-2 Mil. Its Operating Income was ฿22 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*21.708/-1.77
=12.26

POSCO-Thainox PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, POSCO-Thainox PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿69 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿14 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*68.503/-0.383
=178.86

* 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 178.86 mean?
POSCO-Thainox PCL (BKK:INOX) has a Interest Coverage of 178.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on POSCO-Thainox PCL and its competitors. This is 12% above median its historical median of 159.94. Over the past decade, POSCO-Thainox PCL's Interest Coverage has ranged from 12.26 to 2,801.03. According to the industry distribution chart, POSCO-Thainox PCL ranks #67 out of 456 companies in the Steel industry, placing it in the top 14.7%.
Is POSCO-Thainox PCL's Interest Coverage too high?
POSCO-Thainox PCL's current Interest Coverage of 178.86 is 12% above median its 10-year median of 159.94. Over the past 10 years, this metric has ranged from a low of 12.26 to a high of 2,801.03. The Steel industry median Interest Coverage is 4.45. POSCO-Thainox PCL's value of 178.86 is 3923.8% above this industry median. Based on the distribution chart, POSCO-Thainox PCL ranks #67 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, POSCO-Thainox PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does POSCO-Thainox PCL's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, POSCO-Thainox PCL ranks #67 out of 456 companies for Interest Coverage. This places POSCO-Thainox PCL in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. POSCO-Thainox PCL's value of 178.86 is 3923.8% above this benchmark. Historically, POSCO-Thainox PCL's own Interest Coverage has ranged from 12.26 to 2,801.03 over the past decade. While the company's 10-year median is 159.94 vs. the industry median of 4.45, POSCO-Thainox PCL has consistently been above the industry average. 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 4.45, based on 456 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. POSCO-Thainox PCL's current Interest Coverage of 178.86 is 3923.8% above the industry median. 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 POSCO-Thainox PCL and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. POSCO-Thainox PCL's current Interest Coverage is 178.86, which is 12% above median its own 10-year median of 159.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is POSCO-Thainox PCL stock overvalued right now?
Based on GuruFocus' analysis, POSCO-Thainox PCL (BKK:INOX) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.14, compared to a current price of ฿4.14 — trading right at its estimated fair value. The current Interest Coverage is 178.86, which is 12% above median its 10-year median of 159.94 and 3923.8% above the Steel industry median of 4.45. POSCO-Thainox PCL's overall GF Score™ is 67/100 with 4 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 POSCO-Thainox PCL (BKK:INOX), the current Interest Coverage is 178.86 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 POSCO-Thainox PCL (BKK:INOX) Overvalued in 2026?

Based on GuruFocus' analysis, POSCO-Thainox PCL stock appears to be undervalued. The current stock price of ฿4.14 is trading 0% below its estimated GF Value™ of ฿4.14. GuruFocus considers POSCO-Thainox PCL to be Fairly Valued.

Key valuation signals for BKK:INOX:

  • Interest Coverage: 178.86 (12% above median its 10-year median of 159.94)
  • GF Value™: ฿4.14 vs. price of ฿4.14 (0% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 3923.8% above the Steel median (#67 of 456)

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


POSCO-Thainox PCL Business Description

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.
67GF Score

Get the complete analysis for BKK:INOX

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

฿4.14
Price
฿4.14
GF Value