Kaset Thai International Sugar PCL (BKK:KTIS) Interest Coverage : 0.19 (As of Sep. 2024)

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What is Kaset Thai International Sugar 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. Kaset Thai International Sugar PCL's Operating Income for the three months ended in Sep. 2024 was ฿11 Mil. Kaset Thai International Sugar PCL's Interest Expense for the three months ended in Sep. 2024 was ฿-58 Mil. Kaset Thai International Sugar PCL's interest coverage for the quarter that ended in Sep. 2024 was 0.19. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kaset Thai International Sugar PCL's Interest Coverage or its related term are showing as below:

BKK:KTIS' s Interest Coverage Range Over the Past 10 Years
Min: 0.18 Med: 2.23 Max: 6.16
Current: 1.47

BKK:KTIS's Interest Coverage is ranked worse than
87.18% of 1435 companies
in the Consumer Packaged Goods industry
Industry Median: 8.26 vs BKK:KTIS: 1.47

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

Kaset Thai International Sugar PCL Interest Coverage Historical Data

The historical data trend for Kaset Thai International Sugar 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.

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Kaset Thai International Sugar PCL Interest Coverage Chart

Kaset Thai International Sugar PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Interest Coverage

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2.45

1.05

6.16

1.73

Kaset Thai International Sugar PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															2.56	-	7.91	4.72	0.19

Competitive Comparison of Kaset Thai International Sugar PCL's Interest Coverage

For the Confectioners subindustry, Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kaset Thai International Sugar PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kaset Thai International Sugar PCL's Interest Coverage falls into.

Kaset Thai International Sugar 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.

Kaset Thai International Sugar PCL's Interest Coverage for the fiscal year that ended in Sep. 2024 is calculated as

Here, for the fiscal year that ended in Sep. 2024, Kaset Thai International Sugar PCL's Interest Expense was ฿-265 Mil. Its Operating Income was ฿460 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,099 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Sep. 2024 )	/	Interest Expense (A: Sep. 2024 )
	=	-1	*	459.872	/	-265.469
	=	1.73

Kaset Thai International Sugar PCL's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Kaset Thai International Sugar PCL's Interest Expense was ฿-58 Mil. Its Operating Income was ฿11 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,099 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	11.009	/	-58.223
	=	0.19

The higher the ratio, the stronger the company's Financial Strength is.

Kaset Thai International Sugar PCL (BKK:KTIS) 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 .

Kaset Thai International Sugar PCL Interest Coverage Related Terms

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

Kaset Thai International Sugar PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kaset Thai International Sugar Corp PCL (BKK:KTIS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

1/1 Moo 14, Nong Pho Sub-District, Taklee District, Nakhon Sawan, THA, 60140

Website

https://www.ktisgroup.com

Kaset Thai International Sugar Corp PCL is principally engaged in the manufacturing and distribution of sugar, which is sold both domestically and overseas. The company's product portfolio includes sugar and bio-products. The bio-products are by-products of sugar production and include paper pulp from bagasse, ethanol from molasses, and electrical energy from biomass. It also provides agricultural machinery services for farmers. The company's reportable segments are; the production and distribution of sugar; the production and distribution of pulp; the production and distribution of alcohol; and the production and distribution of electricity. It derives a majority of its revenue from the production and distribution of the sugar segment.

Kaset Thai International Sugar PCL Headlines

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