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Miss Grand International PCL (BKK:MGI) Interest Coverage : 8,964.33 (As of Mar. 2024)


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What is Miss Grand International 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. Miss Grand International PCL's Operating Income for the three months ended in Mar. 2024 was ฿26.9 Mil. Miss Grand International PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0.0 Mil. Miss Grand International PCL's interest coverage for the quarter that ended in Mar. 2024 was 8,964.33. 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. Miss Grand International PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

BKK:MGI' s Interest Coverage Range Over the Past 10 Years
Min: 92.4   Med: 1305.83   Max: 9814.12
Current: 9814.12


BKK:MGI's Interest Coverage is ranked better than
92.3% of 623 companies
in the Media - Diversified industry
Industry Median: 11.55 vs BKK:MGI: 9814.12

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


Miss Grand International PCL Interest Coverage Historical Data

The historical data trend for Miss Grand International 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.

Miss Grand International PCL Interest Coverage Chart

Miss Grand International PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 1,152.73 5,545.30 425.68 1,458.92 7,090.95

Miss Grand International PCL Quarterly Data
Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,362.29 9,066.00 10,043.33 11,084.20 8,964.33

Competitive Comparison of Miss Grand International PCL's Interest Coverage

For the Entertainment subindustry, Miss Grand International 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.


Miss Grand International PCL's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Miss Grand International PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Miss Grand International PCL's Interest Coverage falls into.



Miss Grand International 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.

Miss Grand International PCL's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Miss Grand International PCL's Interest Expense was ฿-0.0 Mil. Its Operating Income was ฿148.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*148.91/-0.021
=7,090.95

Miss Grand International PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Miss Grand International PCL's Interest Expense was ฿-0.0 Mil. Its Operating Income was ฿26.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*26.893/-0.003
=8,964.33

* 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.


Miss Grand International PCL  (BKK:MGI) 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 .


Miss Grand International PCL Interest Coverage Related Terms

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


Miss Grand International PCL (BKK:MGI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1213/414 Soi Ladprao 94 (Panjamit), Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.

Miss Grand International PCL (BKK:MGI) Headlines

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