Mitsib Leasing PCL (BKK:MITSIB) Interest Coverage: 2.52 (As of Mar. 2026) — Near Median


BKK:MITSIB Mitsib Leasing PCL BKK:MITSIB
53 GF Score
Price ฿0.55
GF Value ฿0.42
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Mitsib Leasing PCL Interest Coverage?

Mitsib Leasing PCL BKK:MITSIB 53 Interest Coverage is 2.52 as of Mar. 2026, which is 2% above its 10-year median of 2.48. GuruFocus rates BKK:MITSIB with a GF Score™ of 53/100 and a GF Value™ of ฿0.42 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Mitsib Leasing PCL ranks worse than 77.88% 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. Mitsib Leasing PCL's Operating Income for the three months ended in Mar. 2026 was ฿28.1 Mil. Mitsib Leasing PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-11.1 Mil. Mitsib Leasing PCL's interest coverage for the quarter that ended in Mar. 2026 was 2.52. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mitsib Leasing PCL interest coverage is 2.53, which is low.

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

BKK:MITSIB' s Interest Coverage Range Over the Past 10 Years
Min: 1.45   Med: 2.48   Max: 4.62
Current: 2.53


BKK:MITSIB's Interest Coverage is ranked worse than
77.88% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.31 vs BKK:MITSIB: 2.53

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


Mitsib Leasing PCL  (BKK:MITSIB) 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 .


Mitsib Leasing PCL Interest Coverage Related Terms


Mitsib Leasing PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitsib Leasing 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.

Mitsib Leasing PCL Interest Coverage Chart

Mitsib Leasing 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 3.31 1.74 2.00 1.45 2.42

Mitsib Leasing 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 2.03 2.61 3.55 1.44 2.52

BKK:MITSIB vs CVNA, PAG, ALTB: Interest Coverage Comparison

For the Auto & Truck Dealerships subindustry, Mitsib Leasing 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.


Mitsib Leasing PCL Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsib Leasing PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitsib Leasing PCL's Interest Coverage falls into.


BKK:MITSIB
53GF Score
Mitsib Leasing PCL BKK:MITSIB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsib Leasing 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.

Mitsib Leasing 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, Mitsib Leasing PCL's Interest Expense was ฿-48.4 Mil. Its Operating Income was ฿117.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿127.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*116.98/-48.371
=2.42

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

Here, for the three months ended in Mar. 2026, Mitsib Leasing PCL's Interest Expense was ฿-11.1 Mil. Its Operating Income was ฿28.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿162.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*28.059/-11.145
=2.52

* 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 2.52 mean?
Mitsib Leasing PCL (BKK:MITSIB) has a Interest Coverage of 2.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitsib Leasing PCL and its competitors. This is near median its historical median of 2.48. Over the past decade, Mitsib Leasing PCL's Interest Coverage has ranged from 1.45 to 4.62. According to the industry distribution chart, Mitsib Leasing PCL ranks #831 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 77.9%.
Is Mitsib Leasing PCL's Interest Coverage too high?
Mitsib Leasing PCL's current Interest Coverage of 2.52 is near median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 4.62. The Vehicles & Parts industry median Interest Coverage is 8.31. Mitsib Leasing PCL's value of 2.52 is 69.7% below this industry median. Based on the distribution chart, Mitsib Leasing PCL ranks #831 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Mitsib Leasing PCL has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsib Leasing PCL's Interest Coverage compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Mitsib Leasing PCL ranks #831 out of 1067 companies for Interest Coverage. This places Mitsib Leasing PCL in the lower half of its industry. The industry median Interest Coverage is 8.31. Mitsib Leasing PCL's value of 2.52 is 69.7% below this benchmark. Historically, Mitsib Leasing PCL's own Interest Coverage has ranged from 1.45 to 4.62 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 8.31, Mitsib Leasing PCL has consistently been below 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. Mitsib Leasing PCL's current Interest Coverage of 2.52 is 69.7% below 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 Mitsib Leasing PCL and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsib Leasing PCL's current Interest Coverage is 2.52, which is near median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsib Leasing PCL stock overvalued right now?
Based on GuruFocus' analysis, Mitsib Leasing PCL (BKK:MITSIB) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.42, compared to a current price of ฿0.55 — trading 31% above its estimated fair value. The current Interest Coverage is 2.52, which is near median its 10-year median of 2.48 and 69.7% below the Vehicles & Parts industry median of 8.31. Mitsib Leasing PCL's overall GF Score™ is 53/100 with 7 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 Mitsib Leasing PCL (BKK:MITSIB), the current Interest Coverage is 2.52 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 Mitsib Leasing PCL (BKK:MITSIB) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsib Leasing PCL stock appears to be overvalued. The current stock price of ฿0.55 is trading 31% above its estimated GF Value™ of ฿0.42. GuruFocus considers Mitsib Leasing PCL to be Significantly Overvalued.

Key valuation signals for BKK:MITSIB:

  • Interest Coverage: 2.52 (near median its 10-year median of 2.48)
  • GF Value™: ฿0.42 vs. price of ฿0.55 (31% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 69.7% below the Vehicles & Parts median (#831 of 1067)

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


Mitsib Leasing PCL Business Description

Address 895-6, Moo 5, Srinakarin Road, Samrong Nua, Muang Samutprakan, Samut Prakan, Bangkok, THA, 10270
Mitsib Leasing PCL is engaged in hire-purchase. The principal activities of the company are sale of cars and providing maintenance services of public transportations and providing retail loan to customers. It operates in four main segments which are sale of car, hire-purchase, factoring and other lending in Thailand only. The majority of the revenue is derived from Sale of cars segment.
53GF Score

Get the complete analysis for BKK:MITSIB

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

฿0.55
Price
฿0.42
GF Value