MPJ Logistics PCL (BKK:MPJ) Interest Coverage: 4.37 (As of Mar. 2026) — 16% Above Median


BKK:MPJ MPJ Logistics PCL BKK:MPJ
13 GF Score
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What is MPJ Logistics PCL Interest Coverage?

MPJ Logistics PCL BKK:MPJ +0.56% 13 Interest Coverage is 4.37 as of Mar. 2026, which is 16% above its 10-year median of 3.78. GuruFocus rates BKK:MPJ with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 838 Transportation companies, MPJ Logistics PCL ranks worse than 56.68% 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. MPJ Logistics PCL's Operating Income for the three months ended in Mar. 2026 was ฿26 Mil. MPJ Logistics PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-6 Mil. MPJ Logistics PCL's interest coverage for the quarter that ended in Mar. 2026 was 4.37. The higher the ratio, the stronger the company's financial strength is.

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

BKK:MPJ' s Interest Coverage Range Over the Past 10 Years
Min: 1.48   Med: 3.78   Max: 4.94
Current: 4.6


BKK:MPJ's Interest Coverage is ranked worse than
56.68% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs BKK:MPJ: 4.60

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


MPJ Logistics PCL  (BKK:MPJ) 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 .


MPJ Logistics PCL Interest Coverage Related Terms


MPJ Logistics PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for MPJ Logistics 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.

MPJ Logistics PCL Interest Coverage Chart

MPJ Logistics PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
1.48 3.78 4.09 3.08 4.94

MPJ Logistics PCL Quarterly Data
Dec21 Dec22 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 5.66 6.36 5.46 2.46 4.37

BKK:MPJ vs FDX, UPS, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, MPJ Logistics 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.


MPJ Logistics PCL Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, MPJ Logistics PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MPJ Logistics PCL's Interest Coverage falls into.


BKK:MPJ
13GF Score
MPJ Logistics PCL BKK:MPJ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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MPJ Logistics 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.

MPJ Logistics 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, MPJ Logistics PCL's Interest Expense was ฿-20 Mil. Its Operating Income was ฿98 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿466 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*97.954/-19.821
=4.94

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

Here, for the three months ended in Mar. 2026, MPJ Logistics PCL's Interest Expense was ฿-6 Mil. Its Operating Income was ฿26 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿567 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*26.055/-5.969
=4.37

* 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 4.37 mean?
MPJ Logistics PCL (BKK:MPJ) has a Interest Coverage of 4.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MPJ Logistics PCL and its competitors. This is 16% above median its historical median of 3.78. Over the past decade, MPJ Logistics PCL's Interest Coverage has ranged from 1.48 to 4.94. According to the industry distribution chart, MPJ Logistics PCL ranks #475 out of 838 companies in the Transportation industry, placing it in the top 56.7%.
Is MPJ Logistics PCL's Interest Coverage too high?
MPJ Logistics PCL's current Interest Coverage of 4.37 is 16% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 4.94. The Transportation industry median Interest Coverage is 5.72. MPJ Logistics PCL's value of 4.37 is 23.6% below this industry median. Based on the distribution chart, MPJ Logistics PCL ranks #475 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, MPJ Logistics PCL has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does MPJ Logistics PCL's Interest Coverage compare to FDX and UPS?
According to the Transportation industry distribution chart, MPJ Logistics PCL ranks #475 out of 838 companies for Interest Coverage. This places MPJ Logistics PCL in the lower half of its industry. The industry median Interest Coverage is 5.72. MPJ Logistics PCL's value of 4.37 is 23.6% below this benchmark. Historically, MPJ Logistics PCL's own Interest Coverage has ranged from 1.48 to 4.94 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 5.72, MPJ Logistics 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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. MPJ Logistics PCL's current Interest Coverage of 4.37 is 23.6% 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 MPJ Logistics PCL and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MPJ Logistics PCL's current Interest Coverage is 4.37, which is 16% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPJ Logistics PCL stock overvalued right now?
MPJ Logistics PCL (BKK:MPJ) has a current Interest Coverage of 4.37. The current Interest Coverage is 4.37, which is 16% above median its 10-year median of 3.78 and 23.6% below the Transportation industry median of 5.72. MPJ Logistics PCL's overall GF Score™ is 13/100 with 2 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 MPJ Logistics PCL (BKK:MPJ), the current Interest Coverage is 4.37 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.

MPJ Logistics PCL Business Description

Address Nong Kham, 244 Moo 5, Sriracha District, Chonburi, THA, 20230
MPJ Logistics PCL is a Thailand-based company. The core business of the company and its subsidiaries is inland transportation and delivery service, provide freight forwarder services, provide container yard services and related services, warehouse rental. The company's segment include Transportation services business, Container depot services business, Warehouse rental business, and Freight forwarder services business. It derives revenue from Transportation services business segment.
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