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Precise PCL (BKK:PCC) Interest Coverage : 12.60 (As of Mar. 2025)


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What is Precise 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. Precise PCL's Operating Income for the three months ended in Mar. 2025 was ฿138 Mil. Precise PCL's Interest Expense for the three months ended in Mar. 2025 was ฿-11 Mil. Precise PCL's interest coverage for the quarter that ended in Mar. 2025 was 12.60. The higher the ratio, the stronger the company's financial strength is.

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

BKK:PCC' s Interest Coverage Range Over the Past 10 Years
Min: 5.11   Med: 6.02   Max: 9.29
Current: 9.29


BKK:PCC's Interest Coverage is ranked better than
62.91% of 426 companies
in the Conglomerates industry
Industry Median: 5.065 vs BKK:PCC: 9.29

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


Precise PCL Interest Coverage Historical Data

The historical data trend for Precise 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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Precise PCL Interest Coverage Chart

Precise PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
5.11 5.21 6.02 6.39 8.09

Precise PCL Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.15 7.29 9.22 8.95 12.60

Competitive Comparison of Precise PCL's Interest Coverage

For the Conglomerates subindustry, Precise 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.


Precise PCL's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Precise PCL's Interest Coverage distribution charts can be found below:

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


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Precise 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.

Precise PCL's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Precise PCL's Interest Expense was ฿-59 Mil. Its Operating Income was ฿481 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿148 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*481.233/-59.484
=8.09

Precise PCL's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Precise PCL's Interest Expense was ฿-11 Mil. Its Operating Income was ฿138 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿150 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*138.021/-10.958
=12.60

* 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.


Precise PCL  (BKK:PCC) 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 .


Precise PCL Interest Coverage Related Terms

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


Precise PCL Business Description

Traded in Other Exchanges
N/A
Address
No. 1842, Krung Thep-Nonthaburi Road, Wongsawang, Bang Sue, Bangkok, THA, 10800
Precise Corp PCL is an investment holding company. The company's segments include Production and distribution of electricity transmission equipment, project management, services and maintenance in low and high voltage of power industries and power utility management; Power station construction, transmission lines, high voltage substations, manufacturing, installation, control and intelligent electricity; Energy investment, production and distribution of electricity from renewable energy, and other related business; Design software management system, platform and information system for enterprise Bio-circular-green economy and Import and export of electrical and electrical equipment and Bio-circular-green economy.

Precise PCL Headlines

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