Pilatus Marine PCL (BKK:PLT) Interest Coverage: 2.98 (As of Mar. 2026) — 18% Below Median


BKK:PLT Pilatus Marine PCL BKK:PLT
13 GF Score
Price ฿0.54
GF Value ฿0.91
Valuation Possible Value Trap
! 3 Warning Signs
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What is Pilatus Marine PCL Interest Coverage?

Pilatus Marine PCL BKK:PLT 13 Interest Coverage is 2.98 as of Mar. 2026, which is 18% below its 10-year median of 3.64. GuruFocus rates BKK:PLT with a GF Score™ of 13/100 and a GF Value™ of ฿0.91 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 728 Oil & Gas companies, Pilatus Marine PCL ranks worse than 63.87% 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. Pilatus Marine PCL's Operating Income for the three months ended in Mar. 2026 was ฿19 Mil. Pilatus Marine PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-6 Mil. Pilatus Marine PCL's interest coverage for the quarter that ended in Mar. 2026 was 2.98. The higher the ratio, the stronger the company's financial strength is.

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

BKK:PLT' s Interest Coverage Range Over the Past 10 Years
Min: 3.43   Med: 3.64   Max: 5.12
Current: 3.43


BKK:PLT's Interest Coverage is ranked worse than
63.87% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs BKK:PLT: 3.43

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


Pilatus Marine PCL  (BKK:PLT) 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 .


Pilatus Marine PCL Interest Coverage Related Terms


Pilatus Marine PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pilatus Marine 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.

Pilatus Marine PCL Interest Coverage Chart

Pilatus Marine PCL Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
3.64 5.12 4.09 3.49 3.55

Pilatus Marine PCL Quarterly Data
Dec21 Jun22 Sep22 Dec22 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 3.49 3.76 3.70 3.19 2.98

BKK:PLT vs WMB, EPD, KMI: Interest Coverage Comparison

For the Oil & Gas Midstream subindustry, Pilatus Marine 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.


Pilatus Marine PCL Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pilatus Marine PCL's Interest Coverage distribution charts can be found below:

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


BKK:PLT
13GF Score
Pilatus Marine PCL BKK:PLT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pilatus Marine 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.

Pilatus Marine 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, Pilatus Marine PCL's Interest Expense was ฿-31 Mil. Its Operating Income was ฿110 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿404 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*110.055/-31.044
=3.55

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

Here, for the three months ended in Mar. 2026, Pilatus Marine PCL's Interest Expense was ฿-6 Mil. Its Operating Income was ฿19 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿374 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*19.361/-6.494
=2.98

* 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 2.98 mean?
Pilatus Marine PCL (BKK:PLT) has a Interest Coverage of 2.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pilatus Marine PCL and its competitors. This is 18% below median its historical median of 3.64. Over the past decade, Pilatus Marine PCL's Interest Coverage has ranged from 3.43 to 5.12. According to the industry distribution chart, Pilatus Marine PCL ranks #465 out of 728 companies in the Oil & Gas industry, placing it in the top 63.9%.
Is Pilatus Marine PCL's Interest Coverage too high?
Pilatus Marine PCL's current Interest Coverage of 2.98 is 18% below median its 10-year median of 3.64. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 5.12. The Oil & Gas industry median Interest Coverage is 5.84. Pilatus Marine PCL's value of 2.98 is 49% below this industry median. Based on the distribution chart, Pilatus Marine PCL ranks #465 out of 728 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Pilatus Marine PCL has a GF Score™ of 13/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pilatus Marine PCL's Interest Coverage compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Pilatus Marine PCL ranks #465 out of 728 companies for Interest Coverage. This places Pilatus Marine PCL in the lower half of its industry. The industry median Interest Coverage is 5.84. Pilatus Marine PCL's value of 2.98 is 49% below this benchmark. Historically, Pilatus Marine PCL's own Interest Coverage has ranged from 3.43 to 5.12 over the past decade. While the company's 10-year median is 3.64 vs. the industry median of 5.84, Pilatus Marine 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 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. Pilatus Marine PCL's current Interest Coverage of 2.98 is 49% 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 Pilatus Marine PCL and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pilatus Marine PCL's current Interest Coverage is 2.98, which is 18% below median its own 10-year median of 3.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilatus Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.54 — trading 40.7% below its estimated fair value. The current Interest Coverage is 2.98, which is 18% below median its 10-year median of 3.64 and 49% below the Oil & Gas industry median of 5.84. Pilatus Marine PCL's overall GF Score™ is 13/100 with 3 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 Pilatus Marine PCL (BKK:PLT), the current Interest Coverage is 2.98 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued. The current stock price of ฿0.54 is trading 40.7% below its estimated GF Value™ of ฿0.91. GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.

Key valuation signals for BKK:PLT:

  • Interest Coverage: 2.98 (18% below median its 10-year median of 3.64)
  • GF Value™: ฿0.91 vs. price of ฿0.54 (40.7% below fair value)
  • GF Score™: 13/100 with 3 warning signs
  • Industry Position: 49% below the Oil & Gas median (#465 of 728)

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


Pilatus Marine PCL Business Description

Industry EnergyOil & Gas
Address At 84/1-4, Soi Phahon Yothin 37, Young Place Grand Le Jardin Building, 1st-4th Floors, Lat Yao, Chatuchak, Bangkok, THA, 10900
Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.
13GF Score

Get the complete analysis for BKK:PLT

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

฿0.54
Price
฿0.91
GF Value