Prima Marine PCL (BKK:PRM) Interest Coverage: 7.11 (As of Mar. 2026) — Near Median


BKK:PRM Prima Marine PCL BKK:PRM
95 GF Score
Price ฿9.05
GF Value ฿7.85
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Prima Marine PCL Interest Coverage?

Prima Marine PCL BKK:PRM +0.56% 95 Interest Coverage is 7.11 as of Mar. 2026, which is 5% above its 10-year median of 6.76. GuruFocus rates BKK:PRM with a GF Score™ of 95/100 and a GF Value™ of ฿7.85 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 728 Oil & Gas companies, Prima Marine PCL ranks better than 54.67% 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. Prima Marine PCL's Operating Income for the three months ended in Mar. 2026 was ฿545 Mil. Prima Marine PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-77 Mil. Prima Marine PCL's interest coverage for the quarter that ended in Mar. 2026 was 7.11. The higher the ratio, the stronger the company's financial strength is.

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

BKK:PRM' s Interest Coverage Range Over the Past 10 Years
Min: 4.16   Med: 6.76   Max: 9.47
Current: 7.11


BKK:PRM's Interest Coverage is ranked better than
54.67% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs BKK:PRM: 7.11

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


Prima Marine PCL  (BKK:PRM) 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 .


Prima Marine PCL Interest Coverage Related Terms


Prima Marine PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Prima 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.

Prima Marine PCL Interest Coverage Chart

Prima Marine 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 5.29 6.79 7.27 8.10 7.37

Prima Marine 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 7.76 7.04 7.96 6.27 7.11

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

For the Oil & Gas Midstream subindustry, Prima 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.


Prima Marine PCL Interest Coverage vs Oil & Gas Industry

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

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


BKK:PRM
95GF Score
Prima Marine PCL BKK:PRM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Prima 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.

Prima 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, Prima Marine PCL's Interest Expense was ฿-359 Mil. Its Operating Income was ฿2,646 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿6,495 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2646.329/-359.044
=7.37

Prima 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, Prima Marine PCL's Interest Expense was ฿-77 Mil. Its Operating Income was ฿545 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿6,733 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*544.959/-76.672
=7.11

* 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 7.11 mean?
Prima Marine PCL (BKK:PRM) has a Interest Coverage of 7.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Prima Marine PCL and its competitors. This is near median its historical median of 6.76. Over the past decade, Prima Marine PCL's Interest Coverage has ranged from 4.16 to 9.47. According to the industry distribution chart, Prima Marine PCL ranks #330 out of 728 companies in the Oil & Gas industry, placing it in the top 45.3%.
Is Prima Marine PCL's Interest Coverage too high?
Prima Marine PCL's current Interest Coverage of 7.11 is near median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 9.47. The Oil & Gas industry median Interest Coverage is 5.84. Prima Marine PCL's value of 7.11 is 21.7% above this industry median. Based on the distribution chart, Prima Marine PCL ranks #330 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Prima Marine PCL has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prima Marine PCL's Interest Coverage compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Prima Marine PCL ranks #330 out of 728 companies for Interest Coverage. This puts Prima Marine PCL in the upper half of its industry. The industry median Interest Coverage is 5.84. Prima Marine PCL's value of 7.11 is 21.7% above this benchmark. Historically, Prima Marine PCL's own Interest Coverage has ranged from 4.16 to 9.47 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 5.84, Prima Marine PCL has consistently been above 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. Prima Marine PCL's current Interest Coverage of 7.11 is 21.7% above 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 Prima 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. Prima Marine PCL's current Interest Coverage is 7.11, which is near median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prima Marine PCL stock overvalued right now?
Based on GuruFocus' analysis, Prima Marine PCL (BKK:PRM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿7.85, compared to a current price of ฿9.05 — trading 15.3% above its estimated fair value. The current Interest Coverage is 7.11, which is near median its 10-year median of 6.76 and 21.7% above the Oil & Gas industry median of 5.84. Prima Marine PCL's overall GF Score™ is 95/100 with 8 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 Prima Marine PCL (BKK:PRM), the current Interest Coverage is 7.11 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 Prima Marine PCL (BKK:PRM) Overvalued in 2026?

Based on GuruFocus' analysis, Prima Marine PCL stock appears to be overvalued. The current stock price of ฿9.05 is trading 15.3% above its estimated GF Value™ of ฿7.85. GuruFocus considers Prima Marine PCL to be Modestly Overvalued.

Key valuation signals for BKK:PRM:

  • Interest Coverage: 7.11 (near median its 10-year median of 6.76)
  • GF Value™: ฿7.85 vs. price of ฿9.05 (15.3% above fair value)
  • GF Score™: 95/100 with 8 warning signs
  • Industry Position: 21.7% above the Oil & Gas median (#330 of 728)

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


Prima Marine PCL Business Description

Industry EnergyOil & Gas
Other Exchanges PRM-F:Thailand
Address 80 Soi Bangna-Trad 30, Debaratna Road, South Bangna Sub-district, Bangna District, Bangkok, THA, 10260
Prima Marine PCL is engaged in the marine transportation of petroleum and chemical products and in providing services that support offshore petroleum exploration and production, along with ship management. The company operates through four segments: marine transportation of petroleum and chemical products; storage of petroleum products; services supporting offshore exploration and production, including transportation of personnel and equipment and accommodation work barges; and ship management and related services such as ship agency, crew recruitment and transportation, operational support, business administration, procurement, marketing, financial consulting, and technical support. The company generates the majority of its revenue from Thailand.
95GF Score

Get the complete analysis for BKK:PRM

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

฿9.05
Price
฿7.85
GF Value