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Raimon Land PCL (BKK:RML) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Raimon Land 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. Raimon Land PCL's Operating Income for the three months ended in Dec. 2024 was ฿-101.6 Mil. Raimon Land PCL's Interest Expense for the three months ended in Dec. 2024 was ฿-97.9 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


BKK:RML's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.98
* Ranked among companies with meaningful Interest Coverage only.

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


Raimon Land PCL Interest Coverage Historical Data

The historical data trend for Raimon Land 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.

* Premium members only.

Raimon Land PCL Interest Coverage Chart

Raimon Land PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Raimon Land PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Raimon Land PCL's Interest Coverage

For the Real Estate - Development subindustry, Raimon Land 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.


Raimon Land PCL's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Raimon Land PCL's Interest Coverage distribution charts can be found below:

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


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Raimon Land 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.

Raimon Land 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, Raimon Land PCL's Interest Expense was ฿-344.1 Mil. Its Operating Income was ฿-366.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿606.4 Mil.

Raimon Land PCL did not have earnings to cover the interest expense.

Raimon Land PCL's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Raimon Land PCL's Interest Expense was ฿-97.9 Mil. Its Operating Income was ฿-101.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿606.4 Mil.

Raimon Land PCL did not have earnings to cover the interest expense.

* 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.


Raimon Land PCL  (BKK:RML) 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 .


Raimon Land PCL Interest Coverage Related Terms

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Raimon Land PCL Business Description

Traded in Other Exchanges
Address
Ploenchit Road, 548 One City Centre Building, 54th Floor, Lumphini, Pathum Wan, Bangkok, THA, 10330
Raimon Land PCL is a Thailand-based developer of luxury and ultra-luxury real estate Company. The Company's principal activities include real estate development for sale, including acquiring or investing in other companies; developing and/or occupying real estate for rent; providing project management services to residents and/or investors, and providing brokerage services for residential units, and other businesses such as, food and beverages. It also provides construction management services. Its projects include The Lofts Sathorn, The Lakes Condominium, The Legend Saladaeng, Northshore Condominium, Kata Gardens and others.

Raimon Land PCL Headlines

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