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Samchai Steel Industries PCL (BKK:SAM) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Samchai Steel Industries 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. Samchai Steel Industries PCL's Operating Income for the three months ended in Mar. 2025 was ฿-30 Mil. Samchai Steel Industries PCL's Interest Expense for the three months ended in Mar. 2025 was ฿-15 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 Samchai Steel Industries PCL's Interest Coverage or its related term are showing as below:

BKK:SAM' s Interest Coverage Range Over the Past 10 Years
Min: 0.07   Med: 2.56   Max: 5.62
Current: 0.63


BKK:SAM's Interest Coverage is ranked worse than
93.5% of 446 companies
in the Steel industry
Industry Median: 5.285 vs BKK:SAM: 0.63

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


Samchai Steel Industries PCL Interest Coverage Historical Data

The historical data trend for Samchai Steel Industries 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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Samchai Steel Industries PCL Interest Coverage Chart

Samchai Steel Industries PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.62 2.93 - -

Samchai Steel Industries PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.01 0.77 1.46 -

Competitive Comparison of Samchai Steel Industries PCL's Interest Coverage

For the Steel subindustry, Samchai Steel Industries 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.


Samchai Steel Industries PCL's Interest Coverage Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Samchai Steel Industries PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Samchai Steel Industries PCL's Interest Coverage falls into.


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Samchai Steel Industries 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.

Samchai Steel Industries 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, Samchai Steel Industries PCL's Interest Expense was ฿-67 Mil. Its Operating Income was ฿-26 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Samchai Steel Industries PCL did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Samchai Steel Industries PCL's Interest Expense was ฿-15 Mil. Its Operating Income was ฿-30 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0 Mil.

Samchai Steel Industries 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.


Samchai Steel Industries PCL  (BKK:SAM) 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 .


Samchai Steel Industries PCL Interest Coverage Related Terms

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


Samchai Steel Industries PCL Business Description

Traded in Other Exchanges
N/A
Address
Ekkachai Road, 75/14, 75/17, 85 Soi Wat Sopanaram, Tumbol Kokkham, Amphur Muang, Samutsakorn, THA, 74000
Samchai Steel Industries PCL is a Thailand-based manufacturer of steel pipes and tubes. The company's products include black steel pipes, galvanized steel pipes, structural steel pipes, furniture pipes, and hot-rolled steel plates and sheets. Its products are mainly used in the construction and furniture industries. Geographically, it operates in both domestic and overseas markets. The company generates a majority of its revenue from the domestic market.