Star Petroleum Refining PCL (BKK:SPRC-R) Interest Coverage: 181.63 (As of Jun. 2026) — 496% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:SPRC-R Star Petroleum Refining PCL BKK:SPRC-R
66 GF Score
Price ฿12.80
GF Value ฿6.40
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Star Petroleum Refining PCL Interest Coverage?

Star Petroleum Refining PCL BKK:SPRC-R +1.22% 66 Interest Coverage is 181.63 as of Jun. 2026, which is 496% above its 10-year median of 30.47. GuruFocus rates BKK:SPRC-R with a GF Score™ of 66/100 and a GF Value™ of ฿6.40 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 748 Oil & Gas companies, Star Petroleum Refining PCL ranks better than 85.03% 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. Star Petroleum Refining PCL's Operating Income for the three months ended in Jun. 2026 was ฿8,575 Mil. Star Petroleum Refining PCL's Interest Expense for the three months ended in Jun. 2026 was ฿-47 Mil. Star Petroleum Refining PCL's interest coverage for the quarter that ended in Jun. 2026 was 181.63. The higher the ratio, the stronger the company's financial strength is.

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

BKK:SPRC-R' s Interest Coverage Range Over the Past 10 Years
Min: 3.46   Med: 30.47   Max: 110.7
Current: 97.63


BKK:SPRC-R's Interest Coverage is ranked better than
85.03% of 748 companies
in the Oil & Gas industry
Industry Median: 6.375 vs BKK:SPRC-R: 97.63

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


Star Petroleum Refining PCL  (BKK:SPRC-R) 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 .


Star Petroleum Refining PCL Interest Coverage Related Terms


Star Petroleum Refining PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Star Petroleum Refining 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.

Star Petroleum Refining PCL Interest Coverage Chart

Star Petroleum Refining 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 28.97 30.47 0.00 3.46 9.18

Star Petroleum Refining PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 30.24 19.89 199.22 181.63

BKK:SPRC-R vs MPC, VLO, PSX: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, Star Petroleum Refining 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.


Star Petroleum Refining PCL Interest Coverage vs Oil & Gas Industry

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

* The bar in red indicates where Star Petroleum Refining PCL's Interest Coverage falls into.


BKK:SPRC-R
66GF Score
Star Petroleum Refining PCL BKK:SPRC-R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Petroleum Refining 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.

Star Petroleum Refining 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, Star Petroleum Refining PCL's Interest Expense was ฿-258 Mil. Its Operating Income was ฿2,366 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿3,754 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2366.259/-257.867
=9.18

Star Petroleum Refining PCL's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Star Petroleum Refining PCL's Interest Expense was ฿-47 Mil. Its Operating Income was ฿8,575 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,892 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*8574.578/-47.209
=181.63

* 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 181.63 mean?
Star Petroleum Refining PCL (BKK:SPRC-R) has a Interest Coverage of 181.63 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Star Petroleum Refining PCL and its competitors. This is 496% above median its historical median of 30.47. Over the past decade, Star Petroleum Refining PCL's Interest Coverage has ranged from 3.46 to 110.70. According to the industry distribution chart, Star Petroleum Refining PCL ranks #112 out of 748 companies in the Oil & Gas industry, placing it in the top 15%.
Is Star Petroleum Refining PCL's Interest Coverage too high?
Star Petroleum Refining PCL's current Interest Coverage of 181.63 is 496% above median its 10-year median of 30.47. Over the past 10 years, this metric has ranged from a low of 3.46 to a high of 110.70. The Oil & Gas industry median Interest Coverage is 6.38. Star Petroleum Refining PCL's value of 181.63 is 2749.1% above this industry median. Based on the distribution chart, Star Petroleum Refining PCL ranks #112 out of 748 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Star Petroleum Refining PCL has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Petroleum Refining PCL's Interest Coverage compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Star Petroleum Refining PCL ranks #112 out of 748 companies for Interest Coverage. This places Star Petroleum Refining PCL in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.38. Star Petroleum Refining PCL's value of 181.63 is 2749.1% above this benchmark. Historically, Star Petroleum Refining PCL's own Interest Coverage has ranged from 3.46 to 110.70 over the past decade. While the company's 10-year median is 30.47 vs. the industry median of 6.38, Star Petroleum Refining 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 6.38, based on 748 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. Star Petroleum Refining PCL's current Interest Coverage of 181.63 is 2749.1% 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 Star Petroleum Refining PCL and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Petroleum Refining PCL's current Interest Coverage is 181.63, which is 496% above median its own 10-year median of 30.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Petroleum Refining PCL stock overvalued right now?
Based on GuruFocus' analysis, Star Petroleum Refining PCL (BKK:SPRC-R) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿6.40, compared to a current price of ฿12.80 — trading 100% above its estimated fair value. The current Interest Coverage is 181.63, which is 496% above median its 10-year median of 30.47 and 2749.1% above the Oil & Gas industry median of 6.38. Star Petroleum Refining PCL's overall GF Score™ is 66/100 with 5 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 Star Petroleum Refining PCL (BKK:SPRC-R), the current Interest Coverage is 181.63 as of Jun. 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 Star Petroleum Refining PCL (BKK:SPRC-R) Overvalued in 2026?

Based on GuruFocus' analysis, Star Petroleum Refining PCL stock appears to be overvalued. The current stock price of ฿12.80 is trading 100% above its estimated GF Value™ of ฿6.40. GuruFocus considers Star Petroleum Refining PCL to be Significantly Overvalued.

Key valuation signals for BKK:SPRC-R:

  • Interest Coverage: 181.63 (496% above median its 10-year median of 30.47)
  • GF Value™: ฿6.40 vs. price of ฿12.80 (100% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 2749.1% above the Oil & Gas median (#112 of 748)

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


Star Petroleum Refining PCL Business Description

Industry EnergyOil & Gas
Other Exchanges SPRC:Thailand
Address No.1, I-3B Road, Tambol Map Ta Phut, Amphur Muang Rayong, Rayong, THA, 21150
Star Petroleum Refining PCL operates petroleum refinery in Thailand. The company produces multiple petroleum products such as Liquefied Petroleum Gas, gasoline, jet fuel, diesel, fuel oil, asphalt, and others. Geographically the majority of its sales are conducted in Thailand. However, the company also produces petroleum products for international markets.
66GF Score

Get the complete analysis for BKK:SPRC-R

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

฿12.80
Price
฿6.40
GF Value