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Trc Construction PCL (BKK:TRC) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Trc Construction 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. Trc Construction PCL's Operating Income for the three months ended in Mar. 2024 was ฿-140 Mil. Trc Construction PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-17 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 Trc Construction PCL's Interest Coverage or its related term are showing as below:


BKK:TRC's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.15
* 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.


Trc Construction PCL Interest Coverage Historical Data

The historical data trend for Trc Construction 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.

Trc Construction PCL Interest Coverage Chart

Trc Construction PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Trc Construction PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.40 - 0.15 - -

Competitive Comparison of Trc Construction PCL's Interest Coverage

For the Engineering & Construction subindustry, Trc Construction 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.


Trc Construction PCL's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trc Construction PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Trc Construction PCL's Interest Coverage falls into.



Trc Construction 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.

Trc Construction PCL's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Trc Construction PCL's Interest Expense was ฿-68 Mil. Its Operating Income was ฿-327 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿13 Mil.

Trc Construction PCL did not have earnings to cover the interest expense.

Trc Construction PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Trc Construction PCL's Interest Expense was ฿-17 Mil. Its Operating Income was ฿-140 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿138 Mil.

Trc Construction 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.


Trc Construction PCL  (BKK:TRC) 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 .


Trc Construction PCL Interest Coverage Related Terms

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Trc Construction PCL (BKK:TRC) Business Description

Traded in Other Exchanges
N/A
Address
Number 8, Soi Sukhapiban 5 soi 32, Kwang Tha Raeng, Khet Bang Khen, Bangkok, THA, 10220
Trc Construction PCL is engaged in the construction business. It offers engineering design, procurement, construction, project management and maintenance services. Business activity of the group functions through various segments which include Pipeline System Construction segment, Civil Work Construction segment, Engineering System installation and factory construction for energy and petrochemical business segment, and Sales and Other Services. Its geographical reach includes Thailand and the Sultanate of Oman and it earns through Construction Services income, interest income, and other income.