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Thai Rubber Latex Group PCL (BKK:TRUBB) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Thai Rubber Latex Group 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. Thai Rubber Latex Group PCL's Operating Income for the three months ended in Sep. 2024 was ฿-36 Mil. Thai Rubber Latex Group PCL's Interest Expense for the three months ended in Sep. 2024 was ฿-64 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 Thai Rubber Latex Group PCL's Interest Coverage or its related term are showing as below:


BKK:TRUBB's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.975
* 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.


Thai Rubber Latex Group PCL Interest Coverage Historical Data

The historical data trend for Thai Rubber Latex Group 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.

Thai Rubber Latex Group PCL Interest Coverage Chart

Thai Rubber Latex Group 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 - - 4.81 3.31 -

Thai Rubber Latex Group PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 0.39 -

Competitive Comparison of Thai Rubber Latex Group PCL's Interest Coverage

For the Specialty Chemicals subindustry, Thai Rubber Latex Group 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.


Thai Rubber Latex Group PCL's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Thai Rubber Latex Group PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thai Rubber Latex Group PCL's Interest Coverage falls into.



Thai Rubber Latex Group 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.

Thai Rubber Latex Group 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, Thai Rubber Latex Group PCL's Interest Expense was ฿-197 Mil. Its Operating Income was ฿-228 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿617 Mil.

Thai Rubber Latex Group PCL did not have earnings to cover the interest expense.

Thai Rubber Latex Group PCL's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Thai Rubber Latex Group PCL's Interest Expense was ฿-64 Mil. Its Operating Income was ฿-36 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿573 Mil.

Thai Rubber Latex Group 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.


Thai Rubber Latex Group PCL  (BKK:TRUBB) 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 .


Thai Rubber Latex Group PCL Interest Coverage Related Terms

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


Thai Rubber Latex Group PCL Business Description

Traded in Other Exchanges
Address
Number 99/1-3 Moo 13, Bangna-Trad Road, K.M. 7, Tambol Bangkaew, Amphur Bangplee, Samutprakarn, THA, 10540
Thai Rubber Latex Group PCL is engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which are the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress and rubber gloves. The company operates in Concentrated and pre-vulcanized latex; Latex products; and Plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea and other countries of which key revenue is derived from Thailand.

Thai Rubber Latex Group PCL Headlines

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