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World PCL (BKK:WORLD) Interest Coverage : 6.34 (As of Jun. 2024)


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What is World 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. World PCL's Operating Income for the three months ended in Jun. 2024 was ฿19.9 Mil. World PCL's Interest Expense for the three months ended in Jun. 2024 was ฿-3.1 Mil. World PCL's interest coverage for the quarter that ended in Jun. 2024 was 6.34. The higher the ratio, the stronger the company's financial strength is.

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

BKK:WORLD' s Interest Coverage Range Over the Past 10 Years
Min: 2.86   Med: 19.86   Max: No Debt
Current: 13.04


BKK:WORLD's Interest Coverage is not ranked
in the Real Estate industry.
Industry Median: 3.965 vs BKK:WORLD: 13.04

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


World PCL Interest Coverage Historical Data

The historical data trend for World 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.

World PCL Interest Coverage Chart

World PCL Annual Data
Trend May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.62 No Debt 30.55 2,300.14 19.86

World PCL Quarterly Data
Aug19 Nov19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 12.30 5.94 37.80 12.82 6.34

Competitive Comparison of World PCL's Interest Coverage

For the Real Estate - Development subindustry, World 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.


World PCL's Interest Coverage Distribution in the Real Estate Industry

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

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


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World 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.

World 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, World PCL's Interest Expense was ฿-3.0 Mil. Its Operating Income was ฿60.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿424.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*60.106/-3.027
=19.86

World PCL's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, World PCL's Interest Expense was ฿-3.1 Mil. Its Operating Income was ฿19.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿557.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*19.928/-3.143
=6.34

* 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.


World PCL  (BKK:WORLD) 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 .


World PCL Interest Coverage Related Terms

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


World PCL Business Description

Traded in Other Exchanges
N/A
Address
Hathai Rat Road, 4 Moo 11, Lat Sawai Sub-district, Lam Luk Ka District, Pathumthani, THA, 12150
World Corp PCL is engaged in investing in real estate development business. The company's products are divided into 4 categories: 1) Residential development projects for vacant land, houses, villas, condominiums, hotels for sale and rent, including providing management services for juristic persons or related to the development of residential projects. 2) Industrial estate development projects for vacant land, warehouses, factories, office buildings, commercial buildings for sale and rent, including trading and providing energy utilities related to industrial estates. 3) Construction business. 4) Hospital business and health care services, including the sale of equipment.

World PCL Headlines

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