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Yuasa Battery (Thailand) PCL (BKK:YUASA) Interest Coverage : 354.34 (As of Mar. 2024)


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What is Yuasa Battery (Thailand) 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. Yuasa Battery (Thailand) PCL's Operating Income for the three months ended in Mar. 2024 was ฿52 Mil. Yuasa Battery (Thailand) PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0 Mil. Yuasa Battery (Thailand) PCL's interest coverage for the quarter that ended in Mar. 2024 was 354.34. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yuasa Battery (Thailand) PCL has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Yuasa Battery (Thailand) PCL's Interest Coverage or its related term are showing as below:

BKK:YUASA' s Interest Coverage Range Over the Past 10 Years
Min: 9.34   Med: 210.09   Max: 437.55
Current: 262.05


BKK:YUASA's Interest Coverage is ranked better than
93.47% of 1041 companies
in the Vehicles & Parts industry
Industry Median: 7.73 vs BKK:YUASA: 262.05

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


Yuasa Battery (Thailand) PCL Interest Coverage Historical Data

The historical data trend for Yuasa Battery (Thailand) 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.

Yuasa Battery (Thailand) PCL Interest Coverage Chart

Yuasa Battery (Thailand) 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 437.55 241.10 140.54 157.20 214.74

Yuasa Battery (Thailand) 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 136.94 180.51 243.07 290.93 354.34

Competitive Comparison of Yuasa Battery (Thailand) PCL's Interest Coverage

For the Auto Parts subindustry, Yuasa Battery (Thailand) 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.


Yuasa Battery (Thailand) PCL's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yuasa Battery (Thailand) PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yuasa Battery (Thailand) PCL's Interest Coverage falls into.



Yuasa Battery (Thailand) 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.

Yuasa Battery (Thailand) 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, Yuasa Battery (Thailand) PCL's Interest Expense was ฿-1 Mil. Its Operating Income was ฿148 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*147.742/-0.688
=214.74

Yuasa Battery (Thailand) PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Yuasa Battery (Thailand) PCL's Interest Expense was ฿-0 Mil. Its Operating Income was ฿52 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*51.734/-0.146
=354.34

* 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.


Yuasa Battery (Thailand) PCL  (BKK:YUASA) 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 .


Yuasa Battery (Thailand) PCL Interest Coverage Related Terms

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


Yuasa Battery (Thailand) PCL (BKK:YUASA) Business Description

Traded in Other Exchanges
N/A
Address
Soi Thedsaban 55, Sukhumvit Road, Number 164, Moo 5, Tambol Taibanmai, Amphur Muangsamutprakan, Samutprakan, THA, 10280
Yuasa Battery (Thailand) PCL is engaged in the manufacturing and distribution of batteries for automobiles and motorcycles in Thailand. The company's product includes maintenance-free batteries for cars and motorcycles. The company manufactures and sells the batteries under its brands, such as THUNDLITE and YUCON. It derives its revenue from the original equipment market, replacement equipment market, and export market.

Yuasa Battery (Thailand) PCL (BKK:YUASA) Headlines

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