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Siamese Asset PCL (BKK:SA-R) Interest Coverage : 0.58 (As of Mar. 2025)


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What is Siamese Asset 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. Siamese Asset PCL's Operating Income for the three months ended in Mar. 2025 was ฿38 Mil. Siamese Asset PCL's Interest Expense for the three months ended in Mar. 2025 was ฿-65 Mil. Siamese Asset PCL's interest coverage for the quarter that ended in Mar. 2025 was 0.58. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Siamese Asset PCL interest coverage is 1.78, which is low.

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

BKK:SA-R' s Interest Coverage Range Over the Past 10 Years
Min: 0.11   Med: 3.3   Max: 10.6
Current: 1.78


BKK:SA-R's Interest Coverage is ranked worse than
72.92% of 1322 companies
in the Real Estate industry
Industry Median: 3.97 vs BKK:SA-R: 1.78

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


Siamese Asset PCL Interest Coverage Historical Data

The historical data trend for Siamese Asset 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.

Siamese Asset PCL Interest Coverage Chart

Siamese Asset PCL Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 5.80 0.80 0.11 - 2.45

Siamese Asset PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.85 1.95 2.60 1.96 0.58

Competitive Comparison of Siamese Asset PCL's Interest Coverage

For the Real Estate - Development subindustry, Siamese Asset 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.


Siamese Asset PCL's Interest Coverage Distribution in the Real Estate Industry

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

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


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Siamese Asset 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.

Siamese Asset PCL's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Siamese Asset PCL's Interest Expense was ฿-227 Mil. Its Operating Income was ฿557 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿9,432 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*557.249/-227.236
=2.45

Siamese Asset PCL's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Siamese Asset PCL's Interest Expense was ฿-65 Mil. Its Operating Income was ฿38 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿8,798 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*37.578/-65.179
=0.58

* 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.


Siamese Asset PCL  (BKK:SA-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 .


Siamese Asset PCL Interest Coverage Related Terms

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


Siamese Asset PCL Business Description

Traded in Other Exchanges
Address
No. 1077/48 Phahon Yothin Road, Phaya Thai Subdistrict, Phaya Thai District, Bangkok, THA, 10400
Siamese Asset PCL is involved in the real estate business. The operations of the Company are property development for sale and management of real estate development projects and providing consulting and management services to the Group. The company's operating segment includes Real estate development segment, Service segment, Hotel segment and other segments. Real estate development segment is a real estate development business which is a single house, townhouse and condominium. It generates maximum revenue from the Property development segment.

Siamese Asset PCL Headlines

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