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Eastern Commercial Leasing PCL (BKK:ECL) Interest Coverage : N/A (As of Mar. 2024)


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What is Eastern Commercial Leasing 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. Eastern Commercial Leasing PCL's Operating Income for the three months ended in Mar. 2024 was ฿-0.3 Mil. Eastern Commercial Leasing PCL's Interest Expense for the three months ended in Mar. 2024 was ฿0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


BKK:ECL's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 66.49
* 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.


Eastern Commercial Leasing PCL Interest Coverage Historical Data

The historical data trend for Eastern Commercial Leasing 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.

Eastern Commercial Leasing PCL Interest Coverage Chart

Eastern Commercial Leasing PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Eastern Commercial Leasing 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 N/A N/A N/A N/A N/A

Competitive Comparison of Eastern Commercial Leasing PCL's Interest Coverage

For the Credit Services subindustry, Eastern Commercial Leasing 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.


Eastern Commercial Leasing PCL's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Eastern Commercial Leasing PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eastern Commercial Leasing PCL's Interest Coverage falls into.



Eastern Commercial Leasing 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.

Eastern Commercial Leasing 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, Eastern Commercial Leasing PCL's Interest Expense was ฿0.0 Mil. Its Operating Income was ฿59.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,404.6 Mil.

GuruFocus does not calculate Eastern Commercial Leasing PCL's interest coverage with the available data.

Eastern Commercial Leasing PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Eastern Commercial Leasing PCL's Interest Expense was ฿0.0 Mil. Its Operating Income was ฿-0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,473.8 Mil.

GuruFocus does not calculate Eastern Commercial Leasing PCL's interest coverage with the available data.

* 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.


Eastern Commercial Leasing PCL  (BKK:ECL) 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 .


Eastern Commercial Leasing PCL Interest Coverage Related Terms

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


Eastern Commercial Leasing PCL (BKK:ECL) Business Description

Traded in Other Exchanges
N/A
Address
Rim Klong Samsean Road, 976/1, Soi Rama 9 Hospital, Bang Kapi Subdistrict, Huai Khwang District, Bangkok, THA, 10310
Eastern Commercial Leasing PCL is engaged in the business of credit services to the personal and juristic person in the form of hire purchase, loans and sale with right of redemption agreement. The company operates in the business division of Credit Services. The hire and sale-purchase agreement generate maximum revenue for the company.

Eastern Commercial Leasing PCL (BKK:ECL) Headlines

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