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Loxley PCL (BKK:LOXLEY) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Loxley 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. Loxley PCL's Operating Income for the three months ended in Mar. 2024 was ฿-21 Mil. Loxley PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-34 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 Loxley PCL's Interest Coverage or its related term are showing as below:


BKK:LOXLEY's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.115
* 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.


Loxley PCL Interest Coverage Historical Data

The historical data trend for Loxley 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.

Loxley PCL Interest Coverage Chart

Loxley 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 - - - - -

Loxley 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 - - 0.20 0.69 -

Competitive Comparison of Loxley PCL's Interest Coverage

For the Conglomerates subindustry, Loxley 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.


Loxley PCL's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Loxley PCL's Interest Coverage distribution charts can be found below:

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



Loxley 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.

Loxley 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, Loxley PCL's Interest Expense was ฿-149 Mil. Its Operating Income was ฿-31 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,123 Mil.

Loxley PCL did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, Loxley PCL's Interest Expense was ฿-34 Mil. Its Operating Income was ฿-21 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,111 Mil.

Loxley 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.


Loxley PCL  (BKK:LOXLEY) 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 .


Loxley PCL Interest Coverage Related Terms

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


Loxley PCL (BKK:LOXLEY) Business Description

Traded in Other Exchanges
N/A
Address
102 Na Ranong Road, Klong Toey, Klong Toey, Bangkok, THA, 10110
Loxley PCL is a Thailand-based company engaged in the principal businesses of trading and turnkey contract sales of telecommunication equipment, rail transport engineering and other systems including installation. The active subsidiaries are mainly engaged in their core businesses of trading, sales and services of information technologies and automated customer services machines for financial transactions, sales of consumer products, providing foodservice and other services. The company operates in the segments of Information Technology Business Group; Services Business Group; Energy Business Group; Network Solutions Business Group; Trading Business Group; and Special and other businesses. The group is managed and operates principally in Thailand.

Loxley PCL (BKK:LOXLEY) Headlines

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