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News Network PCL (BKK:NEWS) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is News Network 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. News Network PCL's Operating Income for the three months ended in Mar. 2024 was ฿-79.70 Mil. News Network PCL's Interest Expense for the three months ended in Mar. 2024 was ฿-0.45 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 News Network PCL's Interest Coverage or its related term are showing as below:


BKK:NEWS's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.36
* 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.


News Network PCL Interest Coverage Historical Data

The historical data trend for News Network 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.

News Network PCL Interest Coverage Chart

News Network PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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News Network PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of News Network PCL's Interest Coverage

For the Software - Application subindustry, News Network 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.


News Network PCL's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, News Network PCL's Interest Coverage distribution charts can be found below:

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



News Network 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.

News Network 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, News Network PCL's Interest Expense was ฿-1.73 Mil. Its Operating Income was ฿-393.76 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿23.73 Mil.

News Network PCL did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2024, News Network PCL's Interest Expense was ฿-0.45 Mil. Its Operating Income was ฿-79.70 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿22.58 Mil.

News Network 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.


News Network PCL  (BKK:NEWS) 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 .


News Network PCL Interest Coverage Related Terms

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News Network PCL (BKK:NEWS) Business Description

Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS) Headlines

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