Vanachai Group PCL

Vanachai Group PCL Interest Coverage

The Interest Coverage Ratio of Vanachai Group PCL (VNG.BK) as of Nov 3, 2026 is 2.40. In the previous year, Interest Coverage Ratio was 1.47 — a change of 63.27% (higher).

Interest Coverage

2.40

YoY

63.27%

Last updated:

Interest Coverage Ratio of Vanachai Group PCL is 2024 2.40 . Interest Coverage Ratio of Vanachai Group PCL was 2023 1.47 . It decreases by 63.27% higher compared to the previous year.

The Vanachai Group PCL Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
15.99 THB
Jan 1, 2018
-1.03 THB
Jan 1, 2019
-5.66 THB
Jan 1, 2020
-1.41 THB
Jan 1, 2021
5.49 THB
Jan 1, 2022
4.67 THB
Jan 1, 2023
1.47 THB
Jan 1, 2024
2.40 THB
The Vanachai Group PCL Interest Coverage history
YEARInterest CoverageYoY
2.40+63.27%
1.47-68.50%
4.67-15.05%
5.49-488.92%
-1.41-75.05%
-5.66+447.67%
-1.03-106.46%
15.99-39.92%
26.61+116.32%
12.30+121.03%
5.57—

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Vanachai Group PCL Stock analysis

What does Vanachai Group PCL do? Vanachai Group PCL produces and distributes wood panel boards through four segments: MDF board, particle board and door skin, Glue, and Melamine impregnated paper. The company's products include medium-density fiberboards (MDF), particle boards, molded door skin, high-density (HDF) fiberboards, laminated flooring, resins, impregnated paper, and urea-formaldehyde adhesive. Subsidiaries such as Particle Planner Co., Ltd., Vanachai Chemical Industries Co., Ltd., and Vanachai Panel Industries Co., Ltd. support the production and distribution of these products. Customers in the construction and furniture industries purchase these materials for manufacturing purposes. The firm generates revenue primarily from the sale of MDF, particle boards, and door skin products, which are used in construction and furniture manufacturing. Glue and melamine impregnated paper segments contribute to the company's income through sales of adhesives and decorative papers. Vanachai Chemical Industries Co., Ltd. produces resins and urea-formaldehyde adhesive, which are sold to customers requiring permanent-press qualities for wood fiber applications. Vanachai Group PCL targets construction companies, furniture manufacturers, and interior design firms as key customers. These segments rely on the company's wood panel boards, laminated flooring, and adhesive products for their production processes. The company's subsidiaries, including Woodtek International Co., Ltd. and Vanachai Logistics Co., Ltd., facilitate the supply chain and distribution of products to these end markets. Vanachai Group PCL is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Vanachai Group PCL stock

Interest Coverage Ratio of Vanachai Group PCL is 2.40 in 2024.

Interest Coverage Ratio of Vanachai Group PCL changed from 1.47 to 2.40, representing a 63.27% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Vanachai Group PCL since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Vanachai Group PCL with sector peers and the industry average to assess whether it is attractive.

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Leverage — Vanachai Group PCL

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Vanachai Group PCL