Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Interest Coverage: 23.98 (As of Mar. 2026) — 20% Below Median


BKK:AXTRART Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
85 GF Score
Price ฿12.70
GF Value ฿13.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Axtra Future City Freehold and Leasehold REIT Interest Coverage?

Axtra Future City Freehold and Leasehold REIT BKK:AXTRART -0.78% 85 Interest Coverage is 23.98 as of Mar. 2026, which is 20% below its 10-year median of 29.83. GuruFocus rates BKK:AXTRART with a GF Score™ of 85/100 and a GF Value™ of ฿13.10 (Fairly Valued). The stock has 3 warning signs investors should review. Among 700 REITs companies, Axtra Future City Freehold and Leasehold REIT ranks better than 83.29% on this metric.

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. Axtra Future City Freehold and Leasehold REIT's Operating Income for the three months ended in Mar. 2026 was ฿520 Mil. Axtra Future City Freehold and Leasehold REIT's Interest Expense for the three months ended in Mar. 2026 was ฿-22 Mil. Axtra Future City Freehold and Leasehold REIT's interest coverage for the quarter that ended in Mar. 2026 was 23.98. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Axtra Future City Freehold and Leasehold REIT's Interest Coverage or its related term are showing as below:

BKK:AXTRART' s Interest Coverage Range Over the Past 10 Years
Min: 22.14   Med: 29.83   Max: 36.15
Current: 22.67


BKK:AXTRART's Interest Coverage is ranked better than
83.29% of 700 companies
in the REITs industry
Industry Median: 3.095 vs BKK:AXTRART: 22.67

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


Axtra Future City Freehold and Leasehold REIT  (BKK:AXTRART) 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 .


Axtra Future City Freehold and Leasehold REIT Interest Coverage Related Terms


Axtra Future City Freehold and Leasehold REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Axtra Future City Freehold and Leasehold REIT'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.

Axtra Future City Freehold and Leasehold REIT Interest Coverage Chart

Axtra Future City Freehold and Leasehold REIT Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.18 28.09 29.96 22.14 22.26

Axtra Future City Freehold and Leasehold REIT Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.21 22.45 23.15 21.17 23.98

BKK:AXTRART vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Axtra Future City Freehold and Leasehold REIT'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.


Axtra Future City Freehold and Leasehold REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Axtra Future City Freehold and Leasehold REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Axtra Future City Freehold and Leasehold REIT's Interest Coverage falls into.


BKK:AXTRART
85GF Score
Axtra Future City Freehold and Leasehold REIT BKK:AXTRART
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axtra Future City Freehold and Leasehold REIT 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.

Axtra Future City Freehold and Leasehold REIT's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Axtra Future City Freehold and Leasehold REIT's Interest Expense was ฿-95 Mil. Its Operating Income was ฿2,119 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,917 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2119.175/-95.216
=22.26

Axtra Future City Freehold and Leasehold REIT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Axtra Future City Freehold and Leasehold REIT's Interest Expense was ฿-22 Mil. Its Operating Income was ฿520 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,917 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*519.597/-21.665
=23.98

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 23.98 mean?
Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) has a Interest Coverage of 23.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. This is 20% below median its historical median of 29.83. Over the past decade, Axtra Future City Freehold and Leasehold REIT's Interest Coverage has ranged from 22.14 to 36.15. According to the industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #117 out of 700 companies in the REITs industry, placing it in the top 16.7%.
Is Axtra Future City Freehold and Leasehold REIT's Interest Coverage too high?
Axtra Future City Freehold and Leasehold REIT's current Interest Coverage of 23.98 is 20% below median its 10-year median of 29.83. Over the past 10 years, this metric has ranged from a low of 22.14 to a high of 36.15. The REITs industry median Interest Coverage is 3.10. Axtra Future City Freehold and Leasehold REIT's value of 23.98 is 674.8% above this industry median. Based on the distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #117 out of 700 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Axtra Future City Freehold and Leasehold REIT has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Axtra Future City Freehold and Leasehold REIT's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Axtra Future City Freehold and Leasehold REIT ranks #117 out of 700 companies for Interest Coverage. This places Axtra Future City Freehold and Leasehold REIT in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.10. Axtra Future City Freehold and Leasehold REIT's value of 23.98 is 674.8% above this benchmark. Historically, Axtra Future City Freehold and Leasehold REIT's own Interest Coverage has ranged from 22.14 to 36.15 over the past decade. While the company's 10-year median is 29.83 vs. the industry median of 3.10, Axtra Future City Freehold and Leasehold REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 700 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Axtra Future City Freehold and Leasehold REIT's current Interest Coverage of 23.98 is 674.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Axtra Future City Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axtra Future City Freehold and Leasehold REIT's current Interest Coverage is 23.98, which is 20% below median its own 10-year median of 29.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axtra Future City Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) is currently considered Fairly Valued. The stock's GF Value™ is ฿13.10, compared to a current price of ฿12.70 — trading 3.1% below its estimated fair value. The current Interest Coverage is 23.98, which is 20% below median its 10-year median of 29.83 and 674.8% above the REITs industry median of 3.10. Axtra Future City Freehold and Leasehold REIT's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART), the current Interest Coverage is 23.98 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Axtra Future City Freehold and Leasehold REIT (BKK:AXTRART) Overvalued in 2026?

Based on GuruFocus' analysis, Axtra Future City Freehold and Leasehold REIT stock appears to be undervalued. The current stock price of ฿12.70 is trading 3.1% below its estimated GF Value™ of ฿13.10. GuruFocus considers Axtra Future City Freehold and Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:AXTRART:

  • Interest Coverage: 23.98 (20% below median its 10-year median of 29.83)
  • GF Value™: ฿13.10 vs. price of ฿12.70 (3.1% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 674.8% above the REITs median (#117 of 700)

No single metric tells the full story. See the BKK:AXTRART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axtra Future City Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Sukhumvit Raod, No. 111, 10th Floor, Unit 1001/1, True Digital Park West, Bang Chak, Phra Khanong, Bangkok, THA, 10260
Axtra Future City Freehold and Leasehold REIT is a closed-end retail growth freehold and leasehold property fund. The Fund's objective is to seek funds from investors, invest mostly in property or property leasehold rights and generate benefit from such property. It Invest in Freehold & Leasehold of properties which comprises of nearly 23 shopping malls (Lotus's). The company operates only in Thailand.
85GF Score

Get the complete analysis for BKK:AXTRART

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿12.70
Price
฿13.10
GF Value