Baan Rock Garden PCL (BKK:BROCK) Interest Coverage: 0.37 (As of Mar. 2026) — 100% Below Median

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BKK:BROCK Baan Rock Garden PCL BKK:BROCK
59 GF Score
Price ฿1.21
GF Value ฿1.74
Valuation Possible Value Trap
! 1 Warning Sign
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What is Baan Rock Garden PCL Interest Coverage?

Baan Rock Garden PCL BKK:BROCK 59 Interest Coverage is 0.37 as of Mar. 2026, which is 100% below its 10-year median of 251.72. GuruFocus rates BKK:BROCK with a GF Score™ of 59/100 and a GF Value™ of ฿1.74 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,304 Real Estate companies, Baan Rock Garden PCL ranks worse than 76687.04% 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. Baan Rock Garden PCL's Operating Income for the three months ended in Mar. 2026 was ฿0.14 Mil. Baan Rock Garden PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-0.38 Mil. Baan Rock Garden PCL's interest coverage for the quarter that ended in Mar. 2026 was 0.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Baan Rock Garden PCL's Interest Coverage or its related term are showing as below:


BKK:BROCK's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.145
* 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.


Baan Rock Garden PCL  (BKK:BROCK) 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 .


Baan Rock Garden PCL Interest Coverage Related Terms


Baan Rock Garden PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Baan Rock Garden 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.

Baan Rock Garden PCL Interest Coverage Chart

Baan Rock Garden PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.60 28.93 0.00 0.00 0.00

Baan Rock Garden PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.00 0.00 2.49 0.37

Baan Rock Garden PCL Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Baan Rock Garden 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.


Baan Rock Garden PCL Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Baan Rock Garden PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baan Rock Garden PCL's Interest Coverage falls into.


BKK:BROCK
59GF Score
Baan Rock Garden PCL BKK:BROCK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baan Rock Garden 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.

Baan Rock Garden PCL'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, Baan Rock Garden PCL's Interest Expense was ฿-1.15 Mil. Its Operating Income was ฿-7.16 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿4.41 Mil.

Baan Rock Garden PCL did not have earnings to cover the interest expense.

Baan Rock Garden PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Baan Rock Garden PCL's Interest Expense was ฿-0.38 Mil. Its Operating Income was ฿0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿3.64 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.141/-0.378
=0.37

* 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 0.37 mean?
Baan Rock Garden PCL (BKK:BROCK) has a Interest Coverage of 0.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Baan Rock Garden PCL and its competitors. This is 100% below median its historical median of 251.72. According to the industry distribution chart, Baan Rock Garden PCL ranks #999999 out of 1304 companies in the Real Estate industry.
Is Baan Rock Garden PCL's Interest Coverage too high?
Baan Rock Garden PCL's current Interest Coverage of 0.37 is 100% below median its 10-year median of 251.72. The Real Estate industry median Interest Coverage is 4.15. Baan Rock Garden PCL's value of 0.37 is 91.1% below this industry median. Based on the distribution chart, Baan Rock Garden PCL ranks #999999 out of 1304 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Baan Rock Garden PCL has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Baan Rock Garden PCL's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Baan Rock Garden PCL ranks #999999 out of 1304 companies for Interest Coverage. This places Baan Rock Garden PCL in the lower half of its industry. The industry median Interest Coverage is 4.15. Baan Rock Garden PCL's value of 0.37 is 91.1% below this benchmark. While the company's 10-year median is 251.72 vs. the industry median of 4.15, Baan Rock Garden PCL has consistently been below 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.15, based on 1,304 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. Baan Rock Garden PCL's current Interest Coverage of 0.37 is 91.1% below 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 Baan Rock Garden PCL and its competitors. For the Real Estate industry, the median Interest Coverage is 4.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baan Rock Garden PCL's current Interest Coverage is 0.37, which is 100% below median its own 10-year median of 251.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baan Rock Garden PCL stock overvalued right now?
Based on GuruFocus' analysis, Baan Rock Garden PCL (BKK:BROCK) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.74, compared to a current price of ฿1.21 — trading 30.5% below its estimated fair value. The current Interest Coverage is 0.37, which is 100% below median its 10-year median of 251.72 and 91.1% below the Real Estate industry median of 4.15. Baan Rock Garden PCL's overall GF Score™ is 59/100 with 1 warning sign 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 Baan Rock Garden PCL (BKK:BROCK), the current Interest Coverage is 0.37 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 Baan Rock Garden PCL (BKK:BROCK) Overvalued in 2026?

Based on GuruFocus' analysis, Baan Rock Garden PCL stock appears to be undervalued. The current stock price of ฿1.21 is trading 30.5% below its estimated GF Value™ of ฿1.74. GuruFocus considers Baan Rock Garden PCL to be Possible Value Trap.

Key valuation signals for BKK:BROCK:

  • Interest Coverage: 0.37 (100% below median its 10-year median of 251.72)
  • GF Value™: ฿1.74 vs. price of ฿1.21 (30.5% below fair value)
  • GF Score™: 59/100 with 1 warning sign
  • Industry Position: 91.1% below the Real Estate median (#999999 of 1304)

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


Baan Rock Garden PCL Business Description

Address Pracha-Uthit Road, 601 Ramkhamheang 39, Wang Thonglang, Bangkok, THA, 10310
Baan Rock Garden PCL is involved in the real estate business. It is engaged in the development of single-attached houses, townhouses, and commercial buildings. The company mainly develops its real estate under the project title Baan Rock Garden in Bangkok and other provinces. Its project portfolio comprises Rock Garden House 3, Rock Garden House, Rock Garden Airport Phase 1, Baan Rock Garden Chalong Krung, and others. The company has a single reportable segment, which is the business of real estate development in the type of allotted house for sale, and its operation is in one geographical area, which is Thailand.
59GF Score

Get the complete analysis for BKK:BROCK

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

฿1.21
Price
฿1.74
GF Value