Green Tech Ventures PCL (BKK:GTV) Interest Coverage: 3.31 (As of Mar. 2026) — 409% Above Median


What is Green Tech Ventures PCL Interest Coverage?

Green Tech Ventures PCL BKK:GTV Interest Coverage is 3.31 as of Mar. 2026, which is 409% above its 10-year median of 0.65. The stock has 6 warning signs investors should review. Among 322 Utilities - Independent Power Producers companies, Green Tech Ventures PCL ranks worse than 81.06% 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. Green Tech Ventures PCL's Operating Income for the three months ended in Mar. 2026 was ฿26.3 Mil. Green Tech Ventures PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-8.0 Mil. Green Tech Ventures PCL's interest coverage for the quarter that ended in Mar. 2026 was 3.31. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Green Tech Ventures PCL interest coverage is 1.04, which is low.

The historical rank and industry rank for Green Tech Ventures PCL's Interest Coverage or its related term are showing as below:

BKK:GTV' s Interest Coverage Range Over the Past 10 Years
Min: 0.32   Med: 0.65   Max: 1.04
Current: 1.04


BKK:GTV's Interest Coverage is ranked worse than
81.06% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.84 vs BKK:GTV: 1.04

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


Green Tech Ventures PCL  (BKK:GTV) 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 .


Green Tech Ventures PCL Interest Coverage Related Terms


Green Tech Ventures PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Green Tech Ventures 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.

Green Tech Ventures PCL Interest Coverage Chart

Green Tech Ventures 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 0.32 0.00 0.00 0.67 0.65

Green Tech Ventures 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 2.03 0.98 1.24 0.00 3.31

BKK:GTV vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, Green Tech Ventures 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.


Green Tech Ventures PCL Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Green Tech Ventures PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Green Tech Ventures PCL's Interest Coverage falls into.



Green Tech Ventures 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.

Green Tech Ventures 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, Green Tech Ventures PCL's Interest Expense was ฿-67.2 Mil. Its Operating Income was ฿43.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿270.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*43.403/-67.175
=0.65

Green Tech Ventures PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Green Tech Ventures PCL's Interest Expense was ฿-8.0 Mil. Its Operating Income was ฿26.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿280.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*26.297/-7.952
=3.31

* 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 3.31 mean?
Green Tech Ventures PCL (BKK:GTV) has a Interest Coverage of 3.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Green Tech Ventures PCL and its competitors. This is 409% above median its historical median of 0.65. Over the past decade, Green Tech Ventures PCL's Interest Coverage has ranged from 0.32 to 1.04. According to the industry distribution chart, Green Tech Ventures PCL ranks #261 out of 322 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.1%.
Is Green Tech Ventures PCL's Interest Coverage too high?
Green Tech Ventures PCL's current Interest Coverage of 3.31 is 409% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.04. The Utilities - Independent Power Producers industry median Interest Coverage is 2.84. Green Tech Ventures PCL's value of 3.31 is 16.5% above this industry median. Based on the distribution chart, Green Tech Ventures PCL ranks #261 out of 322 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers.
How does Green Tech Ventures PCL's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Green Tech Ventures PCL ranks #261 out of 322 companies for Interest Coverage. This places Green Tech Ventures PCL in the lower half of its industry. The industry median Interest Coverage is 2.84. Green Tech Ventures PCL's value of 3.31 is 16.5% above this benchmark. Historically, Green Tech Ventures PCL's own Interest Coverage has ranged from 0.32 to 1.04 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 2.84, Green Tech Ventures PCL 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.84, based on 322 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. Green Tech Ventures PCL's current Interest Coverage of 3.31 is 16.5% 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 Green Tech Ventures PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Tech Ventures PCL's current Interest Coverage is 3.31, which is 409% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Tech Ventures PCL stock overvalued right now?
Based on GuruFocus' analysis, Green Tech Ventures PCL (BKK:GTV) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.03 — trading 40% below its estimated fair value. The current Interest Coverage is 3.31, which is 409% above median its 10-year median of 0.65 and 16.5% above the Utilities - Independent Power Producers industry median of 2.84. 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 Green Tech Ventures PCL (BKK:GTV), the current Interest Coverage is 3.31 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.

Green Tech Ventures PCL Business Description

Address Rama IV Road, No. 944, 26th Floor, Unit S 26059, Mitrtown Office Tower, Wang Mai Subdistrict, Pathumwan District, Samyan, Bangkok, THA, 10330
Green Tech Ventures PCL is engaged in electricity generation, property development, and cryptocurrency mining business. The company classifies its operating segments based on types of businesses, which include electricity generating, property development, and digital asset. Maximum revenue is derived from the electricity-generating segment, which is involved in generating and selling energy from its solar power projects. Geographically, the company generates maximum revenue from the Socialist Republic of Vietnam, followed by the Lao PDR, Thailand, and Singapore.