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Issara REIT (BKK:ISSARA) Interest Coverage : 46.90 (As of Mar. 2025)


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What is Issara REIT 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. Issara REIT's Operating Income for the three months ended in Mar. 2025 was ฿16.09 Mil. Issara REIT's Interest Expense for the three months ended in Mar. 2025 was ฿-0.34 Mil. Issara REIT's interest coverage for the quarter that ended in Mar. 2025 was 46.90. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Issara REIT's Interest Coverage or its related term are showing as below:

BKK:ISSARA' s Interest Coverage Range Over the Past 10 Years
Min: 124.27   Med: No Debt   Max: No Debt
Current: 124.27


BKK:ISSARA's Interest Coverage is not ranked
in the REITs industry.
Industry Median: 2.845 vs BKK:ISSARA: 124.27

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


Issara REIT Interest Coverage Historical Data

The historical data trend for Issara 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.

* Premium members only.

Issara REIT Interest Coverage Chart

Issara REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Issara REIT Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt No Debt No Debt No Debt 46.90

Competitive Comparison of Issara REIT's Interest Coverage

For the REIT - Office subindustry, Issara 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.


Issara REIT's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Issara REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Issara REIT's Interest Coverage falls into.


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Issara 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.

Issara REIT's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Issara REIT's Interest Expense was ฿0.00 Mil. Its Operating Income was ฿0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.00 Mil.

Issara REIT had no debt (1).

Issara REIT's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Issara REIT's Interest Expense was ฿-0.34 Mil. Its Operating Income was ฿16.09 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿147.92 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*16.086/-0.343
=46.90

* 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.


Issara REIT  (BKK:ISSARA) 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 .


Issara REIT Interest Coverage Related Terms

Thank you for viewing the detailed overview of Issara REIT's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Issara REIT Business Description

Traded in Other Exchanges
N/A
Address
New Petchaburi Road, 2922/198 Charn Issara Tower 2, 10th Floor, Bangkapi, Huay Kwang, Bangkok, THA, 10310
Issara REIT is a closed-end trust investing in property and property lease rights. The primary objective of the trust is to maintain an appropriate capital structure in order to provide returns for unitholders in accordance with the establishment objective. The company invests in properties such as office suites and commercial apartments in Charn Issara Tower and Charn Issara Tower II. Geographically it operates through the region of Thailand.

Issara REIT Headlines

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