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. Modernform Group PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿-5 Mil. Modernform Group PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-2 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Modernform Group PCL's Interest Coverage or its related term are showing as below:
BKK:MODERN'
s Interest Coverage Range Over the Past 10 Years
Min: 8.02 Med: 21.56 Max: 44.02
Current: 29.45
BKK:MODERN's Interest Coverage is ranked better than 70.99% of 293
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.44
vs BKK:MODERN: 29.45
Modernform Group PCL (BKK:MODERN) 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 .
Modernform Group PCL Interest Coverage Related Terms
Modernform Group PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Modernform Group 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.
BKK:MODERN vs SN, SGI, MHK: Interest Coverage Comparison
For the Furnishings, Fixtures & Appliances subindustry, Modernform Group 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.
Modernform Group PCL Interest Coverage vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Modernform Group PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Modernform Group PCL's Interest Coverage falls into.
Modernform Group 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:
Modernform Group PCL did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Modernform Group PCL (BKK:MODERN) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Modernform Group PCL and its competitors. Over the past decade, Modernform Group PCL's Interest Coverage has ranged from 8.02 to 44.02. According to the industry distribution chart, Modernform Group PCL ranks #85 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 29%.
Is Modernform Group PCL's Interest Coverage too high?
Modernform Group PCL's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 8.02 to a high of 44.02. Based on the distribution chart, Modernform Group PCL ranks #85 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Modernform Group PCL has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Modernform Group PCL's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Modernform Group PCL ranks #85 out of 293 companies for Interest Coverage. This puts Modernform Group PCL in the upper half of its industry. The industry median Interest Coverage is 11.44. Historically, Modernform Group PCL's own Interest Coverage has ranged from 8.02 to 44.02 over the past decade. 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.44, based on 293 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. 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 Modernform Group PCL and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modernform Group PCL's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modernform Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Modernform Group PCL (BKK:MODERN) is currently considered Fairly Valued. The stock's GF Value™ is ฿2.06, compared to a current price of ฿2.08 — trading 1% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Modernform Group PCL's overall GF Score™ is 57/100 with 6 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 Modernform Group PCL (BKK:MODERN), the current Interest Coverage is 0 (At Loss) 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 Modernform Group PCL (BKK:MODERN) Overvalued in 2026?
Based on GuruFocus' analysis, Modernform Group PCL stock appears to be overvalued.
The current stock price of ฿2.08 is trading 1% above its estimated GF Value™ of ฿2.06.
GuruFocus considers Modernform Group PCL to be Fairly Valued.
Key valuation signals for BKK:MODERN:
Interest Coverage: 0 (At Loss)
GF Value™: ฿2.06 vs. price of ฿2.08 (1% above fair value)
No single metric tells the full story. See the BKK:MODERN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modernform Group PCL is involved in the manufacturing and distribution of home and office furniture. The business of the group is operated through four reportable segments: furniture business, furniture fitting and other materials business, rental and service business, and architectural design and construction business. A majority of its revenue is generated from the furniture business, which consists of office furniture products, residential furniture products, kitchen furniture products; bathroom furniture products, and others. All the operations functioned throughout the region of Thailand.
57GF Score
Get the complete analysis for BKK:MODERN
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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