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. Nirvana Development PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿-30 Mil. Nirvana Development PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-15 Mil.
did not have earnings to cover the interest expense.
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. Nirvana Development PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Nirvana Development PCL's Interest Coverage or its related term are showing as below:
BKK:NVD'
s Interest Coverage Range Over the Past 10 Years
Min: 0.76 Med: 1.86 Max: 22.54
Current: 0.87
BKK:NVD's Interest Coverage is ranked worse than 88.33% of 1302
companies
in the Real Estate industry
Industry Median: 4.225
vs BKK:NVD: 0.87
Nirvana Development PCL (BKK:NVD) 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 .
Nirvana Development PCL Interest Coverage Related Terms
Nirvana Development PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nirvana Development 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:NVD vs CBRE, BEKE, JLL: Interest Coverage Comparison
For the Real Estate Services subindustry, Nirvana Development 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.
Nirvana Development PCL Interest Coverage vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nirvana Development PCL's Interest Coverage falls into.
Nirvana Development 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:
Nirvana Development 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?
Nirvana Development PCL (BKK:NVD) 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 Nirvana Development PCL and its competitors. Over the past decade, Nirvana Development PCL's Interest Coverage has ranged from 0.76 to 22.54. According to the industry distribution chart, Nirvana Development PCL ranks #1150 out of 1302 companies in the Real Estate industry, placing it in the top 88.3%.
Is Nirvana Development PCL's Interest Coverage too high?
Nirvana Development PCL's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 22.54. Based on the distribution chart, Nirvana Development PCL ranks #1150 out of 1302 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nirvana Development PCL has a GF Score™ of 19/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nirvana Development PCL's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nirvana Development PCL ranks #1150 out of 1302 companies for Interest Coverage. This places Nirvana Development PCL in the lower half of its industry. The industry median Interest Coverage is 4.23. Historically, Nirvana Development PCL's own Interest Coverage has ranged from 0.76 to 22.54 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.23, based on 1,302 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 Nirvana Development PCL and its competitors. For the Real Estate industry, the median Interest Coverage is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirvana Development 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 Nirvana Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Nirvana Development PCL (BKK:NVD) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.88 — trading 12% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Nirvana Development PCL's overall GF Score™ is 19/100 with 9 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 Nirvana Development PCL (BKK:NVD), 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 Nirvana Development PCL (BKK:NVD) Overvalued in 2026?
Based on GuruFocus' analysis, Nirvana Development PCL stock appears to be undervalued.
The current stock price of ฿0.88 is trading 12% below its estimated GF Value™ of ฿1.00.
GuruFocus considers Nirvana Development PCL to be Modestly Undervalued.
Key valuation signals for BKK:NVD:
Interest Coverage: 0 (At Loss)
GF Value™: ฿1.00 vs. price of ฿0.88 (12% below fair value)
No single metric tells the full story. See the BKK:NVD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The company has three segments: Real Estate, Construction, and Others. Majority of revenue is from Real estate segment.
19GF Score
Get the complete analysis for BKK:NVD
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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