Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Interest Coverage: 4.10 (As of Mar. 2026) — Near Median


BKK:PROSPECT Prospect Logistics and Industrial Freehold and Leasehold REIT BKK:PROSPECT
48 GF Score
Price ฿10.20
GF Value ฿8.45
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Prospect Logistics and Industrial Freehold and Leasehold REIT Interest Coverage?

Prospect Logistics and Industrial Freehold and Leasehold REIT BKK:PROSPECT +0.99% 48 Interest Coverage is 4.10 as of Mar. 2026, which is 2% below its 10-year median of 4.20. GuruFocus rates BKK:PROSPECT with a GF Score™ of 48/100 and a GF Value™ of ฿8.45 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 701 REITs companies, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks better than 61.48% 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. Prospect Logistics and Industrial Freehold and Leasehold REIT's Operating Income for the three months ended in Mar. 2026 was ฿213.7 Mil. Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Expense for the three months ended in Mar. 2026 was ฿-52.1 Mil. Prospect Logistics and Industrial Freehold and Leasehold REIT's interest coverage for the quarter that ended in Mar. 2026 was 4.10. 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. Prospect Logistics and Industrial Freehold and Leasehold REIT interest coverage is 4.2, which is low.

The historical rank and industry rank for Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage or its related term are showing as below:

BKK:PROSPECT' s Interest Coverage Range Over the Past 10 Years
Min: 4.16   Med: 4.2   Max: 7.65
Current: 4.2


BKK:PROSPECT's Interest Coverage is ranked better than
61.48% of 701 companies
in the REITs industry
Industry Median: 3.12 vs BKK:PROSPECT: 4.20

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


Prospect Logistics and Industrial Freehold and Leasehold REIT  (BKK:PROSPECT) 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 .


Prospect Logistics and Industrial Freehold and Leasehold REIT Interest Coverage Related Terms


Prospect Logistics and Industrial Freehold and Leasehold REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Prospect Logistics and Industrial Freehold and Leasehold 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.

Prospect Logistics and Industrial Freehold and Leasehold REIT Interest Coverage Chart

Prospect Logistics and Industrial Freehold and Leasehold REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 7.65 7.37 4.16 4.18 4.20

Prospect Logistics and Industrial Freehold and Leasehold REIT 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 4.01 4.12 4.47 4.11 4.10

BKK:PROSPECT vs PLD, PSA, EXR: Interest Coverage Comparison

For the REIT - Industrial subindustry, Prospect Logistics and Industrial Freehold and Leasehold 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.


Prospect Logistics and Industrial Freehold and Leasehold REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage falls into.


BKK:PROSPECT
48GF Score
Prospect Logistics and Industrial Freehold and Leasehold REIT BKK:PROSPECT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Prospect Logistics and Industrial Freehold and Leasehold 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.

Prospect Logistics and Industrial Freehold and Leasehold REIT'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, Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Expense was ฿-146.1 Mil. Its Operating Income was ฿613.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿3,970.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*613.443/-146.088
=4.20

Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Expense was ฿-52.1 Mil. Its Operating Income was ฿213.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿4,046.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*213.702/-52.071
=4.10

* 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 4.10 mean?
Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) has a Interest Coverage of 4.10 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. This is near median its historical median of 4.20. Over the past decade, Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage has ranged from 4.16 to 7.65. According to the industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #270 out of 701 companies in the REITs industry, placing it in the top 38.5%.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage too high?
Prospect Logistics and Industrial Freehold and Leasehold REIT's current Interest Coverage of 4.10 is near median its 10-year median of 4.20. Over the past 10 years, this metric has ranged from a low of 4.16 to a high of 7.65. The REITs industry median Interest Coverage is 3.12. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 4.10 is 31.4% above this industry median. Based on the distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #270 out of 701 companies in the REITs industry, which is above the industry midpoint. Overall, Prospect Logistics and Industrial Freehold and Leasehold REIT has a GF Score™ of 48/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Prospect Logistics and Industrial Freehold and Leasehold REIT's Interest Coverage compare to PLD and PSA?
According to the REITs industry distribution chart, Prospect Logistics and Industrial Freehold and Leasehold REIT ranks #270 out of 701 companies for Interest Coverage. This puts Prospect Logistics and Industrial Freehold and Leasehold REIT in the upper half of its industry. The industry median Interest Coverage is 3.12. Prospect Logistics and Industrial Freehold and Leasehold REIT's value of 4.10 is 31.4% above this benchmark. Historically, Prospect Logistics and Industrial Freehold and Leasehold REIT's own Interest Coverage has ranged from 4.16 to 7.65 over the past decade. While the company's 10-year median is 4.20 vs. the industry median of 3.12, Prospect Logistics and Industrial Freehold and Leasehold REIT 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 a REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 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. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Interest Coverage of 4.10 is 31.4% 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 Prospect Logistics and Industrial Freehold and Leasehold REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prospect Logistics and Industrial Freehold and Leasehold REIT's current Interest Coverage is 4.10, which is near median its own 10-year median of 4.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prospect Logistics and Industrial Freehold and Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿8.45, compared to a current price of ฿10.20 — trading 20.7% above its estimated fair value. The current Interest Coverage is 4.10, which is near median its 10-year median of 4.20 and 31.4% above the REITs industry median of 3.12. Prospect Logistics and Industrial Freehold and Leasehold REIT's overall GF Score™ is 48/100 with 11 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT), the current Interest Coverage is 4.10 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 Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Overvalued in 2026?

Based on GuruFocus' analysis, Prospect Logistics and Industrial Freehold and Leasehold REIT stock appears to be overvalued. The current stock price of ฿10.20 is trading 20.7% above its estimated GF Value™ of ฿8.45. GuruFocus considers Prospect Logistics and Industrial Freehold and Leasehold REIT to be Modestly Overvalued.

Key valuation signals for BKK:PROSPECT:

  • Interest Coverage: 4.10 (near median its 10-year median of 4.20)
  • GF Value™: ฿8.45 vs. price of ฿10.20 (20.7% above fair value)
  • GF Score™: 48/100 with 11 warning signs
  • Industry Position: 31.4% above the REITs median (#270 of 701)

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


Prospect Logistics and Industrial Freehold and Leasehold REIT Business Description

Industry Real EstateREITs
Address Surawong Road, No. 345, Building 345, Surawong Building, 5th Floor, Suriyawong Subdistrict, Bangrak District, Bangkok, THA, 10500
Prospect Logistics and Industrial Freehold and Leasehold REIT is a real estate investment trust operating as a closed-end trust, and mainly invests in factory and warehouse space for rent. The company's investment portfolio consists of the following projects: Sub-leasehold rights of parts of land and buildings in the Bangkok Free Trade Zone 1 (BFTZ 1); the ownership over the land and built-to-suit factory and office building in the X44 Bangna Km.18; Leasehold right of parts of the land and ownership over parts of the buildings in Bangkok Free Trade Zone 2 (BFTZ 2); and Ownership over parts of the land and buildings in Bangkok Free Trade Zone 3 (BFTZ 3). Prospect generates primary revenue from the leasing of warehouse and factory buildings.
48GF Score

Get the complete analysis for BKK:PROSPECT

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

฿10.20
Price
฿8.45
GF Value