Tipco Asphalt PCL (BKK:TASCO-R) Interest Coverage: 34.62 (As of Mar. 2026) — 60% Above Median


BKK:TASCO-R Tipco Asphalt PCL BKK:TASCO-R
83 GF Score
Price ฿13.09
GF Value ฿13.22
! 6 Warning Signs
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What is Tipco Asphalt PCL Interest Coverage?

Tipco Asphalt PCL BKK:TASCO-R 83 Interest Coverage is 34.62 as of Mar. 2026, which is 60% above its 10-year median of 21.62. GuruFocus rates BKK:TASCO-R with a GF Score™ of 83/100 and a GF Value™ of ฿13.22. The stock has 6 warning signs investors should review. Among 310 Building Materials companies, Tipco Asphalt PCL ranks better than 67.1% 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. Tipco Asphalt PCL's Operating Income for the three months ended in Mar. 2026 was ฿755 Mil. Tipco Asphalt PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-22 Mil. Tipco Asphalt PCL's interest coverage for the quarter that ended in Mar. 2026 was 34.62. The higher the ratio, the stronger the company's financial strength is.

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

BKK:TASCO-R' s Interest Coverage Range Over the Past 10 Years
Min: 9.74   Med: 21.62   Max: 31.86
Current: 13.29


BKK:TASCO-R's Interest Coverage is ranked better than
67.1% of 310 companies
in the Building Materials industry
Industry Median: 6.68 vs BKK:TASCO-R: 13.29

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


Tipco Asphalt PCL  (BKK:TASCO-R) 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 .


Tipco Asphalt PCL Interest Coverage Related Terms


Tipco Asphalt PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Interest Coverage Chart

Tipco Asphalt 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 29.96 31.86 17.94 10.99 9.74

Tipco Asphalt 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 13.28 12.21 7.89 3.81 34.62

BKK:TASCO-R vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Tipco Asphalt 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.


Tipco Asphalt PCL Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Interest Coverage falls into.


BKK:TASCO-R
83GF Score
Tipco Asphalt PCL BKK:TASCO-R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tipco Asphalt 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.

Tipco Asphalt 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, Tipco Asphalt PCL's Interest Expense was ฿-131 Mil. Its Operating Income was ฿1,277 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿221 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1276.551/-131.082
=9.74

Tipco Asphalt PCL's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tipco Asphalt PCL's Interest Expense was ฿-22 Mil. Its Operating Income was ฿755 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿235 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*754.513/-21.791
=34.62

* 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 34.62 mean?
Tipco Asphalt PCL (BKK:TASCO-R) has a Interest Coverage of 34.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tipco Asphalt PCL and its competitors. This is 60% above median its historical median of 21.62. Over the past decade, Tipco Asphalt PCL's Interest Coverage has ranged from 9.74 to 31.86. According to the industry distribution chart, Tipco Asphalt PCL ranks #102 out of 310 companies in the Building Materials industry, placing it in the top 32.9%.
Is Tipco Asphalt PCL's Interest Coverage too high?
Tipco Asphalt PCL's current Interest Coverage of 34.62 is 60% above median its 10-year median of 21.62. Over the past 10 years, this metric has ranged from a low of 9.74 to a high of 31.86. The Building Materials industry median Interest Coverage is 6.68. Tipco Asphalt PCL's value of 34.62 is 418.3% above this industry median. Based on the distribution chart, Tipco Asphalt PCL ranks #102 out of 310 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tipco Asphalt PCL has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Tipco Asphalt PCL's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Tipco Asphalt PCL ranks #102 out of 310 companies for Interest Coverage. This puts Tipco Asphalt PCL in the upper half of its industry. The industry median Interest Coverage is 6.68. Tipco Asphalt PCL's value of 34.62 is 418.3% above this benchmark. Historically, Tipco Asphalt PCL's own Interest Coverage has ranged from 9.74 to 31.86 over the past decade. While the company's 10-year median is 21.62 vs. the industry median of 6.68, Tipco Asphalt 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 a Building Materials company?
The median Interest Coverage among Building Materials companies is 6.68, based on 310 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. Tipco Asphalt PCL's current Interest Coverage of 34.62 is 418.3% 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 Tipco Asphalt PCL and its competitors. For the Building Materials industry, the median Interest Coverage is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tipco Asphalt PCL's current Interest Coverage is 34.62, which is 60% above median its own 10-year median of 21.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tipco Asphalt PCL stock overvalued right now?
Tipco Asphalt PCL (BKK:TASCO-R) has a current Interest Coverage of 34.62. The stock's GF Value™ is ฿13.22, compared to a current price of ฿13.09 — trading 1% below its estimated fair value. The current Interest Coverage is 34.62, which is 60% above median its 10-year median of 21.62 and 418.3% above the Building Materials industry median of 6.68. Tipco Asphalt PCL's overall GF Score™ is 83/100 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 Tipco Asphalt PCL (BKK:TASCO-R), the current Interest Coverage is 34.62 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 Tipco Asphalt PCL (BKK:TASCO-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tipco Asphalt PCL stock appears to be undervalued. The current stock price of ฿13.09 is trading 1% below its estimated GF Value™ of ฿13.22.

Key valuation signals for BKK:TASCO-R:

  • Interest Coverage: 34.62 (60% above median its 10-year median of 21.62)
  • GF Value™: ฿13.22 vs. price of ฿13.09 (1% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 418.3% above the Building Materials median (#102 of 310)

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


Tipco Asphalt PCL Business Description

Other Exchanges TASCO:ThailandNVP5:Germany
Address 118/1 Rama 6 Road, Tipco Tower 1, Phayathai Sub District, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL is engaged in the production and sale of asphalt and petroleum-related products, as well as the provision of construction materials and related services. The company operates through two reportable segments: the Construction segment and the Manufacturing and Trading segment. The Construction segment conducts construction services related to highway construction and road rehabilitation in Thailand. The Manufacturing and Trading segment is involved in the manufacturing and trading of asphalt, petroleum oil products, and asphalt concrete in both domestic and overseas markets, supported by marine logistics operations. It generates the majority of its revenue from the Manufacturing and Trading segment.
83GF Score

Get the complete analysis for BKK:TASCO-R

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

฿13.09
Price
฿13.22
GF Value