Thai Industrial Fund 1 (BKK:TIF1) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BKK:TIF1 Thai Industrial Fund 1 BKK:TIF1
79 GF Score
Price ฿7.90
GF Value ฿8.50
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Thai Industrial Fund 1 Interest Coverage?

Thai Industrial Fund 1 BKK:TIF1 -1.25% 79 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BKK:TIF1 with a GF Score™ of 79/100 and a GF Value™ of ฿8.50 (Fairly Valued). The stock has 6 warning signs investors should review. Among 484 Asset Management companies, Thai Industrial Fund 1 ranks better than 99.79% 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. Thai Industrial Fund 1's Operating Income for the three months ended in Dec. 2025 was ฿14.30 Mil. Thai Industrial Fund 1's Interest Expense for the three months ended in Dec. 2025 was ฿0.00 Mil. Thai Industrial Fund 1 has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Thai Industrial Fund 1 has no debt.

(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 Thai Industrial Fund 1's Interest Coverage or its related term are showing as below:

BKK:TIF1' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BKK:TIF1's Interest Coverage is ranked better than
99.79% of 484 companies
in the Asset Management industry
Industry Median: 45.62 vs BKK:TIF1: No Debt

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


Thai Industrial Fund 1  (BKK:TIF1) 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 .


Thai Industrial Fund 1 Interest Coverage Related Terms


Thai Industrial Fund 1 Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thai Industrial Fund 1'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.

Thai Industrial Fund 1 Interest Coverage Chart

Thai Industrial Fund 1 Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Thai Industrial Fund 1 Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 No Debt

BKK:TIF1 vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Thai Industrial Fund 1'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.


Thai Industrial Fund 1 Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Thai Industrial Fund 1's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thai Industrial Fund 1's Interest Coverage falls into.


BKK:TIF1
79GF Score
Thai Industrial Fund 1 BKK:TIF1
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Industrial Fund 1 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.

Thai Industrial Fund 1's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Thai Industrial Fund 1's Interest Expense was ฿0.00 Mil. Its Operating Income was ฿46.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.00 Mil.

Thai Industrial Fund 1 had no debt (1).

Thai Industrial Fund 1's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Thai Industrial Fund 1's Interest Expense was ฿0.00 Mil. Its Operating Income was ฿14.30 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿0.00 Mil.

Thai Industrial Fund 1 had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Thai Industrial Fund 1 (BKK:TIF1) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Industrial Fund 1 and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Thai Industrial Fund 1's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Thai Industrial Fund 1 ranks #1 out of 484 companies in the Asset Management industry, placing it in the top 0.2%.
Is Thai Industrial Fund 1's Interest Coverage too high?
Thai Industrial Fund 1's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Thai Industrial Fund 1 ranks #1 out of 484 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Thai Industrial Fund 1 has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thai Industrial Fund 1's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Thai Industrial Fund 1 ranks #1 out of 484 companies for Interest Coverage. This places Thai Industrial Fund 1 in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 45.62. Historically, Thai Industrial Fund 1's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 45.62, based on 484 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 Thai Industrial Fund 1 and its competitors. For the Asset Management industry, the median Interest Coverage is 45.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Industrial Fund 1's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Industrial Fund 1 stock overvalued right now?
Based on GuruFocus' analysis, Thai Industrial Fund 1 (BKK:TIF1) is currently considered Fairly Valued. The stock's GF Value™ is ฿8.50, compared to a current price of ฿7.90 — trading 7.1% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Thai Industrial Fund 1's overall GF Score™ is 79/100 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 Thai Industrial Fund 1 (BKK:TIF1), the current Interest Coverage is No Debt (1) as of Dec. 2025. 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 Thai Industrial Fund 1 (BKK:TIF1) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Industrial Fund 1 stock appears to be undervalued. The current stock price of ฿7.90 is trading 7.1% below its estimated GF Value™ of ฿8.50. GuruFocus considers Thai Industrial Fund 1 to be Fairly Valued.

Key valuation signals for BKK:TIF1:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: ฿8.50 vs. price of ฿7.90 (7.1% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the BKK:TIF1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Industrial Fund 1 Business Description

Address Rama 1 Road, Floor 9th, 24th, No. 989 Siam Piwat Tower, Patumwan District, Bangkok, THA, 10330
Thai Industrial Fund 1 is an asset management company. The objective of the fund is to raise funds from general investors and to use the proceeds from such fundraising for the purchase and/or lease of immovable properties or property lease rights. It invests in land and factory buildings, industrial parks, and industrial promotion zone in Thailand. The one reportable operating segment of the Fund is to provide the rental on property in which the Fund has invested and the single geographical area of its operations is Thailand.
79GF Score

Get the complete analysis for BKK:TIF1

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

฿7.90
Price
฿8.50
GF Value