Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Interest Coverage: 7.93 (As of Mar. 2026) — 14% Above Median


BKK:TPRIME Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
79 GF Score
Price ฿7.75
GF Value ฿7.11
Valuation Fairly Valued
! 10 Warning Signs
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What is Thailand Prime Property Freehold And Leasehold REIT Interest Coverage?

Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME 79 Interest Coverage is 7.93 as of Mar. 2026, which is 14% above its 10-year median of 6.94. GuruFocus rates BKK:TPRIME with a GF Score™ of 79/100 and a GF Value™ of ฿7.11 (Fairly Valued). The stock has 10 warning signs investors should review. Among 699 REITs companies, Thailand Prime Property Freehold And Leasehold REIT ranks better than 70.96% 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. Thailand Prime Property Freehold And Leasehold REIT's Operating Income for the three months ended in Mar. 2026 was ฿137.7 Mil. Thailand Prime Property Freehold And Leasehold REIT's Interest Expense for the three months ended in Mar. 2026 was ฿-17.4 Mil. Thailand Prime Property Freehold And Leasehold REIT's interest coverage for the quarter that ended in Mar. 2026 was 7.93. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage or its related term are showing as below:

BKK:TPRIME' s Interest Coverage Range Over the Past 10 Years
Min: 5.8   Med: 6.94   Max: 11.23
Current: 6.82


BKK:TPRIME's Interest Coverage is ranked better than
70.96% of 699 companies
in the REITs industry
Industry Median: 3.11 vs BKK:TPRIME: 6.82

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


Thailand Prime Property Freehold And Leasehold REIT  (BKK:TPRIME) 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 .


Thailand Prime Property Freehold And Leasehold REIT Interest Coverage Related Terms


Thailand Prime Property Freehold And Leasehold REIT Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thailand Prime Property 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.

Thailand Prime Property Freehold And Leasehold REIT Interest Coverage Chart

Thailand Prime Property Freehold And Leasehold REIT 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 8.34 8.33 6.33 5.80 6.43

Thailand Prime Property 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 6.25 6.14 6.73 6.60 7.93

BKK:TPRIME vs BXP, ARE, VNO: Interest Coverage Comparison

For the REIT - Office subindustry, Thailand Prime Property 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.


Thailand Prime Property Freehold And Leasehold REIT Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage falls into.


BKK:TPRIME
79GF Score
Thailand Prime Property Freehold And Leasehold REIT BKK:TPRIME
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thailand Prime Property 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.

Thailand Prime Property 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, Thailand Prime Property Freehold And Leasehold REIT's Interest Expense was ฿-79.4 Mil. Its Operating Income was ฿510.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿1,300.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*510.533/-79.423
=6.43

Thailand Prime Property 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, Thailand Prime Property Freehold And Leasehold REIT's Interest Expense was ฿-17.4 Mil. Its Operating Income was ฿137.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿2,300.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*137.724/-17.37
=7.93

* 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 7.93 mean?
Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) has a Interest Coverage of 7.93 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thailand Prime Property Freehold And Leasehold REIT and its competitors. This is 14% above median its historical median of 6.94. Over the past decade, Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage has ranged from 5.80 to 11.23. According to the industry distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #203 out of 699 companies in the REITs industry, placing it in the top 29%.
Is Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage too high?
Thailand Prime Property Freehold And Leasehold REIT's current Interest Coverage of 7.93 is 14% above median its 10-year median of 6.94. Over the past 10 years, this metric has ranged from a low of 5.80 to a high of 11.23. The REITs industry median Interest Coverage is 3.11. Thailand Prime Property Freehold And Leasehold REIT's value of 7.93 is 155% above this industry median. Based on the distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #203 out of 699 companies in the REITs industry, which is above the industry midpoint. Overall, Thailand Prime Property Freehold And Leasehold REIT has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thailand Prime Property Freehold And Leasehold REIT's Interest Coverage compare to BXP and ARE?
According to the REITs industry distribution chart, Thailand Prime Property Freehold And Leasehold REIT ranks #203 out of 699 companies for Interest Coverage. This puts Thailand Prime Property Freehold And Leasehold REIT in the upper half of its industry. The industry median Interest Coverage is 3.11. Thailand Prime Property Freehold And Leasehold REIT's value of 7.93 is 155% above this benchmark. Historically, Thailand Prime Property Freehold And Leasehold REIT's own Interest Coverage has ranged from 5.80 to 11.23 over the past decade. While the company's 10-year median is 6.94 vs. the industry median of 3.11, Thailand Prime Property 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 3.11, based on 699 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. Thailand Prime Property Freehold And Leasehold REIT's current Interest Coverage of 7.93 is 155% 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 Thailand Prime Property Freehold And Leasehold REIT and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thailand Prime Property Freehold And Leasehold REIT's current Interest Coverage is 7.93, which is 14% above median its own 10-year median of 6.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thailand Prime Property Freehold And Leasehold REIT stock overvalued right now?
Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) is currently considered Fairly Valued. The stock's GF Value™ is ฿7.11, compared to a current price of ฿7.75 — trading 9% above its estimated fair value. The current Interest Coverage is 7.93, which is 14% above median its 10-year median of 6.94 and 155% above the REITs industry median of 3.11. Thailand Prime Property Freehold And Leasehold REIT's overall GF Score™ is 79/100 with 10 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME), the current Interest Coverage is 7.93 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 Thailand Prime Property Freehold And Leasehold REIT (BKK:TPRIME) Overvalued in 2026?

Based on GuruFocus' analysis, Thailand Prime Property Freehold And Leasehold REIT stock appears to be overvalued. The current stock price of ฿7.75 is trading 9% above its estimated GF Value™ of ฿7.11. GuruFocus considers Thailand Prime Property Freehold And Leasehold REIT to be Fairly Valued.

Key valuation signals for BKK:TPRIME:

  • Interest Coverage: 7.93 (14% above median its 10-year median of 6.94)
  • GF Value™: ฿7.11 vs. price of ฿7.75 (9% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 155% above the REITs median (#203 of 699)

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


Thailand Prime Property Freehold And Leasehold REIT Business Description

Industry Real EstateREITs
Address Unit 3903, Sukhumvit Road, 388 Exchange Tower, 39th Floor, Khlong Toei District, Bangkok, THA, 10110
Thailand Prime Property Freehold And Leasehold REIT operates as a closed-end real estate investment company. The trust's objectives are to mobilize funds raised from investors and loans from financial institutions to invest in leasehold rights to land and Mercury Tower and invest in the shares of Exchange Tower.
79GF Score

Get the complete analysis for BKK:TPRIME

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

฿7.75
Price
฿7.11
GF Value