Tirathai PCL (BKK:TRT-R) Interest Coverage: 16.48 (As of Mar. 2026) — 476% Above Median


BKK:TRT-R Tirathai PCL BKK:TRT-R
58 GF Score
Price ฿3.52
GF Value ฿0.86
! 7 Warning Signs
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What is Tirathai PCL Interest Coverage?

Tirathai PCL BKK:TRT-R 58 Interest Coverage is 16.48 as of Mar. 2026, which is 476% above its 10-year median of 2.86. GuruFocus rates BKK:TRT-R with a GF Score™ of 58/100 and a GF Value™ of ฿0.86. The stock has 7 warning signs investors should review. Among 2,329 Industrial Products companies, Tirathai PCL ranks worse than 68.31% 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. Tirathai PCL's Operating Income for the three months ended in Mar. 2026 was ฿213 Mil. Tirathai PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-13 Mil. Tirathai PCL's interest coverage for the quarter that ended in Mar. 2026 was 16.48. The higher the ratio, the stronger the company's financial strength is.

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

BKK:TRT-R' s Interest Coverage Range Over the Past 10 Years
Min: 0.82   Med: 2.86   Max: 6.41
Current: 6.41


BKK:TRT-R's Interest Coverage is ranked worse than
68.31% of 2329 companies
in the Industrial Products industry
Industry Median: 14.8 vs BKK:TRT-R: 6.41

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


Tirathai PCL  (BKK:TRT-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 .


Tirathai PCL Interest Coverage Related Terms


Tirathai PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tirathai 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.

Tirathai PCL Interest Coverage Chart

Tirathai 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 2.69 0.00 3.02 3.87 3.71

Tirathai 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 6.83 3.92 0.00 4.78 16.48

BKK:TRT-R vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Tirathai 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.


Tirathai PCL Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's Interest Coverage distribution charts can be found below:

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


BKK:TRT-R
58GF Score
Tirathai PCL BKK:TRT-R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirathai 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.

Tirathai 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, Tirathai PCL's Interest Expense was ฿-48 Mil. Its Operating Income was ฿179 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿89 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*178.683/-48.131
=3.71

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

Here, for the three months ended in Mar. 2026, Tirathai PCL's Interest Expense was ฿-13 Mil. Its Operating Income was ฿213 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿152 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*212.912/-12.917
=16.48

* 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 16.48 mean?
Tirathai PCL (BKK:TRT-R) has a Interest Coverage of 16.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tirathai PCL and its competitors. This is 476% above median its historical median of 2.86. Over the past decade, Tirathai PCL's Interest Coverage has ranged from 0.82 to 6.41. According to the industry distribution chart, Tirathai PCL ranks #1591 out of 2329 companies in the Industrial Products industry, placing it in the top 68.3%.
Is Tirathai PCL's Interest Coverage too high?
Tirathai PCL's current Interest Coverage of 16.48 is 476% above median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 6.41. The Industrial Products industry median Interest Coverage is 14.80. Tirathai PCL's value of 16.48 is 11.4% above this industry median. Based on the distribution chart, Tirathai PCL ranks #1591 out of 2329 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tirathai PCL ranks #1591 out of 2329 companies for Interest Coverage. This places Tirathai PCL in the lower half of its industry. The industry median Interest Coverage is 14.80. Tirathai PCL's value of 16.48 is 11.4% above this benchmark. Historically, Tirathai PCL's own Interest Coverage has ranged from 0.82 to 6.41 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 14.80, Tirathai 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,329 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. Tirathai PCL's current Interest Coverage of 16.48 is 11.4% 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 Tirathai PCL and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tirathai PCL's current Interest Coverage is 16.48, which is 476% above median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current Interest Coverage of 16.48. The stock's GF Value™ is ฿0.86, compared to a current price of ฿3.52 — trading 309.3% above its estimated fair value. The current Interest Coverage is 16.48, which is 476% above median its 10-year median of 2.86 and 11.4% above the Industrial Products industry median of 14.80. Tirathai PCL's overall GF Score™ is 58/100 with 7 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 Tirathai PCL (BKK:TRT-R), the current Interest Coverage is 16.48 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued. The current stock price of ฿3.52 is trading 309.3% above its estimated GF Value™ of ฿0.86.

Key valuation signals for BKK:TRT-R:

  • Interest Coverage: 16.48 (476% above median its 10-year median of 2.86)
  • GF Value™: ฿0.86 vs. price of ฿3.52 (309.3% above fair value)
  • GF Score™: 58/100 with 7 warning signs
  • Industry Position: 11.4% above the Industrial Products median (#1591 of 2329)

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


Tirathai PCL Business Description

Other Exchanges TRT:Thailand
Address 516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samut Prakan, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score

Get the complete analysis for BKK:TRT-R

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

฿3.52
Price
฿0.86
GF Value