Thai Solar Energy PCLBKK:TSE-R 41 Interest Coverage is 2.34 as of Mar. 2026, which is 249% above its 10-year median of 0.67. GuruFocus rates BKK:TSE-R with a GF Score™ of 41/100 and a GF Value™ of ฿0.73. The stock has 5 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Thai Solar Energy PCL ranks worse than 75.7% 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 Solar Energy PCL's
Operating Income
for the
three
months ended in Mar. 2026 was ฿95 Mil. Thai Solar Energy PCL's Interest Expense for the
three
months ended in Mar. 2026 was ฿-41 Mil.
Thai Solar Energy PCL's interest coverage for the quarter that ended in Mar. 2026 was 2.34.
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. Thai Solar Energy PCL interest coverage is 1.23, which is low.
The historical rank and industry rank for Thai Solar Energy PCL's Interest Coverage or its related term are showing as below:
BKK:TSE-R'
s Interest Coverage Range Over the Past 10 Years
Min: 0.2 Med: 0.67 Max: 2.28
Current: 1.23
BKK:TSE-R's Interest Coverage is ranked worse than 75.7% of 321
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.92
vs BKK:TSE-R: 1.23
Thai Solar Energy PCL (BKK:TSE-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 .
Thai Solar Energy PCL Interest Coverage Related Terms
Thai Solar Energy PCL Interest Coverage Historical Data
* Premium members only.
The historical data trend for Thai Solar Energy 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.
Thai Solar Energy PCL Interest Coverage Competitor Comparison
For the Utilities - Renewable subindustry, Thai Solar Energy 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.
Thai Solar Energy PCL Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Thai Solar Energy PCL's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Thai Solar Energy PCL's Interest Coverage falls into.
Thai Solar Energy 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:
* 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.
Thai Solar Energy PCL (BKK:TSE-R) has a Interest Coverage of 2.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Solar Energy PCL and its competitors. This is 249% above median its historical median of 0.67. Over the past decade, Thai Solar Energy PCL's Interest Coverage has ranged from 0.20 to 2.28. According to the industry distribution chart, Thai Solar Energy PCL ranks #243 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.7%.
Is Thai Solar Energy PCL's Interest Coverage too high?
Thai Solar Energy PCL's current Interest Coverage of 2.34 is 249% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.28. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. Thai Solar Energy PCL's value of 2.34 is 19.9% below this industry median. Based on the distribution chart, Thai Solar Energy PCL ranks #243 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Thai Solar Energy PCL has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Thai Solar Energy PCL's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Thai Solar Energy PCL ranks #243 out of 321 companies for Interest Coverage. This places Thai Solar Energy PCL in the lower half of its industry. The industry median Interest Coverage is 2.92. Thai Solar Energy PCL's value of 2.34 is 19.9% below this benchmark. Historically, Thai Solar Energy PCL's own Interest Coverage has ranged from 0.20 to 2.28 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 2.92, Thai Solar Energy PCL has consistently been below 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 321 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. Thai Solar Energy PCL's current Interest Coverage of 2.34 is 19.9% below 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 Thai Solar Energy PCL and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Solar Energy PCL's current Interest Coverage is 2.34, which is 249% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Solar Energy PCL stock overvalued right now?
Thai Solar Energy PCL (BKK:TSE-R) has a current Interest Coverage of 2.34. The stock's GF Value™ is ฿0.73, compared to a current price of ฿0.61 — trading 17% below its estimated fair value. The current Interest Coverage is 2.34, which is 249% above median its 10-year median of 0.67 and 19.9% below the Utilities - Independent Power Producers industry median of 2.92. Thai Solar Energy PCL's overall GF Score™ is 41/100 with 5 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 Solar Energy PCL (BKK:TSE-R), the current Interest Coverage is 2.34 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 Thai Solar Energy PCL (BKK:TSE-R) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Solar Energy PCL stock appears to be undervalued.
The current stock price of ฿0.61 is trading 17% below its estimated GF Value™ of ฿0.73.
Key valuation signals for BKK:TSE-R:
Interest Coverage: 2.34 (249% above median its 10-year median of 0.67)
GF Value™: ฿0.73 vs. price of ฿0.61 (17% below fair value)
Industry Position: 19.9% below the Utilities - Independent Power Producers median (#243 of 321)
No single metric tells the full story. See the BKK:TSE-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Solar Energy PCL is engaged in the generation and distribution of electricity from solar power to the government and private sector. The company has its operational footprints in Thailand and Japan. Its operating segments are Domestic and International of which, the company generates a majority of its revenue from the Domestic segment. The firm's projects are Solar PV Farms Thailand, Solar PV Farms Japan, Solar PV Rooftop Plants Thailand and Biomass Power Plants.
41GF Score
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