XSpring Capital PCL (BKK:XPG) Interest Coverage: 51.24 (As of Mar. 2026) — 497% Above Median

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BKK:XPG XSpring Capital PCL BKK:XPG
38 GF Score
Price ฿0.48
! 3 Warning Signs
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What is XSpring Capital PCL Interest Coverage?

XSpring Capital PCL BKK:XPG 38 Interest Coverage is 51.24 as of Mar. 2026, which is 497% above its 10-year median of 8.59. GuruFocus rates BKK:XPG with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 480 Asset Management companies, XSpring Capital PCL ranks better than 52.5% 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. XSpring Capital PCL's Operating Income for the three months ended in Mar. 2026 was ฿30.7 Mil. XSpring Capital PCL's Interest Expense for the three months ended in Mar. 2026 was ฿-0.6 Mil. XSpring Capital PCL's interest coverage for the quarter that ended in Mar. 2026 was 51.24. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. XSpring Capital PCL has enough cash to cover all of its debt. Its financial situation is stable.

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

BKK:XPG' s Interest Coverage Range Over the Past 10 Years
Min: 1.83   Med: 8.59   Max: 75.37
Current: 60.98


BKK:XPG's Interest Coverage is ranked better than
52.5% of 480 companies
in the Asset Management industry
Industry Median: 46.905 vs BKK:XPG: 60.98

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


XSpring Capital PCL  (BKK:XPG) 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 .


XSpring Capital PCL Interest Coverage Related Terms


XSpring Capital PCL Interest Coverage Historical Data

* Premium members only.

The historical data trend for XSpring Capital 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.

XSpring Capital PCL Interest Coverage Chart

XSpring Capital 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 0.00 0.00 8.59 38.90 75.37

XSpring Capital 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 112.22 51.67 94.42 45.17 51.24

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

For the Asset Management subindustry, XSpring Capital 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.


XSpring Capital PCL Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, XSpring Capital PCL's Interest Coverage distribution charts can be found below:

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


BKK:XPG
38GF Score
XSpring Capital PCL BKK:XPG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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XSpring Capital 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.

XSpring Capital 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, XSpring Capital PCL's Interest Expense was ฿-2.8 Mil. Its Operating Income was ฿209.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿92.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*209.309/-2.777
=75.37

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

Here, for the three months ended in Mar. 2026, XSpring Capital PCL's Interest Expense was ฿-0.6 Mil. Its Operating Income was ฿30.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿89.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*30.692/-0.599
=51.24

* 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 51.24 mean?
XSpring Capital PCL (BKK:XPG) has a Interest Coverage of 51.24 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on XSpring Capital PCL and its competitors. This is 497% above median its historical median of 8.59. Over the past decade, XSpring Capital PCL's Interest Coverage has ranged from 1.83 to 75.37. According to the industry distribution chart, XSpring Capital PCL ranks #228 out of 480 companies in the Asset Management industry, placing it in the top 47.5%.
Is XSpring Capital PCL's Interest Coverage too high?
XSpring Capital PCL's current Interest Coverage of 51.24 is 497% above median its 10-year median of 8.59. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 75.37. The Asset Management industry median Interest Coverage is 46.91. XSpring Capital PCL's value of 51.24 is 9.2% above this industry median. Based on the distribution chart, XSpring Capital PCL ranks #228 out of 480 companies in the Asset Management industry, which is above the industry midpoint. Overall, XSpring Capital PCL has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does XSpring Capital PCL's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, XSpring Capital PCL ranks #228 out of 480 companies for Interest Coverage. This puts XSpring Capital PCL in the upper half of its industry. The industry median Interest Coverage is 46.91. XSpring Capital PCL's value of 51.24 is 9.2% above this benchmark. Historically, XSpring Capital PCL's own Interest Coverage has ranged from 1.83 to 75.37 over the past decade. While the company's 10-year median is 8.59 vs. the industry median of 46.91, XSpring Capital 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 Asset Management company?
The median Interest Coverage among Asset Management companies is 46.91, based on 480 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. XSpring Capital PCL's current Interest Coverage of 51.24 is 9.2% 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 XSpring Capital PCL and its competitors. For the Asset Management industry, the median Interest Coverage is 46.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XSpring Capital PCL's current Interest Coverage is 51.24, which is 497% above median its own 10-year median of 8.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XSpring Capital PCL stock overvalued right now?
XSpring Capital PCL (BKK:XPG) has a current Interest Coverage of 51.24. The current Interest Coverage is 51.24, which is 497% above median its 10-year median of 8.59 and 9.2% above the Asset Management industry median of 46.91. XSpring Capital PCL's overall GF Score™ is 38/100 with 3 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 XSpring Capital PCL (BKK:XPG), the current Interest Coverage is 51.24 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.

XSpring Capital PCL Business Description

Address 59 Siri Campus, Building D, 2nd Floor, Soi Rim Khlong Phra Khanong, Phra Khanong Nuea, Vadhana, Bangkok, THA, 10110
XSpring Capital PCL is engaged in investment holding in other businesses. The subsidiaries' businesses include fund management business, non-performing assets management business, digital asset business and investment holding business. The company's reportable segments are as follows: i) Securities segment, ii) Fund asset management segment, iii) Digital assets segment, iv) Asset management, and v) Investment and other segment. The majority of the company's revenue is derived from the Fund asset management segment.
38GF Score

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

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