Quercus TFI (WAR:QRS) Interest Coverage: 276.57 (As of Mar. 2026) — 39% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:QRS Quercus TFI SA WAR:QRS
96 GF Score
Price zł13.06
GF Value zł14.38
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Quercus TFI Interest Coverage?

Quercus TFI WAR:QRS -1.80% 96 Interest Coverage is 276.57 as of Mar. 2026, which is 39% below its 10-year median of 451.46. GuruFocus rates WAR:QRS with a GF Score™ of 96/100 and a GF Value™ of zł14.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 484 Asset Management companies, Quercus TFI ranks better than 63.22% 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. Quercus TFI's Operating Income for the three months ended in Mar. 2026 was zł19.4 Mil. Quercus TFI's Interest Expense for the three months ended in Mar. 2026 was zł-0.1 Mil. Quercus TFI's interest coverage for the quarter that ended in Mar. 2026 was 276.57. 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. Quercus TFI SA has enough cash to cover all of its debt. Its financial situation is stable.

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

WAR:QRS' s Interest Coverage Range Over the Past 10 Years
Min: 114.71   Med: 451.46   Max: 19544
Current: 376.58


WAR:QRS's Interest Coverage is ranked better than
63.22% of 484 companies
in the Asset Management industry
Industry Median: 45.62 vs WAR:QRS: 376.58

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


Quercus TFI  (WAR:QRS) 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 .


Quercus TFI Interest Coverage Related Terms


Quercus TFI Interest Coverage Historical Data

* Premium members only.

The historical data trend for Quercus TFI'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.

Quercus TFI Interest Coverage Chart

Quercus TFI 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 517.59 114.71 118.22 326.69 385.32

Quercus TFI 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 245.44 429.16 310.67 542.25 276.57

WAR:QRS vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI Interest Coverage vs Asset Management Industry

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

* The bar in red indicates where Quercus TFI's Interest Coverage falls into.


WAR:QRS
96GF Score
Quercus TFI SA WAR:QRS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quercus TFI 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.

Quercus TFI'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, Quercus TFI's Interest Expense was zł-0.2 Mil. Its Operating Income was zł70.9 Mil. And its Long-Term Debt & Capital Lease Obligation was zł4.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*70.898/-0.184
=385.32

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

Here, for the three months ended in Mar. 2026, Quercus TFI's Interest Expense was zł-0.1 Mil. Its Operating Income was zł19.4 Mil. And its Long-Term Debt & Capital Lease Obligation was zł3.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*19.36/-0.07
=276.57

* 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 276.57 mean?
Quercus TFI (WAR:QRS) has a Interest Coverage of 276.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Quercus TFI and its competitors. This is 39% below median its historical median of 451.46. Over the past decade, Quercus TFI's Interest Coverage has ranged from 114.71 to 19,544.00. According to the industry distribution chart, Quercus TFI ranks #178 out of 484 companies in the Asset Management industry, placing it in the top 36.8%.
Is Quercus TFI's Interest Coverage too high?
Quercus TFI's current Interest Coverage of 276.57 is 39% below median its 10-year median of 451.46. Over the past 10 years, this metric has ranged from a low of 114.71 to a high of 19,544.00. The Asset Management industry median Interest Coverage is 45.62. Quercus TFI's value of 276.57 is 506.2% above this industry median. Based on the distribution chart, Quercus TFI ranks #178 out of 484 companies in the Asset Management industry, which is above the industry midpoint. Overall, Quercus TFI has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Interest Coverage compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #178 out of 484 companies for Interest Coverage. This puts Quercus TFI in the upper half of its industry. The industry median Interest Coverage is 45.62. Quercus TFI's value of 276.57 is 506.2% above this benchmark. Historically, Quercus TFI's own Interest Coverage has ranged from 114.71 to 19,544.00 over the past decade. While the company's 10-year median is 451.46 vs. the industry median of 45.62, Quercus TFI 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 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. Quercus TFI's current Interest Coverage of 276.57 is 506.2% 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 Quercus TFI 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. Quercus TFI's current Interest Coverage is 276.57, which is 39% below median its own 10-year median of 451.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.38, compared to a current price of zł13.06 — trading 9.2% below its estimated fair value. The current Interest Coverage is 276.57, which is 39% below median its 10-year median of 451.46 and 506.2% above the Asset Management industry median of 45.62. Quercus TFI's overall GF Score™ is 96/100 with 2 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 Quercus TFI (WAR:QRS), the current Interest Coverage is 276.57 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 Quercus TFI (WAR:QRS) Overvalued in 2026?

Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued. The current stock price of zł13.06 is trading 9.2% below its estimated GF Value™ of zł14.38. GuruFocus considers Quercus TFI to be Fairly Valued.

Key valuation signals for WAR:QRS:

  • Interest Coverage: 276.57 (39% below median its 10-year median of 451.46)
  • GF Value™: zł14.38 vs. price of zł13.06 (9.2% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 506.2% above the Asset Management median (#178 of 484)

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


Quercus TFI Business Description

Other Exchanges 85R:Germany
Address ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
96GF Score

Get the complete analysis for WAR:QRS

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

zł13.06
Price
zł14.38
GF Value