Oceania Healthcare (ASX:OCA) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


ASX:OCA Oceania Healthcare Ltd ASX:OCA
47 GF Score
Price A$0.61
GF Value A$0.77
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Oceania Healthcare Interest Coverage?

Oceania Healthcare ASX:OCA 47 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates ASX:OCA with a GF Score™ of 47/100 and a GF Value™ of A$0.77 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 453 Healthcare Providers & Services companies, Oceania Healthcare ranks worse than 220750.33% 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. Oceania Healthcare's Operating Income for the six months ended in Mar. 2026 was A$-3.1 Mil. Oceania Healthcare's Interest Expense for the six months ended in Mar. 2026 was A$-9.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


ASX:OCA's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.98
* Ranked among companies with meaningful Interest Coverage only.

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


Oceania Healthcare  (ASX:OCA) 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 .


Oceania Healthcare Interest Coverage Related Terms


Oceania Healthcare Interest Coverage Historical Data

* Premium members only.

The historical data trend for Oceania Healthcare'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.

Oceania Healthcare Interest Coverage Chart

Oceania Healthcare Annual Data
Trend May17 May18 May19 May20 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Oceania Healthcare Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 0.00 0.00 0.00 0.00

ASX:OCA vs HCA, THC, DVA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Oceania Healthcare'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.


Oceania Healthcare Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oceania Healthcare's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Oceania Healthcare's Interest Coverage falls into.


ASX:OCA
47GF Score
Oceania Healthcare Ltd ASX:OCA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oceania Healthcare 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.

Oceania Healthcare's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Oceania Healthcare's Interest Expense was A$-20.9 Mil. Its Operating Income was A$-12.6 Mil. And its Long-Term Debt & Capital Lease Obligation was A$439.0 Mil.

Oceania Healthcare did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2026, Oceania Healthcare's Interest Expense was A$-9.3 Mil. Its Operating Income was A$-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation was A$439.0 Mil.

Oceania Healthcare did not have earnings to cover the 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.

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 0 (At Loss) mean?
Oceania Healthcare (ASX:OCA) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oceania Healthcare and its competitors. According to the industry distribution chart, Oceania Healthcare ranks #999999 out of 453 companies in the Healthcare Providers & Services industry.
Is Oceania Healthcare's Interest Coverage too high?
Oceania Healthcare's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Oceania Healthcare ranks #999999 out of 453 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Oceania Healthcare has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Oceania Healthcare's Interest Coverage compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Oceania Healthcare ranks #999999 out of 453 companies for Interest Coverage. This places Oceania Healthcare in the lower half of its industry. The industry median Interest Coverage is 7.98. 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 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. 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 Oceania Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceania Healthcare's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceania Healthcare stock overvalued right now?
Based on GuruFocus' analysis, Oceania Healthcare (ASX:OCA) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.77, compared to a current price of A$0.61 — trading 20.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Oceania Healthcare's overall GF Score™ is 47/100 with 4 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 Oceania Healthcare (ASX:OCA), the current Interest Coverage is 0 (At Loss) 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 Oceania Healthcare (ASX:OCA) Overvalued in 2026?

Based on GuruFocus' analysis, Oceania Healthcare stock appears to be undervalued. The current stock price of A$0.61 is trading 20.8% below its estimated GF Value™ of A$0.77. GuruFocus considers Oceania Healthcare to be Modestly Undervalued.

Key valuation signals for ASX:OCA:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: A$0.77 vs. price of A$0.61 (20.8% below fair value)
  • GF Score™: 47/100 with 4 warning signs

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


Oceania Healthcare Business Description

Other Exchanges OCA:New Zealand
Address 188 Quay Street, Level 26, HSBC Tower, Auckland, NTL, NZL, 1010
Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and other segments. The company generates maximum revenue from the care operations segment, which includes traditional care beds and care suites as well as the provision of accommodation, care, care packages, meals, and related services to aged care residents. Geographically, it operates throughout New Zealand. The company derives revenue from Rest homes, hospitals, dementia fees, and others.
47GF Score

Get the complete analysis for ASX:OCA

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

A$0.61
Price
A$0.77
GF Value