ObjectiveASX:OCL +2.54%97 Interest Coverage is 76.32 as of Dec. 2025, which is 92% below its 10-year median of 923.27. GuruFocus rates ASX:OCL with a GF Score™ of 97/100 and a GF Value™ of A$16.53 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,707 Software companies, Objective ranks better than 87.7% 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. Objective's
Operating Income
for the
six
months ended in Dec. 2025 was A$22.6 Mil. Objective's Interest Expense for the
six
months ended in Dec. 2025 was A$-0.3 Mil.
Objective's interest coverage for the quarter that ended in Dec. 2025 was 76.32.
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. Objective Corp Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Objective's Interest Coverage or its related term are showing as below:
ASX:OCL'
s Interest Coverage Range Over the Past 10 Years
Min: 16.05 Med: 923.27 Max: No Debt
Current: 4456.33
ASX:OCL's Interest Coverage is ranked better than 87.7% of 1707
companies
in the Software industry
Industry Median: 24.65
vs ASX:OCL: 4456.33
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 .
Objective Interest Coverage Related Terms
Objective Interest Coverage Historical Data
* Premium members only.
The historical data trend for Objective'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.
ASX:OCL vs CRM, SHOP, UBER: Interest Coverage Comparison
For the Software - Application subindustry, Objective'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.
Objective Interest Coverage vs Software Industry
For the Software industry and Technology sector, Objective's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Objective's Interest Coverage falls into.
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.
Objective (ASX:OCL) has a Interest Coverage of 76.32 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Objective and its competitors. This is 92% below median its historical median of 923.27. Over the past decade, Objective's Interest Coverage has ranged from 16.05 to 10,000.00. According to the industry distribution chart, Objective ranks #210 out of 1707 companies in the Software industry, placing it in the top 12.3%.
Is Objective's Interest Coverage too high?
Objective's current Interest Coverage of 76.32 is 92% below median its 10-year median of 923.27. Over the past 10 years, this metric has ranged from a low of 16.05 to a high of 10,000.00. The Software industry median Interest Coverage is 24.65. Objective's value of 76.32 is 209.6% above this industry median. Based on the distribution chart, Objective ranks #210 out of 1707 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Objective has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Objective's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Objective ranks #210 out of 1707 companies for Interest Coverage. This places Objective in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.65. Objective's value of 76.32 is 209.6% above this benchmark. Historically, Objective's own Interest Coverage has ranged from 16.05 to 10,000.00 over the past decade. While the company's 10-year median is 923.27 vs. the industry median of 24.65, Objective 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 a Software company?
The median Interest Coverage among Software companies is 24.65, based on 1,707 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. Objective's current Interest Coverage of 76.32 is 209.6% 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 Objective and its competitors. For the Software industry, the median Interest Coverage is 24.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Objective's current Interest Coverage is 76.32, which is 92% below median its own 10-year median of 923.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Objective stock overvalued right now?
Based on GuruFocus' analysis, Objective (ASX:OCL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$16.53, compared to a current price of A$10.49 — trading 36.5% below its estimated fair value. The current Interest Coverage is 76.32, which is 92% below median its 10-year median of 923.27 and 209.6% above the Software industry median of 24.65. Objective's overall GF Score™ is 97/100 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 Objective (ASX:OCL), the current Interest Coverage is 76.32 as of Dec. 2025. 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 Objective (ASX:OCL) Overvalued in 2026?
Based on GuruFocus' analysis, Objective stock appears to be undervalued.
The current stock price of A$10.49 is trading 36.5% below its estimated GF Value™ of A$16.53.
GuruFocus considers Objective to be Significantly Undervalued.
Key valuation signals for ASX:OCL:
Interest Coverage: 76.32 (92% below median its 10-year median of 923.27)
GF Value™: A$16.53 vs. price of A$10.49 (36.5% below fair value)
Industry Position: 209.6% above the Software median (#210 of 1707)
No single metric tells the full story. See the ASX:OCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Objective is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.
97GF Score
Get the complete analysis for ASX:OCL
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:OCL has been successfully added to your 
