HGKGF (Power Assets Holdings) Interest Coverage: 29.68 (As of Dec. 2025) — 27% Below Median


HGKGF Power Assets Holdings Ltd HGKGF
67 GF Score
Price $8.57
GF Value $4.25
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Power Assets Holdings Interest Coverage?

Power Assets Holdings HGKGF 67 Interest Coverage is 29.68 as of Dec. 2025, which is 27% below its 10-year median of 40.91. GuruFocus rates HGKGF with a GF Score™ of 67/100 and a GF Value™ of $4.25 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Power Assets Holdings ranks better than 91.9% 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. Power Assets Holdings's Operating Income for the six months ended in Dec. 2025 was $442.5 Mil. Power Assets Holdings's Interest Expense for the six months ended in Dec. 2025 was $-14.9 Mil. Power Assets Holdings's interest coverage for the quarter that ended in Dec. 2025 was 29.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Power Assets Holdings's Interest Coverage or its related term are showing as below:

HGKGF' s Interest Coverage Range Over the Past 10 Years
Min: 23.89   Med: 40.91   Max: 72.41
Current: 28.78


HGKGF's Interest Coverage is ranked better than
91.9% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs HGKGF: 28.78

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


Power Assets Holdings  (OTCPK:HGKGF) 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 .


Power Assets Holdings Interest Coverage Related Terms


Power Assets Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Power Assets Holdings'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.

Power Assets Holdings Interest Coverage Chart

Power Assets Holdings 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 48.23 57.14 42.65 37.36 28.78

Power Assets Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 44.21 38.65 36.20 27.84 29.68

HGKGF vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, Power Assets Holdings'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.


Power Assets Holdings Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Power Assets Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Power Assets Holdings's Interest Coverage falls into.


HGKGF
67GF Score
Power Assets Holdings Ltd HGKGF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Power Assets Holdings 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.

Power Assets Holdings'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, Power Assets Holdings's Interest Expense was $-29.3 Mil. Its Operating Income was $843.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $246.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*843.229/-29.303
=28.78

Power Assets Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Power Assets Holdings's Interest Expense was $-14.9 Mil. Its Operating Income was $442.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $246.8 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*442.499/-14.908
=29.68

* 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 29.68 mean?
Power Assets Holdings (HGKGF) has a Interest Coverage of 29.68 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Power Assets Holdings and its competitors. This is 27% below median its historical median of 40.91. Over the past decade, Power Assets Holdings' Interest Coverage has ranged from 23.89 to 72.41. According to the industry distribution chart, Power Assets Holdings ranks #26 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 8.1%.
Is Power Assets Holdings' Interest Coverage too high?
Power Assets Holdings' current Interest Coverage of 29.68 is 27% below median its 10-year median of 40.91. Over the past 10 years, this metric has ranged from a low of 23.89 to a high of 72.41. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Power Assets Holdings' value of 29.68 is 971.5% above this industry median. Based on the distribution chart, Power Assets Holdings ranks #26 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Power Assets Holdings has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Power Assets Holdings' Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Power Assets Holdings ranks #26 out of 321 companies for Interest Coverage. This places Power Assets Holdings in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 2.77. Power Assets Holdings' value of 29.68 is 971.5% above this benchmark. Historically, Power Assets Holdings' own Interest Coverage has ranged from 23.89 to 72.41 over the past decade. While the company's 10-year median is 40.91 vs. the industry median of 2.77, Power Assets Holdings 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, 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. Power Assets Holdings's current Interest Coverage of 29.68 is 971.5% 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 Power Assets Holdings and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Assets Holdings's current Interest Coverage is 29.68, which is 27% below median its own 10-year median of 40.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Assets Holdings stock overvalued right now?
Based on GuruFocus' analysis, Power Assets Holdings (HGKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.25, compared to a current price of $8.57 — trading 101.6% above its estimated fair value. The current Interest Coverage is 29.68, which is 27% below median its 10-year median of 40.91 and 971.5% above the Utilities - Independent Power Producers industry median of 2.77. Power Assets Holdings' overall GF Score™ is 67/100 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 Power Assets Holdings (HGKGF), the current Interest Coverage is 29.68 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 Power Assets Holdings (HGKGF) Overvalued in 2026?

Based on GuruFocus' analysis, Power Assets Holdings stock appears to be overvalued. The current stock price of $8.57 is trading 101.6% above its estimated GF Value™ of $4.25. GuruFocus considers Power Assets Holdings to be Significantly Overvalued.

Key valuation signals for HGKGF:

  • Interest Coverage: 29.68 (27% below median its 10-year median of 40.91)
  • GF Value™: $4.25 vs. price of $8.57 (101.6% above fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 971.5% above the Utilities - Independent Power Producers median (#26 of 321)

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


Power Assets Holdings Business Description

Address 2 Queen\'s Road Central, Unit 2005, 20th Floor, Cheung Kong Center, Hong Kong, HKG
Power Assets Holdings is an investment holding company with a focus on regulated utility assets. The firm owns a portfolio of regulated electricity and gas assets and similarly stable utilities in Hong Kong, the UK, Australia, Canada, the Netherlands, Thailand, and New Zealand. Profit from its regulated assets contributes around 80% of total income, with earnings from its UK and Australian assets totaling around 65% of group profit. The firm is part of CK Hutchison Holdings, a Hong Kong-based multinational conglomerate, and is currently 36% owned by CKI Holdings.
67GF Score

Get the complete analysis for HGKGF

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

$8.57
Price
$4.25
GF Value