Asiaray Media Group (HKSE:01993) Interest Coverage: 4.10 (As of Dec. 2025) — 1223% Above Median

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HKSE:01993 Asiaray Media Group Ltd HKSE:01993
32 GF Score
Price HK$0.50
GF Value HK$0.56
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Asiaray Media Group Interest Coverage?

Asiaray Media Group HKSE:01993 +6.38% 32 Interest Coverage is 4.10 as of Dec. 2025, which is 1223% above its 10-year median of 0.31. GuruFocus rates HKSE:01993 with a GF Score™ of 32/100 and a GF Value™ of HK$0.56 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 607 Media - Diversified companies, Asiaray Media Group ranks worse than 80.72% 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. Asiaray Media Group's Operating Income for the six months ended in Dec. 2025 was HK$84 Mil. Asiaray Media Group's Interest Expense for the six months ended in Dec. 2025 was HK$-21 Mil. Asiaray Media Group's interest coverage for the quarter that ended in Dec. 2025 was 4.10. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Asiaray Media Group Ltd interest coverage is 2.21, which is low.

The historical rank and industry rank for Asiaray Media Group's Interest Coverage or its related term are showing as below:

HKSE:01993' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 0.31   Max: 20.82
Current: 2.21


HKSE:01993's Interest Coverage is ranked worse than
80.72% of 607 companies
in the Media - Diversified industry
Industry Median: 11.67 vs HKSE:01993: 2.21

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


Asiaray Media Group  (HKSE:01993) 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 .


Asiaray Media Group Interest Coverage Related Terms


Asiaray Media Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asiaray Media Group'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.

Asiaray Media Group Interest Coverage Chart

Asiaray Media Group 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 0.15 0.00 0.31 0.01 2.20

Asiaray Media Group 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 0.40 0.58 0.00 0.90 4.10

HKSE:01993 vs APP, OMC, TTD: Interest Coverage Comparison

For the Advertising Agencies subindustry, Asiaray Media Group'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.


Asiaray Media Group Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Asiaray Media Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asiaray Media Group's Interest Coverage falls into.


HKSE:01993
32GF Score
Asiaray Media Group Ltd HKSE:01993
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asiaray Media Group 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.

Asiaray Media Group'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, Asiaray Media Group's Interest Expense was HK$-51 Mil. Its Operating Income was HK$111 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$380 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*111.45/-50.727
=2.20

Asiaray Media Group's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Asiaray Media Group's Interest Expense was HK$-21 Mil. Its Operating Income was HK$84 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$380 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*84.254/-20.555
=4.10

* 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 4.10 mean?
Asiaray Media Group (HKSE:01993) has a Interest Coverage of 4.10 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asiaray Media Group and its competitors. This is 1223% above median its historical median of 0.31. Over the past decade, Asiaray Media Group's Interest Coverage has ranged from 0.01 to 20.82. According to the industry distribution chart, Asiaray Media Group ranks #490 out of 607 companies in the Media - Diversified industry, placing it in the top 80.7%.
Is Asiaray Media Group's Interest Coverage too high?
Asiaray Media Group's current Interest Coverage of 4.10 is 1223% above median its 10-year median of 0.31. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 20.82. The Media - Diversified industry median Interest Coverage is 11.67. Asiaray Media Group's value of 4.10 is 64.9% below this industry median. Based on the distribution chart, Asiaray Media Group ranks #490 out of 607 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's Interest Coverage compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Asiaray Media Group ranks #490 out of 607 companies for Interest Coverage. This places Asiaray Media Group in the lower half of its industry. The industry median Interest Coverage is 11.67. Asiaray Media Group's value of 4.10 is 64.9% below this benchmark. Historically, Asiaray Media Group's own Interest Coverage has ranged from 0.01 to 20.82 over the past decade. While the company's 10-year median is 0.31 vs. the industry median of 11.67, Asiaray Media Group has consistently been below 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.67, based on 607 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. Asiaray Media Group's current Interest Coverage of 4.10 is 64.9% below 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 Asiaray Media Group and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiaray Media Group's current Interest Coverage is 4.10, which is 1223% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.50 — trading 10.7% below its estimated fair value. The current Interest Coverage is 4.10, which is 1223% above median its 10-year median of 0.31 and 64.9% below the Media - Diversified industry median of 11.67. Asiaray Media Group's overall GF Score™ is 32/100 with 6 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 Asiaray Media Group (HKSE:01993), the current Interest Coverage is 4.10 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 Asiaray Media Group (HKSE:01993) Overvalued in 2026?

Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued. The current stock price of HK$0.50 is trading 10.7% below its estimated GF Value™ of HK$0.56. GuruFocus considers Asiaray Media Group to be Modestly Undervalued.

Key valuation signals for HKSE:01993:

  • Interest Coverage: 4.10 (1223% above median its 10-year median of 0.31)
  • GF Value™: HK$0.56 vs. price of HK$0.50 (10.7% below fair value)
  • GF Score™: 32/100 with 6 warning signs
  • Industry Position: 64.9% below the Media - Diversified median (#490 of 607)

No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asiaray Media Group Business Description

Address 1 Kornhill Road, 16th Floor, Kornhill Plaza - Office Tower, Quarry Bay, Hong Kong, HKG
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score

Get the complete analysis for HKSE:01993

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

HK$0.50
Price
HK$0.56
GF Value