Asia Grocery Distribution (HKSE:08413) Interest Coverage: 3.68 (As of Mar. 2026) — 92% Below Median

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What is Asia Grocery Distribution Interest Coverage?

Asia Grocery Distribution HKSE:08413 +1.89% Interest Coverage is 3.68 as of Mar. 2026, which is 92% below its 10-year median of 45.12. The stock has 1 warning sign investors should review. Among 250 Retail - Defensive companies, Asia Grocery Distribution ranks worse than 399999.6% 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. Asia Grocery Distribution's Operating Income for the six months ended in Mar. 2026 was HK$0.6 Mil. Asia Grocery Distribution's Interest Expense for the six months ended in Mar. 2026 was HK$-0.2 Mil. Asia Grocery Distribution's interest coverage for the quarter that ended in Mar. 2026 was 3.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asia Grocery Distribution's Interest Coverage or its related term are showing as below:


HKSE:08413's Interest Coverage is not ranked *
in the Retail - Defensive industry.
Industry Median: 8.7
* 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.


Asia Grocery Distribution  (HKSE:08413) 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 .


Asia Grocery Distribution Interest Coverage Related Terms


Asia Grocery Distribution Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asia Grocery Distribution'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.

Asia Grocery Distribution Interest Coverage Chart

Asia Grocery Distribution Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.25 0.00

Asia Grocery Distribution Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 Premium Member Only Premium Member Only 0.00 0.00 15.52 0.00 3.68

HKSE:08413 vs SYY, USFD, PFGC: Interest Coverage Comparison

For the Food Distribution subindustry, Asia Grocery Distribution'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.


Asia Grocery Distribution Interest Coverage vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Asia Grocery Distribution's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asia Grocery Distribution's Interest Coverage falls into.



Asia Grocery Distribution 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.

Asia Grocery Distribution'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, Asia Grocery Distribution's Interest Expense was HK$-0.4 Mil. Its Operating Income was HK$-1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$4.4 Mil.

Asia Grocery Distribution did not have earnings to cover the interest expense.

Asia Grocery Distribution's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Asia Grocery Distribution's Interest Expense was HK$-0.2 Mil. Its Operating Income was HK$0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$4.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.585/-0.159
=3.68

* 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 3.68 mean?
Asia Grocery Distribution (HKSE:08413) has a Interest Coverage of 3.68 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asia Grocery Distribution and its competitors. This is 92% below median its historical median of 45.12. According to the industry distribution chart, Asia Grocery Distribution ranks #999999 out of 250 companies in the Retail - Defensive industry.
Is Asia Grocery Distribution's Interest Coverage too high?
Asia Grocery Distribution's current Interest Coverage of 3.68 is 92% below median its 10-year median of 45.12. The Retail - Defensive industry median Interest Coverage is 8.70. Asia Grocery Distribution's value of 3.68 is 57.7% below this industry median. Based on the distribution chart, Asia Grocery Distribution ranks #999999 out of 250 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers.
How does Asia Grocery Distribution's Interest Coverage compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Asia Grocery Distribution ranks #999999 out of 250 companies for Interest Coverage. This places Asia Grocery Distribution in the lower half of its industry. The industry median Interest Coverage is 8.70. Asia Grocery Distribution's value of 3.68 is 57.7% below this benchmark. While the company's 10-year median is 45.12 vs. the industry median of 8.70, Asia Grocery Distribution 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 Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.70, based on 250 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. Asia Grocery Distribution's current Interest Coverage of 3.68 is 57.7% 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 Asia Grocery Distribution and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Grocery Distribution's current Interest Coverage is 3.68, which is 92% below median its own 10-year median of 45.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Grocery Distribution stock overvalued right now?
Based on GuruFocus' analysis, Asia Grocery Distribution (HKSE:08413) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.12, compared to a current price of HK$0.05 — trading 55% below its estimated fair value. The current Interest Coverage is 3.68, which is 92% below median its 10-year median of 45.12 and 57.7% below the Retail - Defensive industry median of 8.70. 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 Asia Grocery Distribution (HKSE:08413), the current Interest Coverage is 3.68 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.

Asia Grocery Distribution Business Description

Address No. 22 Sze Shan Street, The Whole of Upper Ground Floor, Mai Tong Industrial Building, Kowloon, Hong Kong, HKG
Asia Grocery Distribution Ltd is engaged in distributing food and beverage groceries to a wide array of customers, including restaurants, non-commercial dining establishments, hotels, private clubs, food processing operators, and wholesalers in Hong Kong. It also offers Kitchen and hygiene products, including food wrap and food-related products such as cling film, baking sheet, and foil, cleaning products such as detergent, bleach, and liquid soap, and others such as tissue paper, toothpicks, and towels, hygiene products such as face masks and gloves. The company distributes its products to Hong Kong, China, Greece, and Italy.