Sunray Engineering Group (HKSE:08616) Interest Coverage: 11.42 (As of Mar. 2026) — 73% Below Median

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What is Sunray Engineering Group Interest Coverage?

Sunray Engineering Group HKSE:08616 Interest Coverage is 11.42 as of Mar. 2026, which is 73% below its 10-year median of 42.91. The stock has 8 warning signs investors should review. Among 1,364 Construction companies, Sunray Engineering Group ranks better than 53.89% 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. Sunray Engineering Group's Operating Income for the six months ended in Mar. 2026 was HK$3.6 Mil. Sunray Engineering Group's Interest Expense for the six months ended in Mar. 2026 was HK$-0.3 Mil. Sunray Engineering Group's interest coverage for the quarter that ended in Mar. 2026 was 11.42. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:08616' s Interest Coverage Range Over the Past 10 Years
Min: 0.89   Med: 42.91   Max: 475.56
Current: 9.47


HKSE:08616's Interest Coverage is ranked better than
53.89% of 1364 companies
in the Construction industry
Industry Median: 7.9 vs HKSE:08616: 9.47

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


Sunray Engineering Group  (HKSE:08616) 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 .


Sunray Engineering Group Interest Coverage Related Terms


Sunray Engineering Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sunray Engineering 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.

Sunray Engineering Group Interest Coverage Chart

Sunray Engineering Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 42.91 8.98 0.97 0.89 9.47

Sunray Engineering Group Semi-Annual Data
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 1.13 0.00 5.46 7.91 11.42

HKSE:08616 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Sunray Engineering 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.


Sunray Engineering Group Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Sunray Engineering Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sunray Engineering Group's Interest Coverage falls into.



Sunray Engineering 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.

Sunray Engineering Group'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, Sunray Engineering Group's Interest Expense was HK$-0.7 Mil. Its Operating Income was HK$6.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6.647/-0.702
=9.47

Sunray Engineering Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Sunray Engineering Group's Interest Expense was HK$-0.3 Mil. Its Operating Income was HK$3.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3.553/-0.311
=11.42

* 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 11.42 mean?
Sunray Engineering Group (HKSE:08616) has a Interest Coverage of 11.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunray Engineering Group and its competitors. This is 73% below median its historical median of 42.91. Over the past decade, Sunray Engineering Group's Interest Coverage has ranged from 0.89 to 475.56. According to the industry distribution chart, Sunray Engineering Group ranks #629 out of 1364 companies in the Construction industry, placing it in the top 46.1%.
Is Sunray Engineering Group's Interest Coverage too high?
Sunray Engineering Group's current Interest Coverage of 11.42 is 73% below median its 10-year median of 42.91. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 475.56. The Construction industry median Interest Coverage is 7.90. Sunray Engineering Group's value of 11.42 is 44.6% above this industry median. Based on the distribution chart, Sunray Engineering Group ranks #629 out of 1364 companies in the Construction industry, which is above the industry midpoint.
How does Sunray Engineering Group's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Sunray Engineering Group ranks #629 out of 1364 companies for Interest Coverage. This puts Sunray Engineering Group in the upper half of its industry. The industry median Interest Coverage is 7.90. Sunray Engineering Group's value of 11.42 is 44.6% above this benchmark. Historically, Sunray Engineering Group's own Interest Coverage has ranged from 0.89 to 475.56 over the past decade. While the company's 10-year median is 42.91 vs. the industry median of 7.90, Sunray Engineering Group 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 Construction company?
The median Interest Coverage among Construction companies is 7.90, based on 1,364 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. Sunray Engineering Group's current Interest Coverage of 11.42 is 44.6% 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 Sunray Engineering Group and its competitors. For the Construction industry, the median Interest Coverage is 7.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunray Engineering Group's current Interest Coverage is 11.42, which is 73% below median its own 10-year median of 42.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunray Engineering Group stock overvalued right now?
Based on GuruFocus' analysis, Sunray Engineering Group (HKSE:08616) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.07 — trading 75% above its estimated fair value. The current Interest Coverage is 11.42, which is 73% below median its 10-year median of 42.91 and 44.6% above the Construction industry median of 7.90. 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 Sunray Engineering Group (HKSE:08616), the current Interest Coverage is 11.42 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.

Sunray Engineering Group Business Description

Address 501-503 Castle Peak Road, 5th Floor, International Industrial Building, Kowloon, Hong Kong, HKG
Sunray Engineering Group Ltd is an investment holding company. Along with its subsidiaries, it operates as a building protection solution provider principally engaged in the provision of building protection works and the supply of building protection products. Its reporting and operating segments are Provision of building protection works and Supply of building protection products. The majority of the group's revenue is generated from the provision of building protection works, which refers to the selection and use of appropriate building protection products in a building for protection against water, thermal, acoustic, and fire. Geographically, the group generates maximum revenue from Hong Kong, followed by Macau and Mainland China.