Asia-express Logistics Holdings (HKSE:08620) Interest Coverage: 3.37 (As of Mar. 2026) — Near Median

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HKSE:08620 Asia-express Logistics Holdings Ltd HKSE:08620
45 GF Score
Price HK$0.15
GF Value HK$0.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Asia-express Logistics Holdings Interest Coverage?

Asia-express Logistics Holdings HKSE:08620 45 Interest Coverage is 3.37 as of Mar. 2026, which is 6% below its 10-year median of 3.59. GuruFocus rates HKSE:08620 with a GF Score™ of 45/100 and a GF Value™ of HK$0.10 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 839 Transportation companies, Asia-express Logistics Holdings ranks worse than 63.05% 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-express Logistics Holdings's Operating Income for the six months ended in Mar. 2026 was HK$4.8 Mil. Asia-express Logistics Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$-1.4 Mil. Asia-express Logistics Holdings's interest coverage for the quarter that ended in Mar. 2026 was 3.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asia-express Logistics Holdings's Interest Coverage or its related term are showing as below:

HKSE:08620' s Interest Coverage Range Over the Past 10 Years
Min: 0.61   Med: 3.59   Max: 26.71
Current: 3.65


HKSE:08620's Interest Coverage is ranked worse than
63.05% of 839 companies
in the Transportation industry
Industry Median: 5.65 vs HKSE:08620: 3.65

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-express Logistics Holdings  (HKSE:08620) 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-express Logistics Holdings Interest Coverage Related Terms


Asia-express Logistics Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asia-express Logistics 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.

Asia-express Logistics Holdings Interest Coverage Chart

Asia-express Logistics Holdings 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 1.28 0.88 3.65

Asia-express Logistics Holdings Semi-Annual Data
Mar17 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 0.00 3.86 0.00 4.19 3.37

Asia-express Logistics Holdings Interest Coverage Competitor Comparison

For the Airports & Air Services subindustry, Asia-express Logistics 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.


Asia-express Logistics Holdings Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Asia-express Logistics Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asia-express Logistics Holdings's Interest Coverage falls into.


HKSE:08620
45GF Score
Asia-express Logistics Holdings Ltd HKSE:08620
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia-express Logistics 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.

Asia-express Logistics Holdings'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-express Logistics Holdings's Interest Expense was HK$-2.2 Mil. Its Operating Income was HK$7.9 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$45.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7.863/-2.154
=3.65

Asia-express Logistics Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Asia-express Logistics Holdings's Interest Expense was HK$-1.4 Mil. Its Operating Income was HK$4.8 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$45.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.756/-1.412
=3.37

* 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 3.37 mean?
Asia-express Logistics Holdings (HKSE:08620) has a Interest Coverage of 3.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asia-express Logistics Holdings and its competitors. This is near median its historical median of 3.59. Over the past decade, Asia-express Logistics Holdings' Interest Coverage has ranged from 0.61 to 26.71. According to the industry distribution chart, Asia-express Logistics Holdings ranks #529 out of 839 companies in the Transportation industry, placing it in the top 63.1%.
Is Asia-express Logistics Holdings' Interest Coverage too high?
Asia-express Logistics Holdings' current Interest Coverage of 3.37 is near median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 26.71. The Transportation industry median Interest Coverage is 5.65. Asia-express Logistics Holdings' value of 3.37 is 40.4% below this industry median. Based on the distribution chart, Asia-express Logistics Holdings ranks #529 out of 839 companies in the Transportation industry, which is below the industry midpoint. Overall, Asia-express Logistics Holdings has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia-express Logistics Holdings' Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Asia-express Logistics Holdings ranks #529 out of 839 companies for Interest Coverage. This places Asia-express Logistics Holdings in the lower half of its industry. The industry median Interest Coverage is 5.65. Asia-express Logistics Holdings' value of 3.37 is 40.4% below this benchmark. Historically, Asia-express Logistics Holdings' own Interest Coverage has ranged from 0.61 to 26.71 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 5.65, Asia-express Logistics Holdings 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.65, based on 839 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-express Logistics Holdings's current Interest Coverage of 3.37 is 40.4% 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-express Logistics Holdings and its competitors. For the Transportation industry, the median Interest Coverage is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia-express Logistics Holdings's current Interest Coverage is 3.37, which is near median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia-express Logistics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asia-express Logistics Holdings (HKSE:08620) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.10, compared to a current price of HK$0.15 — trading 48% above its estimated fair value. The current Interest Coverage is 3.37, which is near median its 10-year median of 3.59 and 40.4% below the Transportation industry median of 5.65. Asia-express Logistics Holdings' overall GF Score™ is 45/100 with 3 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 Asia-express Logistics Holdings (HKSE:08620), the current Interest Coverage is 3.37 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.

Is Asia-express Logistics Holdings (HKSE:08620) Overvalued in 2026?

Based on GuruFocus' analysis, Asia-express Logistics Holdings stock appears to be overvalued. The current stock price of HK$0.15 is trading 48% above its estimated GF Value™ of HK$0.10. GuruFocus considers Asia-express Logistics Holdings to be Significantly Overvalued.

Key valuation signals for HKSE:08620:

  • Interest Coverage: 3.37 (near median its 10-year median of 3.59)
  • GF Value™: HK$0.10 vs. price of HK$0.15 (48% above fair value)
  • GF Score™: 45/100 with 3 warning signs
  • Industry Position: 40.4% below the Transportation median (#529 of 839)

No single metric tells the full story. See the HKSE:08620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia-express Logistics Holdings Business Description

Address 38-42 Kwai Fung Crescent, 3rd Floor, Magnet Place Tower 2, Kwai Chung, New Territories, Hong Kong, HKG
Asia-express Logistics Holdings Ltd is an air cargo ground handling services provider in Hong Kong. The company's air cargo ground handling services cover Air cargo terminal operation; Transportation; Warehousing and other value-added services. It provides services to express carriers; air cargo terminal operators, freight forwarders, and corporates domestically and regionally. The group's operations are mainly located in Hong Kong and the PRC, of which key revenue is generated from Air cargo terminal operation services in Hong Kong.
45GF Score

Get the complete analysis for HKSE:08620

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

HK$0.15
Price
HK$0.10
GF Value