Migao Group Holdings (HKSE:09879) Interest Coverage: 29.47 (As of Mar. 2026) — 38% Above Median

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HKSE:09879 Migao Group Holdings Ltd HKSE:09879
44 GF Score
Price HK$9.49
! 6 Warning Signs
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What is Migao Group Holdings Interest Coverage?

Migao Group Holdings HKSE:09879 +1.28% 44 Interest Coverage is 29.47 as of Mar. 2026, which is 38% above its 10-year median of 21.35. GuruFocus rates HKSE:09879 with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 202 Agriculture companies, Migao Group Holdings ranks better than 70.79% 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. Migao Group Holdings's Operating Income for the six months ended in Mar. 2026 was HK$370 Mil. Migao Group Holdings's Interest Expense for the six months ended in Mar. 2026 was HK$-13 Mil. Migao Group Holdings's interest coverage for the quarter that ended in Mar. 2026 was 29.47. The higher the ratio, the stronger the company's financial strength is.

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

HKSE:09879' s Interest Coverage Range Over the Past 10 Years
Min: 11.75   Med: 21.35   Max: 44.96
Current: 20.07


HKSE:09879's Interest Coverage is ranked better than
70.79% of 202 companies
in the Agriculture industry
Industry Median: 7.205 vs HKSE:09879: 20.07

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


Migao Group Holdings  (HKSE:09879) 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 .


Migao Group Holdings Interest Coverage Related Terms


Migao Group Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Migao Group 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.

Migao Group Holdings Interest Coverage Chart

Migao Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 44.96 31.17 17.61 22.79 19.90

Migao Group Holdings Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 25.97 9.33 38.66 11.19 29.47

HKSE:09879 vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Migao Group 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.


Migao Group Holdings Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Migao Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Migao Group Holdings's Interest Coverage falls into.


HKSE:09879
44GF Score
Migao Group Holdings Ltd HKSE:09879
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Migao Group 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.

Migao Group 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, Migao Group Holdings's Interest Expense was HK$-26 Mil. Its Operating Income was HK$524 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$197 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*523.955/-26.333
=19.90

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

Here, for the six months ended in Mar. 2026, Migao Group Holdings's Interest Expense was HK$-13 Mil. Its Operating Income was HK$370 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$197 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*369.699/-12.547
=29.47

* 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 29.47 mean?
Migao Group Holdings (HKSE:09879) has a Interest Coverage of 29.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Migao Group Holdings and its competitors. This is 38% above median its historical median of 21.35. Over the past decade, Migao Group Holdings' Interest Coverage has ranged from 11.75 to 44.96. According to the industry distribution chart, Migao Group Holdings ranks #59 out of 202 companies in the Agriculture industry, placing it in the top 29.2%.
Is Migao Group Holdings' Interest Coverage too high?
Migao Group Holdings' current Interest Coverage of 29.47 is 38% above median its 10-year median of 21.35. Over the past 10 years, this metric has ranged from a low of 11.75 to a high of 44.96. The Agriculture industry median Interest Coverage is 7.21. Migao Group Holdings' value of 29.47 is 309% above this industry median. Based on the distribution chart, Migao Group Holdings ranks #59 out of 202 companies in the Agriculture industry, which is above the industry midpoint. Overall, Migao Group Holdings has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Migao Group Holdings' Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Migao Group Holdings ranks #59 out of 202 companies for Interest Coverage. This puts Migao Group Holdings in the upper half of its industry. The industry median Interest Coverage is 7.21. Migao Group Holdings' value of 29.47 is 309% above this benchmark. Historically, Migao Group Holdings' own Interest Coverage has ranged from 11.75 to 44.96 over the past decade. While the company's 10-year median is 21.35 vs. the industry median of 7.21, Migao Group 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 Agriculture company?
The median Interest Coverage among Agriculture companies is 7.21, based on 202 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. Migao Group Holdings's current Interest Coverage of 29.47 is 309% 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 Migao Group Holdings and its competitors. For the Agriculture industry, the median Interest Coverage is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migao Group Holdings's current Interest Coverage is 29.47, which is 38% above median its own 10-year median of 21.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migao Group Holdings stock overvalued right now?
Migao Group Holdings (HKSE:09879) has a current Interest Coverage of 29.47. The current Interest Coverage is 29.47, which is 38% above median its 10-year median of 21.35 and 309% above the Agriculture industry median of 7.21. Migao Group Holdings' overall GF Score™ is 44/100 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 Migao Group Holdings (HKSE:09879), the current Interest Coverage is 29.47 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.

Migao Group Holdings Business Description

Address Qingzhou Development Zone, East Park, Cangjiang Industrial Park, Gaoming District, Foshan, CHN
Migao Group Holdings Ltd is a national potash fertilizer company in China with sourcing and procurement, processing, and manufacturing. It sells various potash fertilizer products, including KCL, SOP, NOP, and compound fertilizers and Others. Geographically, the company generates a majority of its revenue from its business in the People's Republic of China.
44GF Score

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