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. Hong Kong Exchanges and Clearing's
Operating Income
for the
three
months ended in Mar. 2026 was $630 Mil. Hong Kong Exchanges and Clearing's Interest Expense for the
three
months ended in Mar. 2026 was $-3 Mil.
Hong Kong Exchanges and Clearing's interest coverage for the quarter that ended in Mar. 2026 was 224.08.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Hong Kong Exchanges and Clearing's Interest Coverage or its related term are showing as below:
HKXCF'
s Interest Coverage Range Over the Past 10 Years
Min: 1.39 Med: 7.25 Max: 92.74
Current: 2.58
HKXCF's Interest Coverage is ranked worse than 76.51% of 430
companies
in the Capital Markets industry
Industry Median: 19.375
vs HKXCF: 2.58
Hong Kong Exchanges and Clearing (OTCPK:HKXCF) 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 .
Hong Kong Exchanges and Clearing Interest Coverage Related Terms
Hong Kong Exchanges and Clearing Interest Coverage Historical Data
* 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.
Hong Kong Exchanges and Clearing Interest Coverage Chart
HKXCF vs SPGI, CME, ICE: Interest Coverage Comparison
For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.
Hong Kong Exchanges and Clearing Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hong Kong Exchanges and Clearing's Interest Coverage falls into.
Hong Kong Exchanges and Clearing 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:
* 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.
Hong Kong Exchanges and Clearing (HKXCF) has a Interest Coverage of 224.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hong Kong Exchanges and Clearing and its competitors. This is 2991% above median its historical median of 7.25. Over the past decade, Hong Kong Exchanges and Clearing's Interest Coverage has ranged from 1.39 to 92.74. According to the industry distribution chart, Hong Kong Exchanges and Clearing ranks #329 out of 430 companies in the Capital Markets industry, placing it in the top 76.5%.
Is Hong Kong Exchanges and Clearing's Interest Coverage too high?
Hong Kong Exchanges and Clearing's current Interest Coverage of 224.08 is 2991% above median its 10-year median of 7.25. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 92.74. The Capital Markets industry median Interest Coverage is 19.38. Hong Kong Exchanges and Clearing's value of 224.08 is 1056.5% above this industry median. Based on the distribution chart, Hong Kong Exchanges and Clearing ranks #329 out of 430 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Hong Kong Exchanges and Clearing has a GF Scoreâ„¢ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hong Kong Exchanges and Clearing's Interest Coverage compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Hong Kong Exchanges and Clearing ranks #329 out of 430 companies for Interest Coverage. This places Hong Kong Exchanges and Clearing in the lower half of its industry. The industry median Interest Coverage is 19.38. Hong Kong Exchanges and Clearing's value of 224.08 is 1056.5% above this benchmark. Historically, Hong Kong Exchanges and Clearing's own Interest Coverage has ranged from 1.39 to 92.74 over the past decade. While the company's 10-year median is 7.25 vs. the industry median of 19.38, Hong Kong Exchanges and Clearing 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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. Hong Kong Exchanges and Clearing's current Interest Coverage of 224.08 is 1056.5% 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 Hong Kong Exchanges and Clearing and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hong Kong Exchanges and Clearing's current Interest Coverage is 224.08, which is 2991% above median its own 10-year median of 7.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hong Kong Exchanges and Clearing stock overvalued right now?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing (HKXCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.77, compared to a current price of $46.40 — trading 26.1% below its estimated fair value. The current Interest Coverage is 224.08, which is 2991% above median its 10-year median of 7.25 and 1056.5% above the Capital Markets industry median of 19.38. Hong Kong Exchanges and Clearing's overall GF Score™ is 89/100 with 5 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 Hong Kong Exchanges and Clearing (HKXCF), the current Interest Coverage is 224.08 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 Hong Kong Exchanges and Clearing (HKXCF) Overvalued in 2026?
Based on GuruFocus' analysis, Hong Kong Exchanges and Clearing stock appears to be undervalued.
The current stock price of $46.40 is trading 26.1% below its estimated GF Value™ of $62.77.
GuruFocus considers Hong Kong Exchanges and Clearing to be Modestly Undervalued.
Key valuation signals for HKXCF:
Interest Coverage: 224.08 (2991% above median its 10-year median of 7.25)
GF Value™: $62.77 vs. price of $46.40 (26.1% below fair value)
Industry Position: 1056.5% above the Capital Markets median (#329 of 430)
No single metric tells the full story. See the HKXCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hong Kong Exchanges and Clearing Business Description
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
89GF Score
Get the complete analysis for HKXCF
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