MGN (Megan Holdings) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


MGN Megan Holdings Ltd MGN
24 GF Score
Price $0.18
! 4 Warning Signs
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What is Megan Holdings Interest Coverage?

Megan Holdings MGN -5.55% 24 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates MGN with a GF Score™ of 24/100. The stock has 4 warning signs investors should review. Among 1,354 Construction companies, Megan Holdings ranks better than 68.91% 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. Megan Holdings's Operating Income for the six months ended in Dec. 2025 was $-0.56 Mil. Megan Holdings's Interest Expense for the six months ended in Dec. 2025 was $-0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

MGN' s Interest Coverage Range Over the Past 10 Years
Min: 21.5   Med: 5170.6   Max: No Debt
Current: 21.5


MGN's Interest Coverage is ranked better than
68.91% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs MGN: 21.50

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


Megan Holdings  (NAS:MGN) 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 .


Megan Holdings Interest Coverage Related Terms


Megan Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Megan 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.

Megan Holdings Interest Coverage Chart

Megan Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt N/A 341.20 25.67

Megan Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial N/A 441.00 258.00 231.00 0.00

MGN vs OFAL, MSGY, FBGL: Interest Coverage Comparison

For the Engineering & Construction subindustry, Megan 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.


Megan Holdings Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Megan Holdings's Interest Coverage distribution charts can be found below:

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


MGN
24GF Score
Megan Holdings Ltd MGN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Megan 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.

Megan Holdings's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Megan Holdings's Interest Expense was $-0.01 Mil. Its Operating Income was $0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.154/-0.006
=25.67

Megan Holdings's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Megan Holdings's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.56 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

Megan Holdings did not have earnings to cover the 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.

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 0 (At Loss) mean?
Megan Holdings (MGN) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Megan Holdings and its competitors. Over the past decade, Megan Holdings' Interest Coverage has ranged from 21.50 to 10,000.00. According to the industry distribution chart, Megan Holdings ranks #421 out of 1354 companies in the Construction industry, placing it in the top 31.1%.
Is Megan Holdings' Interest Coverage too high?
Megan Holdings' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 21.50 to a high of 10,000.00. Based on the distribution chart, Megan Holdings ranks #421 out of 1354 companies in the Construction industry, which is above the industry midpoint. Overall, Megan Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Megan Holdings' Interest Coverage compare to OFAL and MSGY?
According to the Construction industry distribution chart, Megan Holdings ranks #421 out of 1354 companies for Interest Coverage. This puts Megan Holdings in the upper half of its industry. The industry median Interest Coverage is 7.87. Historically, Megan Holdings' own Interest Coverage has ranged from 21.50 to 10,000.00 over the past decade. 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 7.87, based on 1,354 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. 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 Megan Holdings and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Megan Holdings's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megan Holdings stock overvalued right now?
Megan Holdings (MGN) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Megan Holdings' overall GF Score™ is 24/100 with 4 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 Megan Holdings (MGN), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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.

Megan Holdings Business Description

Address No.1, Jalan Desa Kiara, B-01-07, Gateway Corporate Suites, Gateway Kiaramas, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
Megan Holdings Ltd is principally engaged in the development, construction and maintenance of aquaculture farms and related works. Its operations are based in Malaysia. The company's operating segments include: Aquaculture and agriculture; Industrial solutions; and Investment in marketable securities. It derives maximum revenue from Aquaculture and agriculture, which involves development, construction, and maintenance of aquaculture and agriculture farms and related works.
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