The Hour Glass (SGX:AGS) Interest Coverage: 20.34 (As of Mar. 2026) — 37% Below Median

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SGX:AGS The Hour Glass Ltd SGX:AGS
89 GF Score
Price S$2.73
GF Value S$2.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is The Hour Glass Interest Coverage?

The Hour Glass SGX:AGS -1.09% 89 Interest Coverage is 20.34 as of Mar. 2026, which is 37% below its 10-year median of 32.54. GuruFocus rates SGX:AGS with a GF Score™ of 89/100 and a GF Value™ of S$2.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 837 Retail - Cyclical companies, The Hour Glass ranks better than 72.16% 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. The Hour Glass's Operating Income for the six months ended in Mar. 2026 was S$107 Mil. The Hour Glass's Interest Expense for the six months ended in Mar. 2026 was S$-5 Mil. The Hour Glass's interest coverage for the quarter that ended in Mar. 2026 was 20.34. The higher the ratio, the stronger the company's financial strength is.

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

SGX:AGS' s Interest Coverage Range Over the Past 10 Years
Min: 20.81   Med: 32.54   Max: 84.8
Current: 20.81


SGX:AGS's Interest Coverage is ranked better than
72.16% of 837 companies
in the Retail - Cyclical industry
Industry Median: 7.57 vs SGX:AGS: 20.81

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


The Hour Glass  (SGX:AGS) 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 .


The Hour Glass Interest Coverage Related Terms


The Hour Glass Interest Coverage Historical Data

* Premium members only.

The historical data trend for The Hour Glass'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.

The Hour Glass Interest Coverage Chart

The Hour Glass 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 53.10 35.80 28.24 23.44 22.02

The Hour Glass Semi-Annual Data
Sep16 Mar17 Sep17 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 Premium Member Only Premium Member Only 26.86 18.69 25.72 21.41 20.34

SGX:AGS vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, The Hour Glass'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.


The Hour Glass Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Hour Glass's Interest Coverage distribution charts can be found below:

* The bar in red indicates where The Hour Glass's Interest Coverage falls into.


SGX:AGS
89GF Score
The Hour Glass Ltd SGX:AGS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hour Glass 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.

The Hour Glass'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, The Hour Glass's Interest Expense was S$-9 Mil. Its Operating Income was S$206 Mil. And its Long-Term Debt & Capital Lease Obligation was S$178 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*206.02/-9.358
=22.02

The Hour Glass's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, The Hour Glass's Interest Expense was S$-5 Mil. Its Operating Income was S$107 Mil. And its Long-Term Debt & Capital Lease Obligation was S$178 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*106.741/-5.248
=20.34

* 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 20.34 mean?
The Hour Glass (SGX:AGS) has a Interest Coverage of 20.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Hour Glass and its competitors. This is 37% below median its historical median of 32.54. Over the past decade, The Hour Glass' Interest Coverage has ranged from 20.81 to 84.80. According to the industry distribution chart, The Hour Glass ranks #233 out of 837 companies in the Retail - Cyclical industry, placing it in the top 27.8%.
Is The Hour Glass' Interest Coverage too high?
The Hour Glass' current Interest Coverage of 20.34 is 37% below median its 10-year median of 32.54. Over the past 10 years, this metric has ranged from a low of 20.81 to a high of 84.80. The Retail - Cyclical industry median Interest Coverage is 7.57. The Hour Glass' value of 20.34 is 168.7% above this industry median. Based on the distribution chart, The Hour Glass ranks #233 out of 837 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, The Hour Glass has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Hour Glass' Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, The Hour Glass ranks #233 out of 837 companies for Interest Coverage. This puts The Hour Glass in the upper half of its industry. The industry median Interest Coverage is 7.57. The Hour Glass' value of 20.34 is 168.7% above this benchmark. Historically, The Hour Glass' own Interest Coverage has ranged from 20.81 to 84.80 over the past decade. While the company's 10-year median is 32.54 vs. the industry median of 7.57, The Hour Glass 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.57, based on 837 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. The Hour Glass's current Interest Coverage of 20.34 is 168.7% 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 The Hour Glass and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hour Glass's current Interest Coverage is 20.34, which is 37% below median its own 10-year median of 32.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hour Glass stock overvalued right now?
Based on GuruFocus' analysis, The Hour Glass (SGX:AGS) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.07, compared to a current price of S$2.73 — trading 31.9% above its estimated fair value. The current Interest Coverage is 20.34, which is 37% below median its 10-year median of 32.54 and 168.7% above the Retail - Cyclical industry median of 7.57. The Hour Glass' 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 The Hour Glass (SGX:AGS), the current Interest Coverage is 20.34 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 The Hour Glass (SGX:AGS) Overvalued in 2026?

Based on GuruFocus' analysis, The Hour Glass stock appears to be overvalued. The current stock price of S$2.73 is trading 31.9% above its estimated GF Value™ of S$2.07. GuruFocus considers The Hour Glass to be Significantly Overvalued.

Key valuation signals for SGX:AGS:

  • Interest Coverage: 20.34 (37% below median its 10-year median of 32.54)
  • GF Value™: S$2.07 vs. price of S$2.73 (31.9% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 168.7% above the Retail - Cyclical median (#233 of 837)

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


The Hour Glass Business Description

Address 302 Orchard Road, No. 11-01 Tong Building, Singapore, SGP, 238862
The Hour Glass Ltd is a Singapore-based investment holding company. Along with its subsidiaries, the company is engaged in retailing and distribution of watches, jewellery, and other luxury products, investment in properties, and investment holding. It retails watches, jewellery, and other luxury products of brands such as Rolex, Patek Philippe, Akrivia, Daniel Roth, Hublot, Biver, Omega, Bvlgari, Cartier, and others through boutique stores across Singapore, Malaysia, Thailand, Vietnam, Hong Kong, Japan, Australia, and New Zealand. Geographically, the group generates maximum revenue from Southeast Asia and Oceania, followed by Northeast Asia.
89GF Score

Get the complete analysis for SGX:AGS

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

S$2.73
Price
S$2.07
GF Value