Broadway Industrial Group (SGX:B69) Interest Coverage: 14.31 (As of Jun. 2025) — 64% Above Median

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SGX:B69 Broadway Industrial Group Ltd SGX:B69
43 GF Score
Price S$0.19
GF Value S$0.07
! 5 Warning Signs
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What is Broadway Industrial Group Interest Coverage?

Broadway Industrial Group SGX:B69 43 Interest Coverage is 14.31 as of Jun. 2025, which is 64% above its 10-year median of 8.75. GuruFocus rates SGX:B69 with a GF Score™ of 43/100 and a GF Value™ of S$0.07. The stock has 5 warning signs investors should review.

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. Broadway Industrial Group's Operating Income for the six months ended in Jun. 2025 was S$7.0 Mil. Broadway Industrial Group's Interest Expense for the six months ended in Jun. 2025 was S$-0.5 Mil. Broadway Industrial Group's interest coverage for the quarter that ended in Jun. 2025 was 14.31. The higher the ratio, the stronger the company's financial strength is.

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

SGX:B69' s Interest Coverage Range Over the Past 10 Years
Min: 2.24   Med: 8.75   Max: 16.72
Current: 10.63


SGX:B69's Interest Coverage is not ranked
in the Hardware industry.
Industry Median: 13.99 vs SGX:B69: 10.63

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


Broadway Industrial Group  (SGX:B69) 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 .


Broadway Industrial Group Interest Coverage Related Terms


Broadway Industrial Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Interest Coverage Chart

Broadway Industrial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.75 16.72 9.22 2.24 8.75

Broadway Industrial Group Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 4.47 8.87 8.44 14.31

SGX:B69 vs ANET, DELL, SMCI: Interest Coverage Comparison

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Interest Coverage falls into.


SGX:B69
43GF Score
Broadway Industrial Group Ltd SGX:B69
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadway Industrial Group 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.

Broadway Industrial Group's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Broadway Industrial Group's Interest Expense was S$-2.0 Mil. Its Operating Income was S$17.5 Mil. And its Long-Term Debt & Capital Lease Obligation was S$6.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*17.488/-1.999
=8.75

Broadway Industrial Group's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Here, for the six months ended in Jun. 2025, Broadway Industrial Group's Interest Expense was S$-0.5 Mil. Its Operating Income was S$7.0 Mil. And its Long-Term Debt & Capital Lease Obligation was S$3.6 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2025 )/Interest Expense (Q: Jun. 2025 )
=-1*7.011/-0.49
=14.31

* 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 14.31 mean?
Broadway Industrial Group (SGX:B69) has a Interest Coverage of 14.31 as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Broadway Industrial Group and its competitors. This is 64% above median its historical median of 8.75. Over the past decade, Broadway Industrial Group's Interest Coverage has ranged from 2.24 to 16.72.
Is Broadway Industrial Group's Interest Coverage too high?
Broadway Industrial Group's current Interest Coverage of 14.31 is 64% above median its 10-year median of 8.75. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 16.72. The Hardware industry median Interest Coverage is 13.99. Broadway Industrial Group's value of 14.31 is 2.3% above this industry median. Overall, Broadway Industrial Group has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Broadway Industrial Group's Interest Coverage compare to ANET and DELL?
Broadway Industrial Group's Interest Coverage of 14.31 can be compared against companies in the Hardware industry. The industry median Interest Coverage is 13.99. Broadway Industrial Group's value of 14.31 is 2.3% above this benchmark. Historically, Broadway Industrial Group's own Interest Coverage has ranged from 2.24 to 16.72 over the past decade. While the company's 10-year median is 8.75 vs. the industry median of 13.99, Broadway Industrial Group 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.99, based on 1,669 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. Broadway Industrial Group's current Interest Coverage of 14.31 is 2.3% 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 Broadway Industrial Group and its competitors. For the Hardware industry, the median Interest Coverage is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadway Industrial Group's current Interest Coverage is 14.31, which is 64% above median its own 10-year median of 8.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadway Industrial Group stock overvalued right now?
Broadway Industrial Group (SGX:B69) has a current Interest Coverage of 14.31. The stock's GF Value™ is S$0.07, compared to a current price of S$0.19 — trading 177.1% above its estimated fair value. The current Interest Coverage is 14.31, which is 64% above median its 10-year median of 8.75 and 2.3% above the Hardware industry median of 13.99. Broadway Industrial Group's overall GF Score™ is 43/100 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 Broadway Industrial Group (SGX:B69), the current Interest Coverage is 14.31 as of Jun. 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.

Is Broadway Industrial Group (SGX:B69) Overvalued in 2026?

Based on GuruFocus' analysis, Broadway Industrial Group stock appears to be overvalued. The current stock price of S$0.19 is trading 177.1% above its estimated GF Value™ of S$0.07.

Key valuation signals for SGX:B69:

  • Interest Coverage: 14.31 (64% above median its 10-year median of 8.75)
  • GF Value™: S$0.07 vs. price of S$0.19 (177.1% above fair value)
  • GF Score™: 43/100 with 5 warning signs
  • Industry Position: 2.3% above the Hardware median

No single metric tells the full story. See the SGX:B69 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadway Industrial Group Business Description

Address 202 Kallang Bahru, No. 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is a manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the hard disk drive (HDD) industry. Its operating segments are; the HDD segment which generates key revenue and consists of the manufacturing and distribution of actuator arms and related assembly for the hard disk industry; The PE segment comprises the manufacturing and distribution of precision diecasting and machining parts for telecommunications equipment, industrial applications, and automotive industries, and others segment comprises investment holding. Geographically, the company generates a majority of its revenue from Thailand followed by the People's Republic of China, Vietnam, south Korea, and other countries.
43GF Score

Get the complete analysis for SGX:B69

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

S$0.19
Price
S$0.07
GF Value