Grand Banks Yachts (SGX:G50) Interest Coverage: 6.73 (As of Dec. 2025) — 77% Below Median

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SGX:G50 Grand Banks Yachts Ltd SGX:G50
66 GF Score
Price S$0.73
GF Value S$0.63
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Grand Banks Yachts Interest Coverage?

Grand Banks Yachts SGX:G50 66 Interest Coverage is 6.73 as of Dec. 2025, which is 77% below its 10-year median of 28.64. GuruFocus rates SGX:G50 with a GF Score™ of 66/100 and a GF Value™ of S$0.63 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 608 Travel & Leisure companies, Grand Banks Yachts ranks better than 69.57% 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. Grand Banks Yachts's Operating Income for the six months ended in Dec. 2025 was S$5.1 Mil. Grand Banks Yachts's Interest Expense for the six months ended in Dec. 2025 was S$-0.8 Mil. Grand Banks Yachts's interest coverage for the quarter that ended in Dec. 2025 was 6.73. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Grand Banks Yachts's Interest Coverage or its related term are showing as below:

SGX:G50' s Interest Coverage Range Over the Past 10 Years
Min: 3.09   Med: 28.64   Max: 75.32
Current: 17.06


SGX:G50's Interest Coverage is ranked better than
69.57% of 608 companies
in the Travel & Leisure industry
Industry Median: 5.165 vs SGX:G50: 17.06

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


Grand Banks Yachts  (SGX:G50) 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 .


Grand Banks Yachts Interest Coverage Related Terms


Grand Banks Yachts Interest Coverage Historical Data

* Premium members only.

The historical data trend for Grand Banks Yachts'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.

Grand Banks Yachts Interest Coverage Chart

Grand Banks Yachts Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.64 12.86 75.32 73.93 49.78

Grand Banks Yachts Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 188.20 53.93 36.24 40.24 6.73

SGX:G50 vs AS, HAS, LTH: Interest Coverage Comparison

For the Leisure subindustry, Grand Banks Yachts'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.


Grand Banks Yachts Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grand Banks Yachts's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grand Banks Yachts's Interest Coverage falls into.


SGX:G50
66GF Score
Grand Banks Yachts Ltd SGX:G50
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grand Banks Yachts 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.

Grand Banks Yachts's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Grand Banks Yachts's Interest Expense was S$-0.5 Mil. Its Operating Income was S$24.5 Mil. And its Long-Term Debt & Capital Lease Obligation was S$5.6 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*24.542/-0.493
=49.78

Grand Banks Yachts's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Grand Banks Yachts's Interest Expense was S$-0.8 Mil. Its Operating Income was S$5.1 Mil. And its Long-Term Debt & Capital Lease Obligation was S$25.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*5.089/-0.756
=6.73

* 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 6.73 mean?
Grand Banks Yachts (SGX:G50) has a Interest Coverage of 6.73 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grand Banks Yachts and its competitors. This is 77% below median its historical median of 28.64. Over the past decade, Grand Banks Yachts' Interest Coverage has ranged from 3.09 to 75.32. According to the industry distribution chart, Grand Banks Yachts ranks #185 out of 608 companies in the Travel & Leisure industry, placing it in the top 30.4%.
Is Grand Banks Yachts' Interest Coverage too high?
Grand Banks Yachts' current Interest Coverage of 6.73 is 77% below median its 10-year median of 28.64. Over the past 10 years, this metric has ranged from a low of 3.09 to a high of 75.32. The Travel & Leisure industry median Interest Coverage is 5.17. Grand Banks Yachts' value of 6.73 is 30.3% above this industry median. Based on the distribution chart, Grand Banks Yachts ranks #185 out of 608 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Grand Banks Yachts has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Banks Yachts' Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Banks Yachts ranks #185 out of 608 companies for Interest Coverage. This puts Grand Banks Yachts in the upper half of its industry. The industry median Interest Coverage is 5.17. Grand Banks Yachts' value of 6.73 is 30.3% above this benchmark. Historically, Grand Banks Yachts' own Interest Coverage has ranged from 3.09 to 75.32 over the past decade. While the company's 10-year median is 28.64 vs. the industry median of 5.17, Grand Banks Yachts 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.17, based on 608 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. Grand Banks Yachts's current Interest Coverage of 6.73 is 30.3% 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 Grand Banks Yachts and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Banks Yachts's current Interest Coverage is 6.73, which is 77% below median its own 10-year median of 28.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Banks Yachts stock overvalued right now?
Based on GuruFocus' analysis, Grand Banks Yachts (SGX:G50) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.63, compared to a current price of S$0.73 — trading 15.9% above its estimated fair value. The current Interest Coverage is 6.73, which is 77% below median its 10-year median of 28.64 and 30.3% above the Travel & Leisure industry median of 5.17. Grand Banks Yachts' overall GF Score™ is 66/100 with 3 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 Grand Banks Yachts (SGX:G50), the current Interest Coverage is 6.73 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.

Is Grand Banks Yachts (SGX:G50) Overvalued in 2026?

Based on GuruFocus' analysis, Grand Banks Yachts stock appears to be overvalued. The current stock price of S$0.73 is trading 15.9% above its estimated GF Value™ of S$0.63. GuruFocus considers Grand Banks Yachts to be Modestly Overvalued.

Key valuation signals for SGX:G50:

  • Interest Coverage: 6.73 (77% below median its 10-year median of 28.64)
  • GF Value™: S$0.63 vs. price of S$0.73 (15.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 30.3% above the Travel & Leisure median (#185 of 608)

No single metric tells the full story. See the SGX:G50 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grand Banks Yachts Business Description

Address 21 Bukit Batok Crescent, No. 06-74, Wcega Tower, Singapore, SGP, 658065
Grand Banks Yachts Ltd, along with its subsidiaries, is an investment holding company involved in manufacturing, selling, and exporting luxury yachts overseas. The company has two segments: Manufacturing and Trading, and Others. The Manufacturing and Trading segment involves the manufacturing and sale of yachts to end customers. The Others segment includes ancillary sales such as brokerage income, service income, and sales of trade-in boats. The majority of the company's revenue comes from the Manufacturing and Trading of Yachts segment. Geographically, the company exports its products to the United States of America, Europe, Australia, and Asia, with the United States of America generating the maximum revenue.
66GF Score

Get the complete analysis for SGX:G50

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

S$0.73
Price
S$0.63
GF Value