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Hoe LeongSGX:H20 Interest Coverage is 2.16 as of Dec. 2025, which is 4% above its 10-year median of 2.08. The stock has 3 warning signs investors should review. Among 133 Industrial Distribution companies, Hoe Leong ranks worse than 66.92% 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. Hoe Leong's
Operating Income
for the
six
months ended in Dec. 2025 was S$0.47 Mil. Hoe Leong's Interest Expense for the
six
months ended in Dec. 2025 was S$-0.22 Mil.
Hoe Leong's interest coverage for the quarter that ended in Dec. 2025 was 2.16.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Hoe Leong Corp Ltd interest coverage is 3.55, which is low.
The historical rank and industry rank for Hoe Leong's Interest Coverage or its related term are showing as below:
SGX:H20'
s Interest Coverage Range Over the Past 10 Years
Min: 0.26 Med: 2.08 Max: 4.78
Current: 3.55
SGX:H20's Interest Coverage is ranked worse than 66.92% of 133
companies
in the Industrial Distribution industry
Industry Median: 6.79
vs SGX:H20: 3.55
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 .
Hoe Leong Interest Coverage Related Terms
Hoe Leong Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hoe Leong'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.
SGX:H20 vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, Hoe Leong'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.
Hoe Leong Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Hoe Leong's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hoe Leong's Interest Coverage falls into.
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.
Hoe Leong (SGX:H20) has a Interest Coverage of 2.16 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hoe Leong and its competitors. This is near median its historical median of 2.08. Over the past decade, Hoe Leong's Interest Coverage has ranged from 0.26 to 4.78. According to the industry distribution chart, Hoe Leong ranks #89 out of 133 companies in the Industrial Distribution industry, placing it in the top 66.9%.
Is Hoe Leong's Interest Coverage too high?
Hoe Leong's current Interest Coverage of 2.16 is near median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 4.78. The Industrial Distribution industry median Interest Coverage is 6.79. Hoe Leong's value of 2.16 is 68.2% below this industry median. Based on the distribution chart, Hoe Leong ranks #89 out of 133 companies in the Industrial Distribution industry, which is below the industry midpoint.
How does Hoe Leong's Interest Coverage compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Hoe Leong ranks #89 out of 133 companies for Interest Coverage. This places Hoe Leong in the lower half of its industry. The industry median Interest Coverage is 6.79. Hoe Leong's value of 2.16 is 68.2% below this benchmark. Historically, Hoe Leong's own Interest Coverage has ranged from 0.26 to 4.78 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 6.79, Hoe Leong has consistently been below 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.79, based on 133 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. Hoe Leong's current Interest Coverage of 2.16 is 68.2% below 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 Hoe Leong and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoe Leong's current Interest Coverage is 2.16, which is near median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoe Leong stock overvalued right now?
Hoe Leong (SGX:H20) has a current Interest Coverage of 2.16. The current Interest Coverage is 2.16, which is near median its 10-year median of 2.08 and 68.2% below the Industrial Distribution industry median of 6.79. 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 Hoe Leong (SGX:H20), the current Interest Coverage is 2.16 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.
Hoe Leong Corp Ltd specializes in providing undercarriage products, equipment parts, and services for heavy equipment and industrial machinery. Its offerings include an extensive range of parts for bulldozers, excavators, wheel loaders, and off-the-road (OTR) mining dump trucks, such as track frames, track chains and groups, rollers, shoes, sprockets, grouser parts, idlers, and OTR tires. The Group's reportable segments are Design and manufacture, Trading and distribution, and Investment Holding. Maximum revenue is derived from the Design and manufacture segment, which designs, manufactures, and sells equipment parts for both heavy equipment and industrial machinery under in-house brands like KBJ, ROSSI, and MIZU. Geographically, it operates globally and derives key revenue from Australia.
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