Reclaims Global (SGX:NEX) Interest Coverage: No Debt (1) (As of Jan. 2026) — 98% Below Median


SGX:NEX Reclaims Global Ltd SGX:NEX
64 GF Score
Price S$0.20
GF Value S$0.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Reclaims Global Interest Coverage?

Reclaims Global SGX:NEX -1.00% 64 Interest Coverage is No Debt (1) as of Jan. 2026, which is 100% below its 10-year median of 49.41. GuruFocus rates SGX:NEX with a GF Score™ of 64/100 and a GF Value™ of S$0.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 161 Waste Management companies, Reclaims Global ranks better than 98.76% 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. Reclaims Global's Operating Income for the six months ended in Jan. 2026 was S$7.00 Mil. Reclaims Global's Interest Expense for the six months ended in Jan. 2026 was S$0.00 Mil. Reclaims Global has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Reclaims Global Ltd has no debt.

(1) 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 historical rank and industry rank for Reclaims Global's Interest Coverage or its related term are showing as below:

SGX:NEX' s Interest Coverage Range Over the Past 10 Years
Min: 13.93   Med: 49.41   Max: No Debt
Current: No Debt


SGX:NEX's Interest Coverage is ranked better than
98.76% of 161 companies
in the Waste Management industry
Industry Median: 5.72 vs SGX:NEX: No Debt

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


Reclaims Global  (SGX:NEX) 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 .


Reclaims Global Interest Coverage Related Terms


Reclaims Global Interest Coverage Historical Data

* Premium members only.

The historical data trend for Reclaims Global'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.

Reclaims Global Interest Coverage Chart

Reclaims Global Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.01 83.89 45.57 1,224.00 No Debt

Reclaims Global Semi-Annual Data
Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 179.09 1,205.50 5,446.00 No Debt No Debt

SGX:NEX vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Reclaims Global'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.


Reclaims Global Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Reclaims Global's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Reclaims Global's Interest Coverage falls into.


SGX:NEX
64GF Score
Reclaims Global Ltd SGX:NEX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reclaims Global 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.

Reclaims Global's Interest Coverage for the fiscal year that ended in Jan. 2026 is calculated as

Here, for the fiscal year that ended in Jan. 2026, Reclaims Global's Interest Expense was S$0.00 Mil. Its Operating Income was S$6.72 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Reclaims Global had no debt (1).

Reclaims Global's Interest Coverage for the quarter that ended in Jan. 2026 is calculated as

Here, for the six months ended in Jan. 2026, Reclaims Global's Interest Expense was S$0.00 Mil. Its Operating Income was S$7.00 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Reclaims Global had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Reclaims Global (SGX:NEX) has a Interest Coverage of No Debt (1) as of Jan. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Reclaims Global and its competitors. This is 98% below median its historical median of 49.41. Over the past decade, Reclaims Global's Interest Coverage has ranged from 13.93 to 10,000.00. According to the industry distribution chart, Reclaims Global ranks #2 out of 161 companies in the Waste Management industry, placing it in the top 1.2%.
Is Reclaims Global's Interest Coverage too high?
Reclaims Global's current Interest Coverage of No Debt (1) is 98% below median its 10-year median of 49.41. Over the past 10 years, this metric has ranged from a low of 13.93 to a high of 10,000.00. Based on the distribution chart, Reclaims Global ranks #2 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reclaims Global has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reclaims Global's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Reclaims Global ranks #2 out of 161 companies for Interest Coverage. This places Reclaims Global in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. Historically, Reclaims Global's own Interest Coverage has ranged from 13.93 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.72, based on 161 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 Reclaims Global and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reclaims Global's current Interest Coverage is No Debt (1), which is 98% below median its own 10-year median of 49.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reclaims Global stock overvalued right now?
Based on GuruFocus' analysis, Reclaims Global (SGX:NEX) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.14, compared to a current price of S$0.20 — trading 41.4% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 98% below median its 10-year median of 49.41. Reclaims Global's overall GF Score™ is 64/100 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 Reclaims Global (SGX:NEX), the current Interest Coverage is No Debt (1) as of Jan. 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 Reclaims Global (SGX:NEX) Overvalued in 2026?

Based on GuruFocus' analysis, Reclaims Global stock appears to be overvalued. The current stock price of S$0.20 is trading 41.4% above its estimated GF Value™ of S$0.14. GuruFocus considers Reclaims Global to be Significantly Overvalued.

Key valuation signals for SGX:NEX:

  • Interest Coverage: No Debt (1) (98% below median its 10-year median of 49.41)
  • GF Value™: S$0.14 vs. price of S$0.20 (41.4% above fair value)
  • GF Score™: 64/100 with 4 warning signs

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


Reclaims Global Business Description

Address 10 Tuas South Street 7, Singapore, SGP, 637114
Reclaims Global Ltd is an integrated service provider in the construction industry. The group specializes in the recycling of construction & demolition waste, customisation of excavation solutions, & operating fleet management. Its operating business segments are: Recycling, Excavation services, & Logistics & leasing. The Excavation services segment performs land clearing, excavation, & removal of construction & demolition waste, consisting of demolition works, site clearance, reshaping, backfilling, compacting, & turfing. The recycling segment focuses on the reclaiming of natural & urban construction & demolition waste & is for sale as building materials to customers. The logistics & leasing segment provides transportation services and leasing of machinery & equipment.
64GF Score

Get the complete analysis for SGX:NEX

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

S$0.20
Price
S$0.14
GF Value