Ocean Vantage Holdings Bhd (XKLS:0220) Interest Coverage: 11.59 (As of Mar. 2026) — 77% Below Median


XKLS:0220 Ocean Vantage Holdings Bhd XKLS:0220
53 GF Score
Price RM0.23
GF Value RM0.13
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ocean Vantage Holdings Bhd Interest Coverage?

Ocean Vantage Holdings Bhd XKLS:0220 -6.12% 53 Interest Coverage is 11.59 as of Mar. 2026, which is 77% below its 10-year median of 50.71. GuruFocus rates XKLS:0220 with a GF Score™ of 53/100 and a GF Value™ of RM0.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 728 Oil & Gas companies, Ocean Vantage Holdings Bhd ranks better than 67.99% 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. Ocean Vantage Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM0.6 Mil. Ocean Vantage Holdings Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-0.1 Mil. Ocean Vantage Holdings Bhd's interest coverage for the quarter that ended in Mar. 2026 was 11.59. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ocean Vantage Holdings Bhd's Interest Coverage or its related term are showing as below:

XKLS:0220' s Interest Coverage Range Over the Past 10 Years
Min: 1.57   Med: 50.71   Max: 120.64
Current: 12.9


XKLS:0220's Interest Coverage is ranked better than
67.99% of 728 companies
in the Oil & Gas industry
Industry Median: 5.84 vs XKLS:0220: 12.90

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


Ocean Vantage Holdings Bhd  (XKLS:0220) 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 .


Ocean Vantage Holdings Bhd Interest Coverage Related Terms


Ocean Vantage Holdings Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd Interest Coverage Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.64 35.25 1.57 0.00 22.97

Ocean Vantage Holdings Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 55.68 12.66 94.62 0.00 11.59

XKLS:0220 vs SLB, BKR, HAL: Interest Coverage Comparison

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings Bhd'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.


Ocean Vantage Holdings Bhd Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ocean Vantage Holdings Bhd's Interest Coverage falls into.


XKLS:0220
53GF Score
Ocean Vantage Holdings Bhd XKLS:0220
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Vantage Holdings Bhd 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.

Ocean Vantage Holdings Bhd's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Ocean Vantage Holdings Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM8.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*8.476/-0.369
=22.97

Ocean Vantage Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ocean Vantage Holdings Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.591/-0.051
=11.59

* 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 11.59 mean?
Ocean Vantage Holdings Bhd (XKLS:0220) has a Interest Coverage of 11.59 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean Vantage Holdings Bhd and its competitors. This is 77% below median its historical median of 50.71. Over the past decade, Ocean Vantage Holdings Bhd's Interest Coverage has ranged from 1.57 to 120.64. According to the industry distribution chart, Ocean Vantage Holdings Bhd ranks #233 out of 728 companies in the Oil & Gas industry, placing it in the top 32%.
Is Ocean Vantage Holdings Bhd's Interest Coverage too high?
Ocean Vantage Holdings Bhd's current Interest Coverage of 11.59 is 77% below median its 10-year median of 50.71. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 120.64. The Oil & Gas industry median Interest Coverage is 5.84. Ocean Vantage Holdings Bhd's value of 11.59 is 98.5% above this industry median. Based on the distribution chart, Ocean Vantage Holdings Bhd ranks #233 out of 728 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ocean Vantage Holdings Bhd has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Vantage Holdings Bhd's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Ocean Vantage Holdings Bhd ranks #233 out of 728 companies for Interest Coverage. This puts Ocean Vantage Holdings Bhd in the upper half of its industry. The industry median Interest Coverage is 5.84. Ocean Vantage Holdings Bhd's value of 11.59 is 98.5% above this benchmark. Historically, Ocean Vantage Holdings Bhd's own Interest Coverage has ranged from 1.57 to 120.64 over the past decade. While the company's 10-year median is 50.71 vs. the industry median of 5.84, Ocean Vantage Holdings Bhd 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.84, based on 728 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. Ocean Vantage Holdings Bhd's current Interest Coverage of 11.59 is 98.5% 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 Ocean Vantage Holdings Bhd and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Vantage Holdings Bhd's current Interest Coverage is 11.59, which is 77% below median its own 10-year median of 50.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Vantage Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd (XKLS:0220) is currently considered Significantly Overvalued. The stock's GF Value™ is RM0.13, compared to a current price of RM0.23 — trading 76.9% above its estimated fair value. The current Interest Coverage is 11.59, which is 77% below median its 10-year median of 50.71 and 98.5% above the Oil & Gas industry median of 5.84. Ocean Vantage Holdings Bhd's overall GF Score™ is 53/100 with 7 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 Ocean Vantage Holdings Bhd (XKLS:0220), the current Interest Coverage is 11.59 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 Ocean Vantage Holdings Bhd (XKLS:0220) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Vantage Holdings Bhd stock appears to be overvalued. The current stock price of RM0.23 is trading 76.9% above its estimated GF Value™ of RM0.13. GuruFocus considers Ocean Vantage Holdings Bhd to be Significantly Overvalued.

Key valuation signals for XKLS:0220:

  • Interest Coverage: 11.59 (77% below median its 10-year median of 50.71)
  • GF Value™: RM0.13 vs. price of RM0.23 (76.9% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 98.5% above the Oil & Gas median (#233 of 728)

No single metric tells the full story. See the XKLS:0220 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Vantage Holdings Bhd Business Description

Industry EnergyOil & Gas
Address Block 11, Jalan Tudan, Lot 6073 and 6074, 1st and 2nd Floor, Kuala Baram Land District, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd, along with its subsidiaries, is engaged in the provision of support services for the oil and gas industry, where it supports both the upstream and downstream oil and gas activities. The Group operates through four segments: Engineering, procurement, and construction (EPC) and Project management; Supply of manpower; Supply of materials, tools, and equipment; and Drilling rig charter. Maximum revenue is derived from the Supply of manpower segment, which delivers tailored manpower solutions to the oil and gas sector by providing end-to-end manpower services, from sourcing and screening to onboarding and workforce management, at every stage of the project. Geographically, the Group generates maximum revenue from the local market and also has an overseas presence.
53GF Score

Get the complete analysis for XKLS:0220

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

RM0.23
Price
RM0.13
GF Value