Topmix Bhd (XKLS:0302) Interest Coverage: 21.22 (As of Mar. 2026) — 102% Above Median


XKLS:0302 Topmix Bhd XKLS:0302
50 GF Score
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What is Topmix Bhd Interest Coverage?

Topmix Bhd XKLS:0302 +2.41% 50 Interest Coverage is 21.22 as of Mar. 2026, which is 102% above its 10-year median of 10.50. GuruFocus rates XKLS:0302 with a GF Score™ of 50/100. The stock has 2 warning signs investors should review. Among 293 Furnishings, Fixtures & Appliances companies, Topmix Bhd ranks better than 65.87% 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. Topmix Bhd's Operating Income for the three months ended in Mar. 2026 was RM5.7 Mil. Topmix Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-0.3 Mil. Topmix Bhd's interest coverage for the quarter that ended in Mar. 2026 was 21.22. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0302' s Interest Coverage Range Over the Past 10 Years
Min: 7.93   Med: 10.5   Max: 23.2
Current: 23.2


XKLS:0302's Interest Coverage is ranked better than
65.87% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.44 vs XKLS:0302: 23.20

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


Topmix Bhd  (XKLS:0302) 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 .


Topmix Bhd Interest Coverage Related Terms


Topmix Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Topmix 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.

Topmix Bhd Interest Coverage Chart

Topmix Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 8.38 10.37 10.63 13.35 21.02

Topmix Bhd Quarterly Data
Dec20 Dec21 Dec22 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 13.86 18.78 29.04 23.89 21.22

XKLS:0302 vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Topmix 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.


Topmix Bhd Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Topmix Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Topmix Bhd's Interest Coverage falls into.


XKLS:0302
50GF Score
Topmix Bhd XKLS:0302
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Topmix 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.

Topmix 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, Topmix Bhd's Interest Expense was RM-1.2 Mil. Its Operating Income was RM26.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM17.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*26.164/-1.245
=21.02

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

Here, for the three months ended in Mar. 2026, Topmix Bhd's Interest Expense was RM-0.3 Mil. Its Operating Income was RM5.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM17.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.665/-0.267
=21.22

* 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 21.22 mean?
Topmix Bhd (XKLS:0302) has a Interest Coverage of 21.22 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Topmix Bhd and its competitors. This is 102% above median its historical median of 10.50. Over the past decade, Topmix Bhd's Interest Coverage has ranged from 7.93 to 23.20. According to the industry distribution chart, Topmix Bhd ranks #100 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 34.1%.
Is Topmix Bhd's Interest Coverage too high?
Topmix Bhd's current Interest Coverage of 21.22 is 102% above median its 10-year median of 10.50. Over the past 10 years, this metric has ranged from a low of 7.93 to a high of 23.20. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.44. Topmix Bhd's value of 21.22 is 85.5% above this industry median. Based on the distribution chart, Topmix Bhd ranks #100 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Topmix Bhd has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Topmix Bhd's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Topmix Bhd ranks #100 out of 293 companies for Interest Coverage. This puts Topmix Bhd in the upper half of its industry. The industry median Interest Coverage is 11.44. Topmix Bhd's value of 21.22 is 85.5% above this benchmark. Historically, Topmix Bhd's own Interest Coverage has ranged from 7.93 to 23.20 over the past decade. While the company's 10-year median is 10.50 vs. the industry median of 11.44, Topmix 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 a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.44, based on 293 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. Topmix Bhd's current Interest Coverage of 21.22 is 85.5% 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 Topmix Bhd and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Topmix Bhd's current Interest Coverage is 21.22, which is 102% above median its own 10-year median of 10.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Topmix Bhd stock overvalued right now?
Topmix Bhd (XKLS:0302) has a current Interest Coverage of 21.22. The current Interest Coverage is 21.22, which is 102% above median its 10-year median of 10.50 and 85.5% above the Furnishings, Fixtures & Appliances industry median of 11.44. Topmix Bhd's overall GF Score™ is 50/100 with 2 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 Topmix Bhd (XKLS:0302), the current Interest Coverage is 21.22 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.

Topmix Bhd Business Description

Address 8 & 10, Jalan Bistari 11, Taman Industri Jaya, Skudai, JHR, MYS, 81300
Topmix Bhd is an investment holding company. The Group markets and distributes decorative surface products under its proprietary brands, including HPL, compact panels, wall panels, MFC, and other decorative surfaces. It also undertakes in-house product design and collaborates with third-party decor paper suppliers to develop surface designs and finishes for commercial and residential interior applications, such as wall finishes, countertops, furniture, fixtures, and display systems. The Group operates through two business segments: Trading, which involves the wholesale and trading of high-pressure laminated sheets and merchandise of all kinds, and Others, which involves investment holding. The majority of its revenue is derived from Malaysia.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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