Go Innovate Asia Bhd (XKLS:03028) Interest Coverage: 14.75 (As of Jun. 2025) — 54% Below Median


What is Go Innovate Asia Bhd Interest Coverage?

Go Innovate Asia Bhd XKLS:03028 Interest Coverage is 14.75 as of Jun. 2025, which is 54% below its 10-year median of 32.11. The stock has 3 warning signs investors should review.

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. Go Innovate Asia Bhd's Operating Income for the six months ended in Jun. 2025 was RM3 Mil. Go Innovate Asia Bhd's Interest Expense for the six months ended in Jun. 2025 was RM-0 Mil. Go Innovate Asia Bhd's interest coverage for the quarter that ended in Jun. 2025 was 14.75. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:03028's Interest Coverage is not ranked *
in the Capital Markets industry.
Industry Median: 19.375
* Ranked among companies with meaningful Interest Coverage only.

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

Go Innovate Asia Bhd  (XKLS:03028) 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 .

Go Innovate Asia Bhd Interest Coverage Related Terms

Go Innovate Asia Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Go Innovate Asia 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.

Go Innovate Asia Bhd Interest Coverage Chart

Go Innovate Asia Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 25.10 1.17 0.34 0.00 0.00

Go Innovate Asia Bhd Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 0.00 0.00 0.00 0.00 14.75

XKLS:03028 vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Go Innovate Asia 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.

Go Innovate Asia Bhd Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Go Innovate Asia Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Go Innovate Asia Bhd's Interest Coverage falls into.


Go Innovate Asia 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.

Go Innovate Asia Bhd's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Go Innovate Asia Bhd's Interest Expense was RM-0 Mil. Its Operating Income was RM-17 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2 Mil.

Go Innovate Asia Bhd did not have earnings to cover the interest expense.

Go Innovate Asia Bhd's Interest Coverage for the quarter that ended in Jun. 2025 is calculated as

Here, for the six months ended in Jun. 2025, Go Innovate Asia Bhd's Interest Expense was RM-0 Mil. Its Operating Income was RM3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2025 )/Interest Expense (Q: Jun. 2025 )
=-1*3.171/-0.215
=14.75

* 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 14.75 mean?
Go Innovate Asia Bhd (XKLS:03028) has a Interest Coverage of 14.75 as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Go Innovate Asia Bhd and its competitors. This is 54% below median its historical median of 32.11.
Is Go Innovate Asia Bhd's Interest Coverage too high?
Go Innovate Asia Bhd's current Interest Coverage of 14.75 is 54% below median its 10-year median of 32.11. The Capital Markets industry median Interest Coverage is 19.38. Go Innovate Asia Bhd's value of 14.75 is 23.9% below this industry median.
How does Go Innovate Asia Bhd's Interest Coverage compare to MS and GS?
Go Innovate Asia Bhd's Interest Coverage of 14.75 can be compared against companies in the Capital Markets industry. The industry median Interest Coverage is 19.38. Go Innovate Asia Bhd's value of 14.75 is 23.9% below this benchmark. While the company's 10-year median is 32.11 vs. the industry median of 19.38, Go Innovate Asia Bhd 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 a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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. Go Innovate Asia Bhd's current Interest Coverage of 14.75 is 23.9% 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 Go Innovate Asia Bhd and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Innovate Asia Bhd's current Interest Coverage is 14.75, which is 54% below median its own 10-year median of 32.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Innovate Asia Bhd stock overvalued right now?
Go Innovate Asia Bhd (XKLS:03028) has a current Interest Coverage of 14.75. The stock's GF Value™ is RM0.38, compared to a current price of RM0.03 — trading 92.1% below its estimated fair value. The current Interest Coverage is 14.75, which is 54% below median its 10-year median of 32.11 and 23.9% below the Capital Markets industry median of 19.38. 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 Go Innovate Asia Bhd (XKLS:03028), the current Interest Coverage is 14.75 as of Jun. 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.

Go Innovate Asia Bhd Business Description

Address 3A-D, Jalan USJ10/1A, Subang Jaya, Kuala Lumpur, SGR, MYS, 47610
Go Innovate Asia Bhd is investment holding company. The principal activities of its subsidiaries include trading in precious metals, provide services relating to the online precious metals trading platform and such other business which are necessary for and/or incident to the aforesaid business, developing information technology (IT), dealing and trading in providing information, communication and technology (ICT) services and consultancy, deal, trade and provide software research and development businesses, technical testing and analysis, assaying and refining of precious metals, and promoting and marketing all kinds of gold products.