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. Ray Go Solar Holdings Bhd's
Operating Income
for the
six
months ended in Apr. 2026 was RM0.88 Mil. Ray Go Solar Holdings Bhd's Interest Expense for the
six
months ended in Apr. 2026 was RM-0.11 Mil.
Ray Go Solar Holdings Bhd's interest coverage for the quarter that ended in Apr. 2026 was 7.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ray Go Solar Holdings Bhd's Interest Coverage or its related term are showing as below:
XKLS:03052'
s Interest Coverage Range Over the Past 10 Years
Min: 0.57 Med: 22.43 Max: 104.85
Current: 7
XKLS:03052's Interest Coverage is not ranked
in the Semiconductors industry.
Industry Median: 20.32
vs XKLS:03052: 7.00
Ray Go Solar Holdings Bhd (XKLS:03052) 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 .
Ray Go Solar Holdings Bhd Interest Coverage Related Terms
Ray Go Solar Holdings Bhd Interest Coverage Historical Data
* 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.
XKLS:03052 vs FSLR, NXT, ENPH: Interest Coverage Comparison
For the Solar subindustry, Ray Go Solar 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.
Ray Go Solar Holdings Bhd Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ray Go Solar Holdings Bhd's Interest Coverage falls into.
Ray Go Solar 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:
* 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.
Ray Go Solar Holdings Bhd (XKLS:03052) has a Interest Coverage of 7.81 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ray Go Solar Holdings Bhd and its competitors. This is 65% below median its historical median of 22.43. Over the past decade, Ray Go Solar Holdings Bhd's Interest Coverage has ranged from 0.57 to 104.85.
Is Ray Go Solar Holdings Bhd's Interest Coverage too high?
Ray Go Solar Holdings Bhd's current Interest Coverage of 7.81 is 65% below median its 10-year median of 22.43. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 104.85. The Semiconductors industry median Interest Coverage is 20.32. Ray Go Solar Holdings Bhd's value of 7.81 is 61.6% below this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's Interest Coverage compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's Interest Coverage of 7.81 can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.32. Ray Go Solar Holdings Bhd's value of 7.81 is 61.6% below this benchmark. Historically, Ray Go Solar Holdings Bhd's own Interest Coverage has ranged from 0.57 to 104.85 over the past decade. While the company's 10-year median is 22.43 vs. the industry median of 20.32, Ray Go Solar Holdings 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Ray Go Solar Holdings Bhd's current Interest Coverage of 7.81 is 61.6% 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 Ray Go Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current Interest Coverage is 7.81, which is 65% below median its own 10-year median of 22.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current Interest Coverage of 7.81. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current Interest Coverage is 7.81, which is 65% below median its 10-year median of 22.43 and 61.6% below the Semiconductors industry median of 20.32. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 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 Ray Go Solar Holdings Bhd (XKLS:03052), the current Interest Coverage is 7.81 as of Apr. 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 Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued.
The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.
Key valuation signals for XKLS:03052:
Interest Coverage: 7.81 (65% below median its 10-year median of 22.43)
GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
Industry Position: 61.6% below the Semiconductors median
No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score
Get the complete analysis for XKLS:03052
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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