Ocean Fresh Bhd (XKLS:0312) Interest Coverage: 26.70 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:0312 Ocean Fresh Bhd XKLS:0312
35 GF Score
Price RM0.13
! 5 Warning Signs
View Full Analysis

What is Ocean Fresh Bhd Interest Coverage?

Ocean Fresh Bhd XKLS:0312 -10.34% 35 Interest Coverage is 26.70 as of Mar. 2026, which is 3% above its 10-year median of 26.04. GuruFocus rates XKLS:0312 with a GF Score™ of 35/100. The stock has 5 warning signs investors should review. Among 1,514 Consumer Packaged Goods companies, Ocean Fresh Bhd ranks better than 59.11% 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 Fresh Bhd's Operating Income for the three months ended in Mar. 2026 was RM0.5 Mil. Ocean Fresh Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-0.0 Mil. Ocean Fresh Bhd's interest coverage for the quarter that ended in Mar. 2026 was 26.70. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0312' s Interest Coverage Range Over the Past 10 Years
Min: 2.26   Med: 26.04   Max: 82.49
Current: 14.2


XKLS:0312's Interest Coverage is ranked better than
59.11% of 1514 companies
in the Consumer Packaged Goods industry
Industry Median: 8.64 vs XKLS:0312: 14.20

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


Ocean Fresh Bhd  (XKLS:0312) 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 Fresh Bhd Interest Coverage Related Terms


Ocean Fresh Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ocean Fresh 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 Fresh Bhd Interest Coverage Chart

Ocean Fresh Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 28.01 82.49 41.46 11.56 2.26

Ocean Fresh Bhd Quarterly Data
Dec20 Dec21 Dec22 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 51.30 9.43 0.00 22.65 26.70

XKLS:0312 vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Ocean Fresh 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 Fresh Bhd Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ocean Fresh Bhd's Interest Coverage distribution charts can be found below:

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


XKLS:0312
35GF Score
Ocean Fresh Bhd XKLS:0312
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Fresh 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 Fresh 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 Fresh Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.341/-0.151
=2.26

Ocean Fresh 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 Fresh Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.534/-0.02
=26.70

* 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 26.70 mean?
Ocean Fresh Bhd (XKLS:0312) has a Interest Coverage of 26.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ocean Fresh Bhd and its competitors. This is near median its historical median of 26.04. Over the past decade, Ocean Fresh Bhd's Interest Coverage has ranged from 2.26 to 82.49. According to the industry distribution chart, Ocean Fresh Bhd ranks #619 out of 1514 companies in the Consumer Packaged Goods industry, placing it in the top 40.9%.
Is Ocean Fresh Bhd's Interest Coverage too high?
Ocean Fresh Bhd's current Interest Coverage of 26.70 is near median its 10-year median of 26.04. Over the past 10 years, this metric has ranged from a low of 2.26 to a high of 82.49. The Consumer Packaged Goods industry median Interest Coverage is 8.64. Ocean Fresh Bhd's value of 26.70 is 209% above this industry median. Based on the distribution chart, Ocean Fresh Bhd ranks #619 out of 1514 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ocean Fresh Bhd has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Ocean Fresh Bhd's Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ocean Fresh Bhd ranks #619 out of 1514 companies for Interest Coverage. This puts Ocean Fresh Bhd in the upper half of its industry. The industry median Interest Coverage is 8.64. Ocean Fresh Bhd's value of 26.70 is 209% above this benchmark. Historically, Ocean Fresh Bhd's own Interest Coverage has ranged from 2.26 to 82.49 over the past decade. While the company's 10-year median is 26.04 vs. the industry median of 8.64, Ocean Fresh 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.64, based on 1,514 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 Fresh Bhd's current Interest Coverage of 26.70 is 209% 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 Fresh Bhd and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Fresh Bhd's current Interest Coverage is 26.70, which is near median its own 10-year median of 26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Fresh Bhd stock overvalued right now?
Ocean Fresh Bhd (XKLS:0312) has a current Interest Coverage of 26.70. The current Interest Coverage is 26.70, which is near median its 10-year median of 26.04 and 209% above the Consumer Packaged Goods industry median of 8.64. Ocean Fresh Bhd's overall GF Score™ is 35/100 with 5 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 Fresh Bhd (XKLS:0312), the current Interest Coverage is 26.70 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.

Ocean Fresh Bhd Business Description

Address Lot 19869, Kampung Baru Peramu, Kuantan, PHG, MYS, 26060
Ocean Fresh Bhd is principally engaged in the business of investment holding. It is a main seafood processing and trading company specialising in frozen seafood products, with a focus on molluscs, fish, and other seafood categories. The Group operates principally within one segment, that is, processing and trading of frozen seafood products. The company has presence in Malaysia, China, Turkey, Thailand, Vietnam, Japan, United States, Italy, Philipines, and Others. The company generates majority of revenue from Turkey. The company's products are Abalone, Ark Shell Meat, Bonito, Cuttlefish, Leather Jacket, Mackerel, Octopus, Pomfret, Prawn, Ribbonfish, Sea Cucumber, Squid, and Tuna.
35GF Score

Get the complete analysis for XKLS:0312

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

RM0.13
Price