Elridge Energy Holdings Bhd (XKLS:0318) Interest Coverage: 15.57 (As of Mar. 2026) — 23% Above Median


XKLS:0318 Elridge Energy Holdings Bhd XKLS:0318
18 GF Score
Price RM0.92
! 2 Warning Signs
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What is Elridge Energy Holdings Bhd Interest Coverage?

Elridge Energy Holdings Bhd XKLS:0318 +1.72% 18 Interest Coverage is 15.57 as of Mar. 2026, which is 23% above its 10-year median of 12.68. GuruFocus rates XKLS:0318 with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Elridge Energy Holdings Bhd ranks better than 86.92% 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. Elridge Energy Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM25.7 Mil. Elridge Energy Holdings Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-1.7 Mil. Elridge Energy Holdings Bhd's interest coverage for the quarter that ended in Mar. 2026 was 15.57. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0318' s Interest Coverage Range Over the Past 10 Years
Min: 1.75   Med: 12.68   Max: 17.06
Current: 12.95


XKLS:0318's Interest Coverage is ranked better than
86.92% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs XKLS:0318: 12.95

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


Elridge Energy Holdings Bhd  (XKLS:0318) 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 .


Elridge Energy Holdings Bhd Interest Coverage Related Terms


Elridge Energy Holdings Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Elridge Energy 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.

Elridge Energy Holdings Bhd Interest Coverage Chart

Elridge Energy Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
1.75 2.91 15.45 17.06 12.68

Elridge Energy Holdings Bhd Quarterly Data
Dec21 Dec22 Dec23 Apr24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 19.29 14.29 9.78 13.14 15.57

Elridge Energy Holdings Bhd Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Elridge Energy 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.


Elridge Energy Holdings Bhd Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Elridge Energy Holdings Bhd's Interest Coverage distribution charts can be found below:

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


XKLS:0318
18GF Score
Elridge Energy Holdings Bhd XKLS:0318
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Elridge Energy 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.

Elridge Energy 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, Elridge Energy Holdings Bhd's Interest Expense was RM-6.2 Mil. Its Operating Income was RM78.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM25.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*78.558/-6.195
=12.68

Elridge Energy 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, Elridge Energy Holdings Bhd's Interest Expense was RM-1.7 Mil. Its Operating Income was RM25.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM25.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*25.729/-1.652
=15.57

* 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 15.57 mean?
Elridge Energy Holdings Bhd (XKLS:0318) has a Interest Coverage of 15.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Elridge Energy Holdings Bhd and its competitors. This is 23% above median its historical median of 12.68. Over the past decade, Elridge Energy Holdings Bhd's Interest Coverage has ranged from 1.75 to 17.06. According to the industry distribution chart, Elridge Energy Holdings Bhd ranks #42 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.1%.
Is Elridge Energy Holdings Bhd's Interest Coverage too high?
Elridge Energy Holdings Bhd's current Interest Coverage of 15.57 is 23% above median its 10-year median of 12.68. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 17.06. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Elridge Energy Holdings Bhd's value of 15.57 is 462.1% above this industry median. Based on the distribution chart, Elridge Energy Holdings Bhd ranks #42 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Elridge Energy Holdings Bhd has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Elridge Energy Holdings Bhd's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Elridge Energy Holdings Bhd ranks #42 out of 321 companies for Interest Coverage. This places Elridge Energy Holdings Bhd in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 2.77. Elridge Energy Holdings Bhd's value of 15.57 is 462.1% above this benchmark. Historically, Elridge Energy Holdings Bhd's own Interest Coverage has ranged from 1.75 to 17.06 over the past decade. While the company's 10-year median is 12.68 vs. the industry median of 2.77, Elridge Energy 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 Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 321 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. Elridge Energy Holdings Bhd's current Interest Coverage of 15.57 is 462.1% 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 Elridge Energy Holdings Bhd and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elridge Energy Holdings Bhd's current Interest Coverage is 15.57, which is 23% above median its own 10-year median of 12.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elridge Energy Holdings Bhd stock overvalued right now?
Elridge Energy Holdings Bhd (XKLS:0318) has a current Interest Coverage of 15.57. The current Interest Coverage is 15.57, which is 23% above median its 10-year median of 12.68 and 462.1% above the Utilities - Independent Power Producers industry median of 2.77. Elridge Energy Holdings Bhd's overall GF Score™ is 18/100 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 Elridge Energy Holdings Bhd (XKLS:0318), the current Interest Coverage is 15.57 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.

Elridge Energy Holdings Bhd Business Description

Address 61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Elridge Energy Holdings Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the manufacturing and trading of biomass fuel products, particularly Palm Kernel Shells (PKS) and wood pellets. Geographically, the group generates a majority of its revenue from Malaysia, followed by Indonesia, Japan, Singapore, and Thailand.
18GF Score

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

RM0.92
Price