Chemlite Innovation Bhd (XKLS:0348) Interest Coverage: 10.33 (As of Mar. 2026) — 28% Above Median


XKLS:0348 Chemlite Innovation Bhd XKLS:0348
20 GF Score
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! 3 Warning Signs
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What is Chemlite Innovation Bhd Interest Coverage?

Chemlite Innovation Bhd XKLS:0348 20 Interest Coverage is 10.33 as of Mar. 2026, which is 28% above its 10-year median of 8.06. GuruFocus rates XKLS:0348 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 2,325 Industrial Products companies, Chemlite Innovation Bhd ranks worse than 61.89% 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. Chemlite Innovation Bhd's Operating Income for the three months ended in Mar. 2026 was RM1.41 Mil. Chemlite Innovation Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-0.14 Mil. Chemlite Innovation Bhd's interest coverage for the quarter that ended in Mar. 2026 was 10.33. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0348' s Interest Coverage Range Over the Past 10 Years
Min: 6.56   Med: 8.06   Max: 17.71
Current: 8.76


XKLS:0348's Interest Coverage is ranked worse than
61.89% of 2325 companies
in the Industrial Products industry
Industry Median: 14.87 vs XKLS:0348: 8.76

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


Chemlite Innovation Bhd  (XKLS:0348) 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 .


Chemlite Innovation Bhd Interest Coverage Related Terms


Chemlite Innovation Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Chemlite Innovation 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.

Chemlite Innovation Bhd Interest Coverage Chart

Chemlite Innovation Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
6.75 13.81 17.71 8.06 6.56

Chemlite Innovation Bhd Quarterly Data
Dec21 Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 2.10 3.62 5.93 17.54 10.33

XKLS:0348 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, Chemlite Innovation 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.


Chemlite Innovation Bhd Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chemlite Innovation Bhd's Interest Coverage distribution charts can be found below:

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


XKLS:0348
20GF Score
Chemlite Innovation Bhd XKLS:0348
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Chemlite Innovation 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.

Chemlite Innovation 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, Chemlite Innovation Bhd's Interest Expense was RM-0.78 Mil. Its Operating Income was RM5.13 Mil. And its Long-Term Debt & Capital Lease Obligation was RM9.40 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5.133/-0.783
=6.56

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

Here, for the three months ended in Mar. 2026, Chemlite Innovation Bhd's Interest Expense was RM-0.14 Mil. Its Operating Income was RM1.41 Mil. And its Long-Term Debt & Capital Lease Obligation was RM8.44 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.405/-0.136
=10.33

* 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 10.33 mean?
Chemlite Innovation Bhd (XKLS:0348) has a Interest Coverage of 10.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chemlite Innovation Bhd and its competitors. This is 28% above median its historical median of 8.06. Over the past decade, Chemlite Innovation Bhd's Interest Coverage has ranged from 6.56 to 17.71. According to the industry distribution chart, Chemlite Innovation Bhd ranks #1439 out of 2325 companies in the Industrial Products industry, placing it in the top 61.9%.
Is Chemlite Innovation Bhd's Interest Coverage too high?
Chemlite Innovation Bhd's current Interest Coverage of 10.33 is 28% above median its 10-year median of 8.06. Over the past 10 years, this metric has ranged from a low of 6.56 to a high of 17.71. The Industrial Products industry median Interest Coverage is 14.87. Chemlite Innovation Bhd's value of 10.33 is 30.5% below this industry median. Based on the distribution chart, Chemlite Innovation Bhd ranks #1439 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Chemlite Innovation Bhd has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Chemlite Innovation Bhd's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Chemlite Innovation Bhd ranks #1439 out of 2325 companies for Interest Coverage. This places Chemlite Innovation Bhd in the lower half of its industry. The industry median Interest Coverage is 14.87. Chemlite Innovation Bhd's value of 10.33 is 30.5% below this benchmark. Historically, Chemlite Innovation Bhd's own Interest Coverage has ranged from 6.56 to 17.71 over the past decade. While the company's 10-year median is 8.06 vs. the industry median of 14.87, Chemlite Innovation 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. Chemlite Innovation Bhd's current Interest Coverage of 10.33 is 30.5% 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 Chemlite Innovation Bhd and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemlite Innovation Bhd's current Interest Coverage is 10.33, which is 28% above median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemlite Innovation Bhd stock overvalued right now?
Chemlite Innovation Bhd (XKLS:0348) has a current Interest Coverage of 10.33. The current Interest Coverage is 10.33, which is 28% above median its 10-year median of 8.06 and 30.5% below the Industrial Products industry median of 14.87. Chemlite Innovation Bhd's overall GF Score™ is 20/100 with 3 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 Chemlite Innovation Bhd (XKLS:0348), the current Interest Coverage is 10.33 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.

Chemlite Innovation Bhd Business Description

Address No. 1297, Lorong Perindustrian Bukit Minyak 22, Taman Perindustrian Bukit Minyak (Penang Science Park, Simpang Ampat, PNG, MYS, 14100
Chemlite Innovation Bhd operates in the engineering support industry. It provide surface finishing treatment services to companies operating in the semiconductor and E&E industries. It specialises in the provision of metal plating services on intermediate metal products, plating a composition of multi-layer metal coatings. It also provide non-metal plating services on intermediate metal products, which include anodising and other non-metal plating services. The company operates in two business segments: Metal plating and Non-metal plating. Key revenue is generated from Metal plating, which includes the deposition of additional layers of metal coatings onto the surface of the intermediate metal products. It generates maximum revenue from Malaysia.
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