AYS Ventures Bhd (XKLS:5021) Interest Coverage: 1.23 (As of Mar. 2026) — 64% Below 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:5021 AYS Ventures Bhd XKLS:5021
31 GF Score
Price RM0.22
GF Value RM0.27
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is AYS Ventures Bhd Interest Coverage?

AYS Ventures Bhd XKLS:5021 31 Interest Coverage is 1.23 as of Mar. 2026, which is 64% below its 10-year median of 3.43. GuruFocus rates XKLS:5021 with a GF Score™ of 31/100 and a GF Value™ of RM0.27 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 457 Steel companies, AYS Ventures Bhd ranks worse than 97.59% 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. AYS Ventures Bhd's Operating Income for the three months ended in Mar. 2026 was RM5 Mil. AYS Ventures Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-4 Mil. AYS Ventures Bhd's interest coverage for the quarter that ended in Mar. 2026 was 1.23. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AYS Ventures Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XKLS:5021' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 3.43   Max: 16.11
Current: 0.23


XKLS:5021's Interest Coverage is ranked worse than
97.59% of 457 companies
in the Steel industry
Industry Median: 4.39 vs XKLS:5021: 0.23

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


AYS Ventures Bhd  (XKLS:5021) 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 .


AYS Ventures Bhd Interest Coverage Related Terms


AYS Ventures Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for AYS Ventures 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.

AYS Ventures Bhd Interest Coverage Chart

AYS Ventures Bhd Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.11 4.24 2.27 0.36 0.27

AYS Ventures Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.28 0.11 0.00 1.26 1.23

XKLS:5021 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, AYS Ventures 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.


AYS Ventures Bhd Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, AYS Ventures Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AYS Ventures Bhd's Interest Coverage falls into.


XKLS:5021
31GF Score
AYS Ventures Bhd XKLS:5021
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AYS Ventures 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.

AYS Ventures Bhd's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, AYS Ventures Bhd's Interest Expense was RM-17 Mil. Its Operating Income was RM5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM33 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4.512/-16.736
=0.27

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

Here, for the three months ended in Mar. 2026, AYS Ventures Bhd's Interest Expense was RM-4 Mil. Its Operating Income was RM5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM33 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.806/-3.896
=1.23

* 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 1.23 mean?
AYS Ventures Bhd (XKLS:5021) has a Interest Coverage of 1.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AYS Ventures Bhd and its competitors. This is 64% below median its historical median of 3.43. Over the past decade, AYS Ventures Bhd's Interest Coverage has ranged from 0.23 to 16.11. According to the industry distribution chart, AYS Ventures Bhd ranks #446 out of 457 companies in the Steel industry, placing it in the top 97.6%.
Is AYS Ventures Bhd's Interest Coverage too high?
AYS Ventures Bhd's current Interest Coverage of 1.23 is 64% below median its 10-year median of 3.43. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 16.11. The Steel industry median Interest Coverage is 4.39. AYS Ventures Bhd's value of 1.23 is 72% below this industry median. Based on the distribution chart, AYS Ventures Bhd ranks #446 out of 457 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, AYS Ventures Bhd has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AYS Ventures Bhd's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, AYS Ventures Bhd ranks #446 out of 457 companies for Interest Coverage. This places AYS Ventures Bhd in the lower half of its industry. The industry median Interest Coverage is 4.39. AYS Ventures Bhd's value of 1.23 is 72% below this benchmark. Historically, AYS Ventures Bhd's own Interest Coverage has ranged from 0.23 to 16.11 over the past decade. While the company's 10-year median is 3.43 vs. the industry median of 4.39, AYS Ventures 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 Steel company?
The median Interest Coverage among Steel companies is 4.39, based on 457 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. AYS Ventures Bhd's current Interest Coverage of 1.23 is 72% 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 AYS Ventures Bhd and its competitors. For the Steel industry, the median Interest Coverage is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYS Ventures Bhd's current Interest Coverage is 1.23, which is 64% below median its own 10-year median of 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYS Ventures Bhd stock overvalued right now?
Based on GuruFocus' analysis, AYS Ventures Bhd (XKLS:5021) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.27, compared to a current price of RM0.22 — trading 20.4% below its estimated fair value. The current Interest Coverage is 1.23, which is 64% below median its 10-year median of 3.43 and 72% below the Steel industry median of 4.39. AYS Ventures Bhd's overall GF Score™ is 31/100 with 8 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 AYS Ventures Bhd (XKLS:5021), the current Interest Coverage is 1.23 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.

Is AYS Ventures Bhd (XKLS:5021) Overvalued in 2026?

Based on GuruFocus' analysis, AYS Ventures Bhd stock appears to be undervalued. The current stock price of RM0.22 is trading 20.4% below its estimated GF Value™ of RM0.27. GuruFocus considers AYS Ventures Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:5021:

  • Interest Coverage: 1.23 (64% below median its 10-year median of 3.43)
  • GF Value™: RM0.27 vs. price of RM0.22 (20.4% below fair value)
  • GF Score™: 31/100 with 8 warning signs
  • Industry Position: 72% below the Steel median (#446 of 457)

No single metric tells the full story. See the XKLS:5021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AYS Ventures Bhd Business Description

Address Jalan Haji Abdul Manan, Lot 6488, Klang, SGR, MYS, 42100
AYS Ventures Bhd is an investment holding company. Along with its subsidiaries, it is principally involved in the trading and manufacturing of steel, construction, and related products. The group's operating business segments are Trading and services, Manufacturing, and Others. The majority of its revenue is generated from the Trading and services segment, which is engaged in trading and marketing of steel products and all types of construction materials, warehousing, and storage services. The Manufacturing segment is involved in the manufacturing and trading of purlin, structural steel components, and other steel products. Geographically, the group generates maximum revenue from Malaysia, followed by Singapore, the Asia-Pacific Economic Cooperation countries, and other countries.
31GF Score

Get the complete analysis for XKLS:5021

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

RM0.22
Price
RM0.27
GF Value