Mycron Steel BhdXKLS:5087 41 Interest Coverage is 0.34 as of Mar. 2026, which is 93% below its 10-year median of 4.57. GuruFocus rates XKLS:5087 with a GF Score™ of 41/100 and a GF Value™ of RM0.31 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 456 Steel companies, Mycron Steel Bhd ranks worse than 65.13% 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. Mycron Steel Bhd's
Operating Income
for the
three
months ended in Mar. 2026 was RM0.3 Mil. Mycron Steel Bhd's Interest Expense for the
three
months ended in Mar. 2026 was RM-0.8 Mil.
Mycron Steel Bhd's interest coverage for the quarter that ended in Mar. 2026 was 0.34.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mycron Steel Bhd's Interest Coverage or its related term are showing as below:
XKLS:5087'
s Interest Coverage Range Over the Past 10 Years
Min: 1.16 Med: 4.57 Max: 18.97
Current: 2.8
XKLS:5087's Interest Coverage is ranked worse than 65.13% of 456
companies
in the Steel industry
Industry Median: 4.445
vs XKLS:5087: 2.80
Mycron Steel Bhd (XKLS:5087) 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 .
Mycron Steel Bhd Interest Coverage Related Terms
Mycron Steel Bhd Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mycron Steel 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.
XKLS:5087 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Mycron Steel 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.
Mycron Steel Bhd Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Mycron Steel Bhd's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mycron Steel Bhd's Interest Coverage falls into.
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.
Mycron Steel Bhd (XKLS:5087) has a Interest Coverage of 0.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mycron Steel Bhd and its competitors. This is 93% below median its historical median of 4.57. Over the past decade, Mycron Steel Bhd's Interest Coverage has ranged from 1.16 to 18.97. According to the industry distribution chart, Mycron Steel Bhd ranks #297 out of 456 companies in the Steel industry, placing it in the top 65.1%.
Is Mycron Steel Bhd's Interest Coverage too high?
Mycron Steel Bhd's current Interest Coverage of 0.34 is 93% below median its 10-year median of 4.57. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 18.97. The Steel industry median Interest Coverage is 4.45. Mycron Steel Bhd's value of 0.34 is 92.4% below this industry median. Based on the distribution chart, Mycron Steel Bhd ranks #297 out of 456 companies in the Steel industry, which is below the industry midpoint. Overall, Mycron Steel Bhd has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mycron Steel Bhd's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Mycron Steel Bhd ranks #297 out of 456 companies for Interest Coverage. This places Mycron Steel Bhd in the lower half of its industry. The industry median Interest Coverage is 4.45. Mycron Steel Bhd's value of 0.34 is 92.4% below this benchmark. Historically, Mycron Steel Bhd's own Interest Coverage has ranged from 1.16 to 18.97 over the past decade. While the company's 10-year median is 4.57 vs. the industry median of 4.45, Mycron Steel 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 4.45, based on 456 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. Mycron Steel Bhd's current Interest Coverage of 0.34 is 92.4% 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 Mycron Steel Bhd and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mycron Steel Bhd's current Interest Coverage is 0.34, which is 93% below median its own 10-year median of 4.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mycron Steel Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mycron Steel Bhd (XKLS:5087) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.31, compared to a current price of RM0.24 — trading 22.6% below its estimated fair value. The current Interest Coverage is 0.34, which is 93% below median its 10-year median of 4.57 and 92.4% below the Steel industry median of 4.45. Mycron Steel Bhd's overall GF Score™ is 41/100 with 4 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 Mycron Steel Bhd (XKLS:5087), the current Interest Coverage is 0.34 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 Mycron Steel Bhd (XKLS:5087) Overvalued in 2026?
Based on GuruFocus' analysis, Mycron Steel Bhd stock appears to be undervalued.
The current stock price of RM0.24 is trading 22.6% below its estimated GF Value™ of RM0.31.
GuruFocus considers Mycron Steel Bhd to be Modestly Undervalued.
Key valuation signals for XKLS:5087:
Interest Coverage: 0.34 (93% below median its 10-year median of 4.57)
GF Value™: RM0.31 vs. price of RM0.24 (22.6% below fair value)
Industry Position: 92.4% below the Steel median (#297 of 456)
No single metric tells the full story. See the XKLS:5087 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mycron Steel Bhd is involved in the manufacturing of accessories made from steel, steel tubes, and pipes. The company mainly involves in the manufacture of Cold rolled coil-related products used in automotive, electrical appliances, electronics, and construction industries; Steel tubes, and Others. Its product portfolio includes cold-rolled electrical sheets, galvanized zinc sheets, tin-plated sheets, and electro-galvanized iron sheets. The company's operating segment includes Cold rolled coil; Steel tube and others. It generates maximum revenue from the Cold rolled Coil following Steel Tube.
41GF Score
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