IGB Real Estate Investment Trust (XKLS:5227) Interest Coverage: 8.20 (As of Mar. 2026) — 17% Above Median


XKLS:5227 IGB Real Estate Investment Trust XKLS:5227
91 GF Score
Price RM2.73
GF Value RM2.62
Valuation Fairly Valued
! 2 Warning Signs
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What is IGB Real Estate Investment Trust Interest Coverage?

IGB Real Estate Investment Trust XKLS:5227 -0.73% 91 Interest Coverage is 8.20 as of Mar. 2026, which is 17% above its 10-year median of 7.01. GuruFocus rates XKLS:5227 with a GF Score™ of 91/100 and a GF Value™ of RM2.62 (Fairly Valued). The stock has 2 warning signs investors should review. Among 701 REITs companies, IGB Real Estate Investment Trust ranks better than 74.61% 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. IGB Real Estate Investment Trust's Operating Income for the three months ended in Mar. 2026 was RM188.3 Mil. IGB Real Estate Investment Trust's Interest Expense for the three months ended in Mar. 2026 was RM-23.0 Mil. IGB Real Estate Investment Trust's interest coverage for the quarter that ended in Mar. 2026 was 8.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for IGB Real Estate Investment Trust's Interest Coverage or its related term are showing as below:

XKLS:5227' s Interest Coverage Range Over the Past 10 Years
Min: 4.61   Med: 7.01   Max: 8.3
Current: 8.1


XKLS:5227's Interest Coverage is ranked better than
74.61% of 701 companies
in the REITs industry
Industry Median: 3.12 vs XKLS:5227: 8.10

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


IGB Real Estate Investment Trust  (XKLS:5227) 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 .


IGB Real Estate Investment Trust Interest Coverage Related Terms


IGB Real Estate Investment Trust Interest Coverage Historical Data

* Premium members only.

The historical data trend for IGB Real Estate Investment Trust'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.

IGB Real Estate Investment Trust Interest Coverage Chart

IGB Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 7.16 7.54 7.64 8.30

IGB Real Estate Investment Trust 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 9.15 8.10 8.38 7.76 8.20

XKLS:5227 vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, IGB Real Estate Investment Trust'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.


IGB Real Estate Investment Trust Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, IGB Real Estate Investment Trust's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IGB Real Estate Investment Trust's Interest Coverage falls into.


XKLS:5227
91GF Score
IGB Real Estate Investment Trust XKLS:5227
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGB Real Estate Investment Trust 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.

IGB Real Estate Investment Trust'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, IGB Real Estate Investment Trust's Interest Expense was RM-58.5 Mil. Its Operating Income was RM485.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2,228.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*485.802/-58.542
=8.30

IGB Real Estate Investment Trust's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, IGB Real Estate Investment Trust's Interest Expense was RM-23.0 Mil. Its Operating Income was RM188.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2,228.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*188.349/-22.98
=8.20

* 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 8.20 mean?
IGB Real Estate Investment Trust (XKLS:5227) has a Interest Coverage of 8.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IGB Real Estate Investment Trust and its competitors. This is 17% above median its historical median of 7.01. Over the past decade, IGB Real Estate Investment Trust's Interest Coverage has ranged from 4.61 to 8.30. According to the industry distribution chart, IGB Real Estate Investment Trust ranks #178 out of 701 companies in the REITs industry, placing it in the top 25.4%.
Is IGB Real Estate Investment Trust's Interest Coverage too high?
IGB Real Estate Investment Trust's current Interest Coverage of 8.20 is 17% above median its 10-year median of 7.01. Over the past 10 years, this metric has ranged from a low of 4.61 to a high of 8.30. The REITs industry median Interest Coverage is 3.12. IGB Real Estate Investment Trust's value of 8.20 is 162.8% above this industry median. Based on the distribution chart, IGB Real Estate Investment Trust ranks #178 out of 701 companies in the REITs industry, which is above the industry midpoint. Overall, IGB Real Estate Investment Trust has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IGB Real Estate Investment Trust's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, IGB Real Estate Investment Trust ranks #178 out of 701 companies for Interest Coverage. This puts IGB Real Estate Investment Trust in the upper half of its industry. The industry median Interest Coverage is 3.12. IGB Real Estate Investment Trust's value of 8.20 is 162.8% above this benchmark. Historically, IGB Real Estate Investment Trust's own Interest Coverage has ranged from 4.61 to 8.30 over the past decade. While the company's 10-year median is 7.01 vs. the industry median of 3.12, IGB Real Estate Investment Trust 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 REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 701 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. IGB Real Estate Investment Trust's current Interest Coverage of 8.20 is 162.8% 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 IGB Real Estate Investment Trust and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGB Real Estate Investment Trust's current Interest Coverage is 8.20, which is 17% above median its own 10-year median of 7.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGB Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, IGB Real Estate Investment Trust (XKLS:5227) is currently considered Fairly Valued. The stock's GF Value™ is RM2.62, compared to a current price of RM2.73 — trading 4.2% above its estimated fair value. The current Interest Coverage is 8.20, which is 17% above median its 10-year median of 7.01 and 162.8% above the REITs industry median of 3.12. IGB Real Estate Investment Trust's overall GF Score™ is 91/100 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 IGB Real Estate Investment Trust (XKLS:5227), the current Interest Coverage is 8.20 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 IGB Real Estate Investment Trust (XKLS:5227) Overvalued in 2026?

Based on GuruFocus' analysis, IGB Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM2.73 is trading 4.2% above its estimated GF Value™ of RM2.62. GuruFocus considers IGB Real Estate Investment Trust to be Fairly Valued.

Key valuation signals for XKLS:5227:

  • Interest Coverage: 8.20 (17% above median its 10-year median of 7.01)
  • GF Value™: RM2.62 vs. price of RM2.73 (4.2% above fair value)
  • GF Score™: 91/100 with 2 warning signs
  • Industry Position: 162.8% above the REITs median (#178 of 701)

No single metric tells the full story. See the XKLS:5227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGB Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address Level 32, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 59200
IGB Real Estate Investment Trust is a Malaysian retail property investment company. The company's portfolio includes retail properties and mixed-use developments which have a retail component. Properties are located both domestically and internationally. The company has two retail malls in its portfolio: MVM, which is the Mid Valley Megamall; and TGM, which refers to the Gardens Mall. MVM delivers more than twice as much revenue as TGM. The trust generates the majority of revenue from leasing its properties, in addition to service and promotional charges from tenants.
91GF Score

Get the complete analysis for XKLS:5227

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

RM2.73
Price
RM2.62
GF Value