ASTEEL Group BhdXKLS:7020 Interest Coverage is 31.69 as of Mar. 2026, which is 1832% above its 10-year median of 1.64. The stock has 4 warning signs investors should review. Among 456 Steel companies, ASTEEL Group Bhd ranks better than 66.01% 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. ASTEEL Group Bhd's
Operating Income
for the
three
months ended in Mar. 2026 was RM61.9 Mil. ASTEEL Group Bhd's Interest Expense for the
three
months ended in Mar. 2026 was RM-2.0 Mil.
ASTEEL Group Bhd's interest coverage for the quarter that ended in Mar. 2026 was 31.69.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for ASTEEL Group Bhd's Interest Coverage or its related term are showing as below:
XKLS:7020'
s Interest Coverage Range Over the Past 10 Years
Min: 0.14 Med: 1.64 Max: 9.95
Current: 9.95
XKLS:7020's Interest Coverage is ranked better than 66.01% of 456
companies
in the Steel industry
Industry Median: 4.445
vs XKLS:7020: 9.95
ASTEEL Group Bhd (XKLS:7020) 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 .
ASTEEL Group Bhd Interest Coverage Related Terms
ASTEEL Group Bhd Interest Coverage Historical Data
* Premium members only.
The historical data trend for ASTEEL Group 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:7020 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, ASTEEL Group 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.
ASTEEL Group Bhd Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, ASTEEL Group Bhd's Interest Coverage distribution charts can be found below:
* The bar in red indicates where ASTEEL Group 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.
ASTEEL Group Bhd (XKLS:7020) has a Interest Coverage of 31.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ASTEEL Group Bhd and its competitors. This is 1832% above median its historical median of 1.64. Over the past decade, ASTEEL Group Bhd's Interest Coverage has ranged from 0.14 to 9.95. According to the industry distribution chart, ASTEEL Group Bhd ranks #155 out of 456 companies in the Steel industry, placing it in the top 34%.
Is ASTEEL Group Bhd's Interest Coverage too high?
ASTEEL Group Bhd's current Interest Coverage of 31.69 is 1832% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 9.95. The Steel industry median Interest Coverage is 4.45. ASTEEL Group Bhd's value of 31.69 is 612.9% above this industry median. Based on the distribution chart, ASTEEL Group Bhd ranks #155 out of 456 companies in the Steel industry, which is above the industry midpoint.
How does ASTEEL Group Bhd's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, ASTEEL Group Bhd ranks #155 out of 456 companies for Interest Coverage. This puts ASTEEL Group Bhd in the upper half of its industry. The industry median Interest Coverage is 4.45. ASTEEL Group Bhd's value of 31.69 is 612.9% above this benchmark. Historically, ASTEEL Group Bhd's own Interest Coverage has ranged from 0.14 to 9.95 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 4.45, ASTEEL Group 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 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. ASTEEL Group Bhd's current Interest Coverage of 31.69 is 612.9% 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 ASTEEL Group 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. ASTEEL Group Bhd's current Interest Coverage is 31.69, which is 1832% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASTEEL Group Bhd stock overvalued right now?
Based on GuruFocus' analysis, ASTEEL Group Bhd (XKLS:7020) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.09, compared to a current price of RM0.06 — trading 33.3% below its estimated fair value. The current Interest Coverage is 31.69, which is 1832% above median its 10-year median of 1.64 and 612.9% above the Steel industry median of 4.45. 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 ASTEEL Group Bhd (XKLS:7020), the current Interest Coverage is 31.69 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.
ASTEEL Group Bhd specializes in steel roofing and structure design and building, and focuses on the downstream industry for other building and construction materials. It is involved in the manufacturing of coated steel products and processing of metal roofing, wall cladding & fencing, metal floor decking, light gauge structural components, purlins, and framing systems under the brands ASTEEL and ASTAR. The firm operates in two segments: ARSB and STARSHINE. The ARSB segment that generates the majority of its revenue, engages in manufacturing and selling coated steel products and downstream roofing products, trading of hardware and building materials in Sabah and Sarawak, East Malaysia.
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