Tiong Nam Logistics Holdings Bhd (XKLS:8397) Interest Coverage: 2.28 (As of Mar. 2026) — 36% Above Median


XKLS:8397 Tiong Nam Logistics Holdings Bhd XKLS:8397
51 GF Score
Price RM0.79
GF Value RM0.90
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Tiong Nam Logistics Holdings Bhd Interest Coverage?

Tiong Nam Logistics Holdings Bhd XKLS:8397 +2.60% 51 Interest Coverage is 2.28 as of Mar. 2026, which is 36% above its 10-year median of 1.68. GuruFocus rates XKLS:8397 with a GF Score™ of 51/100 and a GF Value™ of RM0.90 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 845 Transportation companies, Tiong Nam Logistics Holdings Bhd ranks worse than 83.43% 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. Tiong Nam Logistics Holdings Bhd's Operating Income for the three months ended in Mar. 2026 was RM49.3 Mil. Tiong Nam Logistics Holdings Bhd's Interest Expense for the three months ended in Mar. 2026 was RM-21.6 Mil. Tiong Nam Logistics Holdings Bhd's interest coverage for the quarter that ended in Mar. 2026 was 2.28. 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. Tiong Nam Logistics Holdings Bhd interest coverage is 1.68, which is low.

The historical rank and industry rank for Tiong Nam Logistics Holdings Bhd's Interest Coverage or its related term are showing as below:

XKLS:8397' s Interest Coverage Range Over the Past 10 Years
Min: 1.17   Med: 1.68   Max: 4.62
Current: 1.68


XKLS:8397's Interest Coverage is ranked worse than
83.43% of 845 companies
in the Transportation industry
Industry Median: 5.66 vs XKLS:8397: 1.68

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


Tiong Nam Logistics Holdings Bhd  (XKLS:8397) 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 .


Tiong Nam Logistics Holdings Bhd Interest Coverage Related Terms


Tiong Nam Logistics Holdings Bhd Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tiong Nam Logistics Holdings 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.

Tiong Nam Logistics Holdings Bhd Interest Coverage Chart

Tiong Nam Logistics Holdings 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 1.67 2.02 2.13 1.51 1.68

Tiong Nam Logistics Holdings 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 2.49 1.45 1.26 1.74 2.28

XKLS:8397 vs FDX, UPS, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Tiong Nam Logistics Holdings 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.


Tiong Nam Logistics Holdings Bhd Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Tiong Nam Logistics Holdings Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tiong Nam Logistics Holdings Bhd's Interest Coverage falls into.


XKLS:8397
51GF Score
Tiong Nam Logistics Holdings Bhd XKLS:8397
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tiong Nam Logistics Holdings 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.

Tiong Nam Logistics Holdings 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, Tiong Nam Logistics Holdings Bhd's Interest Expense was RM-85.2 Mil. Its Operating Income was RM143.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,524.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*143.002/-85.199
=1.68

Tiong Nam Logistics Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tiong Nam Logistics Holdings Bhd's Interest Expense was RM-21.6 Mil. Its Operating Income was RM49.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,524.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*49.266/-21.631
=2.28

* 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 2.28 mean?
Tiong Nam Logistics Holdings Bhd (XKLS:8397) has a Interest Coverage of 2.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tiong Nam Logistics Holdings Bhd and its competitors. This is 36% above median its historical median of 1.68. Over the past decade, Tiong Nam Logistics Holdings Bhd's Interest Coverage has ranged from 1.17 to 4.62. According to the industry distribution chart, Tiong Nam Logistics Holdings Bhd ranks #705 out of 845 companies in the Transportation industry, placing it in the top 83.4%.
Is Tiong Nam Logistics Holdings Bhd's Interest Coverage too high?
Tiong Nam Logistics Holdings Bhd's current Interest Coverage of 2.28 is 36% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 4.62. The Transportation industry median Interest Coverage is 5.66. Tiong Nam Logistics Holdings Bhd's value of 2.28 is 59.7% below this industry median. Based on the distribution chart, Tiong Nam Logistics Holdings Bhd ranks #705 out of 845 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Tiong Nam Logistics Holdings Bhd has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tiong Nam Logistics Holdings Bhd's Interest Coverage compare to FDX and UPS?
According to the Transportation industry distribution chart, Tiong Nam Logistics Holdings Bhd ranks #705 out of 845 companies for Interest Coverage. This places Tiong Nam Logistics Holdings Bhd in the lower half of its industry. The industry median Interest Coverage is 5.66. Tiong Nam Logistics Holdings Bhd's value of 2.28 is 59.7% below this benchmark. Historically, Tiong Nam Logistics Holdings Bhd's own Interest Coverage has ranged from 1.17 to 4.62 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 5.66, Tiong Nam Logistics Holdings 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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. Tiong Nam Logistics Holdings Bhd's current Interest Coverage of 2.28 is 59.7% 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 Tiong Nam Logistics Holdings Bhd and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiong Nam Logistics Holdings Bhd's current Interest Coverage is 2.28, which is 36% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiong Nam Logistics Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Tiong Nam Logistics Holdings Bhd (XKLS:8397) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.90, compared to a current price of RM0.79 — trading 12.2% below its estimated fair value. The current Interest Coverage is 2.28, which is 36% above median its 10-year median of 1.68 and 59.7% below the Transportation industry median of 5.66. Tiong Nam Logistics Holdings Bhd's overall GF Score™ is 51/100 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 Tiong Nam Logistics Holdings Bhd (XKLS:8397), the current Interest Coverage is 2.28 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 Tiong Nam Logistics Holdings Bhd (XKLS:8397) Overvalued in 2026?

Based on GuruFocus' analysis, Tiong Nam Logistics Holdings Bhd stock appears to be undervalued. The current stock price of RM0.79 is trading 12.2% below its estimated GF Value™ of RM0.90. GuruFocus considers Tiong Nam Logistics Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:8397:

  • Interest Coverage: 2.28 (36% above median its 10-year median of 1.68)
  • GF Value™: RM0.90 vs. price of RM0.79 (12.2% below fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 59.7% below the Transportation median (#705 of 845)

No single metric tells the full story. See the XKLS:8397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tiong Nam Logistics Holdings Bhd Business Description

Address Jalan Kempas Baru, Lot 30462, Johor Bahru, JHR, MYS, 81200
Tiong Nam Logistics Holdings Bhd is a Malaysia-based investment holding company that provides fully integrated logistics and warehousing services in the Asia Pacific region. It operates through four segments, namely Logistics and warehousing services, which is the key revenue driver; Investment, Property Development, and dormitory. It offers a variety of services such as warehouse space management services, trucking and delivery, cross-border transfers, container haulage, heavy transportation, and last-mile delivery for e-commerce companies. The company operates mainly in Malaysia.
51GF Score

Get the complete analysis for XKLS:8397

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

RM0.79
Price
RM0.90
GF Value