diff --git a/level_zero/core/source/helpers/api_specific_config_l0.cpp b/level_zero/core/source/helpers/api_specific_config_l0.cpp
index b5c15f4494..e260823fcd 100644
--- a/level_zero/core/source/helpers/api_specific_config_l0.cpp
+++ b/level_zero/core/source/helpers/api_specific_config_l0.cpp
@@ -72,6 +72,6 @@ const StackVec<DebugVarPrefix, 4> &ApiSpecificConfig::getPrefixTypes() {
 
 bool ApiSpecificConfig::isSharedAllocPrefetchEnabled() {
     return (NEO::DebugManager.flags.ForceMemoryPrefetchForKmdMigratedSharedAllocations.get() ||
-            (NEO::DebugManager.flags.EnableBOChunkingPrefetch.get() && ((NEO::DebugManager.flags.EnableBOChunking.get()) & 0x1)));
+            (NEO::DebugManager.flags.EnableBOChunkingPrefetch.get() && ((NEO::DebugManager.flags.EnableBOChunking.get()) != -1) && ((NEO::DebugManager.flags.EnableBOChunking.get()) & 0x1)));
 }
 } // namespace NEO
diff --git a/level_zero/core/test/unit_tests/sources/helper/api_specific_config_l0_tests.cpp b/level_zero/core/test/unit_tests/sources/helper/api_specific_config_l0_tests.cpp
index 9f3f1d9fcd..fdb994662c 100644
--- a/level_zero/core/test/unit_tests/sources/helper/api_specific_config_l0_tests.cpp
+++ b/level_zero/core/test/unit_tests/sources/helper/api_specific_config_l0_tests.cpp
@@ -53,6 +53,38 @@ TEST(ApiSpecificConfigL0Tests, GivenDebugFlagSetWhenCheckingIfDynamicPostSyncAll
     EXPECT_FALSE(ApiSpecificConfig::isDynamicPostSyncAllocLayoutEnabled());
 }
 
+TEST(ApiSpecificConfigL0Tests, GivenDebugFlagCombinationsGetCorrectSharedAllocPrefetchEnabled) {
+    DebugManagerStateRestore restore;
+
+    EXPECT_FALSE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.ForceMemoryPrefetchForKmdMigratedSharedAllocations.set(true);
+
+    EXPECT_TRUE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.ForceMemoryPrefetchForKmdMigratedSharedAllocations.set(false);
+
+    DebugManager.flags.EnableBOChunkingPrefetch.set(true);
+
+    EXPECT_FALSE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.EnableBOChunking.set(1);
+
+    EXPECT_TRUE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.EnableBOChunking.set(2);
+
+    EXPECT_FALSE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.EnableBOChunking.set(3);
+
+    EXPECT_TRUE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+
+    DebugManager.flags.EnableBOChunking.set(0);
+
+    EXPECT_FALSE(ApiSpecificConfig::isSharedAllocPrefetchEnabled());
+}
+
 TEST(ImplicitScalingApiTests, givenLevelZeroApiUsedThenSupportEnabled) {
     EXPECT_TRUE(ImplicitScaling::apiSupport);
 }