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SMRT Holdings Bhd (XKLS:0117) Interest Coverage : 46.07 (As of Dec. 2023)


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What is SMRT Holdings Bhd Interest Coverage?

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. SMRT Holdings Bhd's Operating Income for the three months ended in Dec. 2023 was RM7.56 Mil. SMRT Holdings Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.16 Mil. SMRT Holdings Bhd's interest coverage for the quarter that ended in Dec. 2023 was 46.07. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0117' s Interest Coverage Range Over the Past 10 Years
Min: 0.5   Med: 16.35   Max: 57.14
Current: 15.45


XKLS:0117's Interest Coverage is ranked worse than
51.38% of 181 companies
in the Education industry
Industry Median: 15.51 vs XKLS:0117: 15.45

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


SMRT Holdings Bhd Interest Coverage Historical Data

The historical data trend for SMRT 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.

* Premium members only.

SMRT Holdings Bhd Interest Coverage Chart

SMRT Holdings Bhd Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 42.20 1.41 - 0.50

SMRT Holdings Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23
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 2.24 3.91 13.05 42.41 46.07

Competitive Comparison of SMRT Holdings Bhd's Interest Coverage

For the Education & Training Services subindustry, SMRT 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.


SMRT Holdings Bhd's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, SMRT Holdings Bhd's Interest Coverage distribution charts can be found below:

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



SMRT 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.

SMRT Holdings Bhd's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, SMRT Holdings Bhd's Interest Expense was RM-21.53 Mil. Its Operating Income was RM10.70 Mil. And its Long-Term Debt & Capital Lease Obligation was RM168.35 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*10.698/-21.527
=0.50

SMRT Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, SMRT Holdings Bhd's Interest Expense was RM-0.16 Mil. Its Operating Income was RM7.56 Mil. And its Long-Term Debt & Capital Lease Obligation was RM10.19 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*7.556/-0.164
=46.07

* 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.


SMRT Holdings Bhd  (XKLS:0117) 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 .


SMRT Holdings Bhd Interest Coverage Related Terms

Thank you for viewing the detailed overview of SMRT Holdings Bhd's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


SMRT Holdings Bhd (XKLS:0117) Business Description

Traded in Other Exchanges
N/A
Address
University of Cyberjaya Campus, Level 8, Tower Block, Persiaran Bestari, Cyber 11, Cyberjaya, SGR, MYS, 63000
SMRT Holdings Bhd is a Malaysian company that is principally engaged in investment holding. The operating segments of the company are Education & Training, and Technology. The Education and training segment of operating educational institutions and provisions educational management services, human resources or human resources development training, consulting, outsourcing, events, learning resources, and advisory support services.; and Technology segment provides software consultancy and development and its related services. The Education & training segment generates maximum revenue for the company. The company operates solely in Malaysia.

SMRT Holdings Bhd (XKLS:0117) Headlines

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