Inari Amertron Bhd (XKLS:0166) Interest Coverage : 226.49 (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Inari Amertron 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. Inari Amertron Bhd's Operating Income for the three months ended in Dec. 2023 was RM74 Mil. Inari Amertron Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0 Mil. Inari Amertron Bhd's interest coverage for the quarter that ended in Dec. 2023 was 226.49. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Inari Amertron Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:0166' s Interest Coverage Range Over the Past 10 Years
Min: 39.81 Med: 199.15 Max: 1387.94
Current: 165.97

XKLS:0166's Interest Coverage is ranked better than
78.71% of 620 companies
in the Semiconductors industry
Industry Median: 20.52 vs XKLS:0166: 165.97

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

Inari Amertron Bhd Interest Coverage Historical Data

The historical data trend for Inari Amertron 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.

Inari Amertron Bhd Interest Coverage Chart

Inari Amertron Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Coverage

Get a 7-Day Free Trial

204.43

279.77

1,387.94

567.80

206.30

Inari Amertron Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															294.36	158.00	108.99	196.76	226.49

Competitive Comparison of Inari Amertron Bhd's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, Inari Amertron 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.

Inari Amertron Bhd's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Inari Amertron Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Inari Amertron Bhd's Interest Coverage falls into.

Inari Amertron 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.

Inari Amertron Bhd's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Inari Amertron Bhd's Interest Expense was RM-1 Mil. Its Operating Income was RM303 Mil. And its Long-Term Debt & Capital Lease Obligation was RM15 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2023 )	/	Interest Expense (A: Jun. 2023 )
	=	-1	*	303.054	/	-1.469
	=	206.30

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

Here, for the three months ended in Dec. 2023, Inari Amertron Bhd's Interest Expense was RM-0 Mil. Its Operating Income was RM74 Mil. And its Long-Term Debt & Capital Lease Obligation was RM15 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	74.289	/	-0.328
	=	226.49

The higher the ratio, the stronger the company's Financial Strength is.

Inari Amertron Bhd (XKLS:0166) 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 .

Inari Amertron Bhd Interest Coverage Related Terms

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

Inari Amertron Bhd (XKLS:0166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Inari Amertron Bhd (XKLS:0166) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

D-07-03, Plaza Kelana Jaya Jalan SS 7/13A, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.inari-amertron.com

Inari Amertron Bhd is a Malaysia-based investment holding company that is principally engaged in the outsourced semiconductor assembly and test services and electronics manufacturing services industries through a number of subsidiaries. The company's business segments include an electronic manufacturing services segment, an original design manufacturer of electronic test and measurement equipment segment, and an investment holding segment. The electronic manufacturing services segment contributes the majority of total revenue. The company has a business presence in Malaysia, Singapore, China, Philippines, Taiwan, and elsewhere, with Singapore accounting for substantial part of its total revenue.

Inari Amertron Bhd (XKLS:0166) Headlines

No Headlines