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Pacific & Orient Bhd (XKLS:6009) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Pacific & Orient 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 EBIT by its Interest Expense. Pacific & Orient Bhd's EBIT for the three months ended in Mar. 2024 was RM0.0 Mil. Pacific & Orient Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:6009's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 14.54
* Ranked among companies with meaningful Interest Coverage only.

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


Pacific & Orient Bhd Interest Coverage Historical Data

The historical data trend for Pacific & Orient 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.

Pacific & Orient Bhd Interest Coverage Chart

Pacific & Orient Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 0.70 2.69 13.22 -

Pacific & Orient Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Pacific & Orient Bhd's Interest Coverage

For the Insurance - Property & Casualty subindustry, Pacific & Orient 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.


Pacific & Orient Bhd's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Pacific & Orient Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pacific & Orient Bhd's Interest Coverage falls into.



Pacific & Orient 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Pacific & Orient Bhd's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, Pacific & Orient Bhd's Interest Expense was RM-0.7 Mil. Its EBIT was RM-18.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.1 Mil.

Pacific & Orient Bhd did not have earnings to cover the interest expense.

Pacific & Orient Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Pacific & Orient Bhd's Interest Expense was RM-0.3 Mil. Its EBIT was RM0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM40.5 Mil.

* 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.


Pacific & Orient Bhd  (XKLS:6009) 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 .


Pacific & Orient Bhd Interest Coverage Related Terms

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


Pacific & Orient Bhd (XKLS:6009) Business Description

Traded in Other Exchanges
N/A
Address
No. 10, Jalan Raja Laut, 11th Floor, Wisma Bumi Raya, Kuala Lumpur, SGR, MYS, 50350
Pacific & Orient Bhd is an investment holding company, which operates in diversified businesses. Its business in Malaysia is organized under five segments which include Insurance, Information technology, investment holding, money lending and Investment in start-ups . The company generates the majority of its revenues from the Insurance segment. Other operations in Malaysia include the distribution of consumer goods, property development, dealings in properties and investing in start-up companies. It also operates in the United States of America (information technology and property development), Thailand (information technology) and England (investing in the real estate market and startup companies).Geographically, majority revenue is generated from Malaysia.

Pacific & Orient Bhd (XKLS:6009) Headlines

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