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Vizione Holdings Bhd (XKLS:7070) Interest Coverage : 3.20 (As of Feb. 2024)


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What is Vizione 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. Vizione Holdings Bhd's Operating Income for the three months ended in Feb. 2024 was RM1.8 Mil. Vizione Holdings Bhd's Interest Expense for the three months ended in Feb. 2024 was RM-0.6 Mil. Vizione Holdings Bhd's interest coverage for the quarter that ended in Feb. 2024 was 3.20. 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. Vizione Holdings Bhd interest coverage is 1.67, which is low.

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

XKLS:7070' s Interest Coverage Range Over the Past 10 Years
Min: 1.67   Med: 35.74   Max: 100.59
Current: 1.67


XKLS:7070's Interest Coverage is ranked worse than
74.23% of 1335 companies
in the Real Estate industry
Industry Median: 4.05 vs XKLS:7070: 1.67

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


Vizione Holdings Bhd Interest Coverage Historical Data

The historical data trend for Vizione 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.

Vizione Holdings Bhd Interest Coverage Chart

Vizione Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 May15 May16 May17 May18 May19 Nov21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.13 97.55 100.59 56.34 -

Vizione Holdings Bhd Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23 Aug23 Nov23 Feb24
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 - - 1.14 0.82 3.20

Competitive Comparison of Vizione Holdings Bhd's Interest Coverage

For the Real Estate - Development subindustry, Vizione 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.


Vizione Holdings Bhd's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vizione Holdings Bhd's Interest Coverage distribution charts can be found below:

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



Vizione 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.

Vizione Holdings Bhd's Interest Coverage for the fiscal year that ended in Nov. 2021 is calculated as

Here, for the fiscal year that ended in Nov. 2021, Vizione Holdings Bhd's Interest Expense was RM-3.2 Mil. Its Operating Income was RM-76.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM14.3 Mil.

Vizione Holdings Bhd did not have earnings to cover the interest expense.

Vizione Holdings Bhd's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the three months ended in Feb. 2024, Vizione Holdings Bhd's Interest Expense was RM-0.6 Mil. Its Operating Income was RM1.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM10.9 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*1.769/-0.552
=3.20

* 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.


Vizione Holdings Bhd  (XKLS:7070) 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 .


Vizione Holdings Bhd Interest Coverage Related Terms

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


Vizione Holdings Bhd (XKLS:7070) Business Description

Traded in Other Exchanges
N/A
Address
No. 16A, Persiaran Barat, Level 22, PJX?HM Shah Tower, Petaling Jaya, SGR, MYS, 46050
Vizione Holdings Bhd is an investment holding company. The company's segments include Construction, Property Development, Healthcare, and Others. The majority of its revenue is derived from the Construction segment, which is into Sub-contracting of electrical, building, and civil works for the construction projects. Property development is into the development of residential and commercial properties. The healthcare segment is into the manufacturing and trading of contraceptive products and rubber gloves.

Vizione Holdings Bhd (XKLS:7070) Headlines

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