GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Permaju Industries Bhd (XKLS:7080) » Definitions » Interest Coverage

Permaju Industries Bhd (XKLS:7080) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Permaju Industries 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. Permaju Industries Bhd's Operating Income for the three months ended in Mar. 2024 was RM-1.22 Mil. Permaju Industries Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.24 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 Permaju Industries Bhd's Interest Coverage or its related term are showing as below:


XKLS:7080's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.73
* 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.


Permaju Industries Bhd Interest Coverage Historical Data

The historical data trend for Permaju Industries 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.

Permaju Industries Bhd Interest Coverage Chart

Permaju Industries Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Permaju Industries 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 Permaju Industries Bhd's Interest Coverage

For the Auto & Truck Dealerships subindustry, Permaju Industries 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.


Permaju Industries Bhd's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Permaju Industries Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Permaju Industries Bhd's Interest Coverage falls into.



Permaju Industries 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.

Permaju Industries 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, Permaju Industries Bhd's Interest Expense was RM-0.37 Mil. Its Operating Income was RM-20.90 Mil. And its Long-Term Debt & Capital Lease Obligation was RM6.88 Mil.

Permaju Industries Bhd did not have earnings to cover the interest expense.

Permaju Industries Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Permaju Industries Bhd's Interest Expense was RM-0.24 Mil. Its Operating Income was RM-1.22 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.79 Mil.

Permaju Industries Bhd did not have earnings to cover the interest expense.

* 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.


Permaju Industries Bhd  (XKLS:7080) 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 .


Permaju Industries Bhd Interest Coverage Related Terms

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


Permaju Industries Bhd (XKLS:7080) Business Description

Traded in Other Exchanges
Address
Lot 45182, Sungai Penchala, Off Jalan Damansara, Wisma Cergaz, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Permaju Industries Bhd is Malaysia-based investment holding firm. The company is engaged in the sales and distribution of automobile vehicles. The company operates in five business segments namely; Timber segment comprises of sale of timber logs and related timber products and holding of timber concession and tree plantation, Automotive comprises of sale and distribution of motor vehicles and provision of related services which also contributes a majorly in revenue, Property segment consists of development and construction of property, EV Division consists of Rental of luxury EV motor vehicles and Other segment involved in group level corporate services and investment holding activity. Majority of its revenue comes from the Malaysian market.

Permaju Industries Bhd (XKLS:7080) Headlines

No Headlines