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Kub Malaysia Bhd (XKLS:6874) Interest Coverage : 96.89 (As of Dec. 2023)


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What is Kub Malaysia 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. Kub Malaysia Bhd's Operating Income for the three months ended in Dec. 2023 was RM3.5 Mil. Kub Malaysia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.0 Mil. Kub Malaysia Bhd's interest coverage for the quarter that ended in Dec. 2023 was 96.89. 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. Kub Malaysia Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:6874' s Interest Coverage Range Over the Past 10 Years
Min: 0.9   Med: 31.77   Max: 243.46
Current: 243.46


XKLS:6874's Interest Coverage is ranked better than
94.57% of 442 companies
in the Utilities - Regulated industry
Industry Median: 3.695 vs XKLS:6874: 243.46

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


Kub Malaysia Bhd Interest Coverage Historical Data

The historical data trend for Kub Malaysia 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.

Kub Malaysia Bhd Interest Coverage Chart

Kub Malaysia Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.63 N/A 33.77 172.93

Kub Malaysia Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 330.66 280.38 356.77 341.36 96.89

Competitive Comparison of Kub Malaysia Bhd's Interest Coverage

For the Utilities - Regulated Gas subindustry, Kub Malaysia 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.


Kub Malaysia Bhd's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kub Malaysia Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kub Malaysia Bhd's Interest Coverage falls into.



Kub Malaysia 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.

Kub Malaysia 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, Kub Malaysia Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM27.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.2 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*27.668/-0.16
=172.93

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

Here, for the three months ended in Dec. 2023, Kub Malaysia Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM3.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*3.488/-0.036
=96.89

* 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.


Kub Malaysia Bhd  (XKLS:6874) 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 .


Kub Malaysia Bhd Interest Coverage Related Terms

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


Kub Malaysia Bhd (XKLS:6874) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1A/7A, Oasis Square, Level 3A, Unit 1, Capital 3, Ara Damansara, Petaling Jaya, SGR, MYS, 47301
Kub Malaysia Bhd is engaged in the bottling and trading of liquefied petroleum gas. It also provides information services, oil palm plantation services, food-related services, management of properties and engineering and civil works services. Its operating segment includes liquefied petroleum gas (LPG); Agricultural businesses (AGRO); Information and communications technology (ICT) and Others. It generates maximum revenue from the LPG segment. Geographically, it derives revenue from Malaysia.

Kub Malaysia Bhd (XKLS:6874) Headlines

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