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TDM Bhd (XKLS:2054) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is TDM 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. TDM Bhd's Operating Income for the three months ended in Sep. 2024 was RM-4.0 Mil. TDM Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-6.8 Mil. did not have earnings to cover the interest expense. 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. TDM Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XKLS:2054' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 1.3   Max: 39.98
Current: 0.77


XKLS:2054's Interest Coverage is ranked worse than
94.01% of 1435 companies
in the Consumer Packaged Goods industry
Industry Median: 8.26 vs XKLS:2054: 0.77

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


TDM Bhd Interest Coverage Historical Data

The historical data trend for TDM 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.

TDM Bhd Interest Coverage Chart

TDM Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.23 1.92 1.65 1.01

TDM Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.28 4.58 - 0.12 -

Competitive Comparison of TDM Bhd's Interest Coverage

For the Farm Products subindustry, TDM 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.


TDM Bhd's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TDM Bhd's Interest Coverage distribution charts can be found below:

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



TDM 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.

TDM Bhd's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, TDM Bhd's Interest Expense was RM-25.7 Mil. Its Operating Income was RM26.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM425.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*26.019/-25.695
=1.01

TDM Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, TDM Bhd's Interest Expense was RM-6.8 Mil. Its Operating Income was RM-4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM373.8 Mil.

TDM 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.


TDM Bhd  (XKLS:2054) 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 .


TDM Bhd Interest Coverage Related Terms

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


TDM Bhd Business Description

Traded in Other Exchanges
N/A
Address
25th Floor, Menara KH, Jalan Sultan Ismail, Kuala Lumpur, SGR, MYS, 50250
TDM Bhd is an investment holding company, which is engaged in the cultivation of oil palms and the provision of management services. It operates in the following segments: Plantation and Healthcare. The Plantation segment which generates the Maximum revenue is engaged in the cultivation of oil palms, sale of fresh fruit bunches, and management of plantation operation services. The Healthcare segment offers healthcare consultancy and specialist medical center services.

TDM Bhd Headlines

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