United Plantation Berhad (United Plantation Berhad) Interest Coverage : 18,084.00 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is United Plantation Berhad 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. United Plantation Berhad's Operating Income for the three months ended in Mar. 2024 was $36.2 Mil. United Plantation Berhad's Interest Expense for the three months ended in Mar. 2024 was $-0.0 Mil. United Plantation Berhad's interest coverage for the quarter that ended in Mar. 2024 was 18,084.00. 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. United Plantation Berhad has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for United Plantation Berhad's Interest Coverage or its related term are showing as below:

UPBMF' s Interest Coverage Range Over the Past 10 Years
Min: 356.36 Med: 15732.32 Max: 26011.85
Current: 1611.45

UPBMF's Interest Coverage is ranked better than
95.18% of 1370 companies
in the Consumer Packaged Goods industry
Industry Median: 8.56 vs UPBMF: 1611.45

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

United Plantation Berhad Interest Coverage Historical Data

The historical data trend for United Plantation Berhad'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.

United Plantation Berhad Interest Coverage Chart

United Plantation Berhad Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

11,281.14

19,670.83

26,765.67

356.58

1,203.84

United Plantation Berhad 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															779.98	1,116.36	1,630.41	1,244.77	18,084.00

Competitive Comparison of United Plantation Berhad's Interest Coverage

For the Farm Products subindustry, United Plantation Berhad'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.

United Plantation Berhad's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where United Plantation Berhad's Interest Coverage falls into.

United Plantation Berhad 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.

United Plantation Berhad'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, United Plantation Berhad's Interest Expense was $-0.2 Mil. Its Operating Income was $192.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	192.615	/	-0.16
	=	1,203.84

United Plantation Berhad's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, United Plantation Berhad's Interest Expense was $-0.0 Mil. Its Operating Income was $36.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.7 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	36.168	/	-0.002
	=	18,084.00

The higher the ratio, the stronger the company's Financial Strength is.

United Plantation Berhad (OTCPK:UPBMF) 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 .

United Plantation Berhad Interest Coverage Related Terms

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

United Plantation Berhad (United Plantation Berhad) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » United Plantation Berhad (OTCPK:UPBMF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

2089:Malaysia

Address

Jendarata Estate, Teluk Intan, PRK, MYS, 36009

Website

https://www.unitedplantations.com

United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.

United Plantation Berhad (United Plantation Berhad) Headlines

No Headlines