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Sports Toto Bhd (XKLS:1562) Interest Coverage : 2.59 (As of Dec. 2023)


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What is Sports Toto 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. Sports Toto Bhd's Operating Income for the three months ended in Dec. 2023 was RM64 Mil. Sports Toto Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-25 Mil. Sports Toto Bhd's interest coverage for the quarter that ended in Dec. 2023 was 2.59. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:1562' s Interest Coverage Range Over the Past 10 Years
Min: 3.96   Med: 7.62   Max: 18.96
Current: 18.96


XKLS:1562's Interest Coverage is ranked better than
69.9% of 608 companies
in the Travel & Leisure industry
Industry Median: 5.135 vs XKLS:1562: 18.96

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


Sports Toto Bhd Interest Coverage Historical Data

The historical data trend for Sports Toto 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.

Sports Toto Bhd Interest Coverage Chart

Sports Toto Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 3.96 5.40 4.60 4.37

Sports Toto Bhd Quarterly Data
Oct18 Jan19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 5.10 2.25 4.13 62.86 2.59

Competitive Comparison of Sports Toto Bhd's Interest Coverage

For the Gambling subindustry, Sports Toto 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.


Sports Toto Bhd's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sports Toto Bhd's Interest Coverage distribution charts can be found below:

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



Sports Toto 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.

Sports Toto 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, Sports Toto Bhd's Interest Expense was RM-80 Mil. Its Operating Income was RM349 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,144 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*348.704/-79.814
=4.37

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

Here, for the three months ended in Dec. 2023, Sports Toto Bhd's Interest Expense was RM-25 Mil. Its Operating Income was RM64 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,079 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*64.152/-24.783
=2.59

* 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.


Sports Toto Bhd  (XKLS:1562) 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 .


Sports Toto Bhd Interest Coverage Related Terms

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


Sports Toto Bhd (XKLS:1562) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Jalan Imbi, Level 12 (East Wing), Berjaya Times Square, Kuala Lumpur, MYS, 55100
Sports Toto Bhd is a Malaysian company principally engaged in the operations of Toto betting. The company is also involved in other businesses which includes motor retailing, repair and maintenance, and provision of aftersales and insurance services. It is also involved in the operation of a hotel in the Philippines and luxury motor retailing in the United Kingdom, and Development, manufacturing and distribution of computerised wagering and voting systems and provision of software licences and support. Geographically, its presence can be seen in Malaysian, United Kingdom and other international markets of which United Kingdom accounts for a larger share of the revenue.

Sports Toto Bhd (XKLS:1562) Headlines

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