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Evergreen Fibreboard Bhd (XKLS:5101) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Evergreen Fibreboard 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. Evergreen Fibreboard Bhd's Operating Income for the three months ended in Dec. 2023 was RM-18.0 Mil. Evergreen Fibreboard Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-3.8 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 Evergreen Fibreboard Bhd's Interest Coverage or its related term are showing as below:


XKLS:5101's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 8.91
* 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.


Evergreen Fibreboard Bhd Interest Coverage Historical Data

The historical data trend for Evergreen Fibreboard 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.

Evergreen Fibreboard Bhd Interest Coverage Chart

Evergreen Fibreboard 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 - - 5.71 3.30 -

Evergreen Fibreboard Bhd Quarterly Data
Mar19 Jun19 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 - - 5.06 9.09 -

Competitive Comparison of Evergreen Fibreboard Bhd's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Evergreen Fibreboard 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.


Evergreen Fibreboard Bhd's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Evergreen Fibreboard Bhd's Interest Coverage distribution charts can be found below:

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



Evergreen Fibreboard 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.

Evergreen Fibreboard 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, Evergreen Fibreboard Bhd's Interest Expense was RM-7.5 Mil. Its Operating Income was RM-20.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM89.7 Mil.

Evergreen Fibreboard Bhd did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Evergreen Fibreboard Bhd's Interest Expense was RM-3.8 Mil. Its Operating Income was RM-18.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM89.7 Mil.

Evergreen Fibreboard 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.


Evergreen Fibreboard Bhd  (XKLS:5101) 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 .


Evergreen Fibreboard Bhd Interest Coverage Related Terms

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


Evergreen Fibreboard Bhd (XKLS:5101) Business Description

Traded in Other Exchanges
N/A
Address
PLO 22, Parit Raja Industrial Estate, Batu Pahat, Parit Raja, JHR, MYS, 86400
Evergreen Fibreboard Bhd is a Malaysia based company engaged in the manufacture of medium-density fibreboard and wooden furniture. The group is organised into three geographical segments; Malaysia which involves the manufacture of medium density fibreboard, wooden furniture parts and furniture, particleboard, glue, and resin, as well as trading and managing of plantation; Thailand which involves the production and distribution of medium density fibreboard and wood products; and Indonesia which comprises manufacture of medium density fibreboard, glue and resin; and Others which consists distribution of household products made of rubberwood. It derives prime revenue from Malaysia.

Evergreen Fibreboard Bhd (XKLS:5101) Headlines

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