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PJBumi Bhd (XKLS:7163) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is PJBumi 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. PJBumi Bhd's Operating Income for the three months ended in Sep. 2023 was RM0.56 Mil. PJBumi Bhd's Interest Expense for the three months ended in Sep. 2023 was RM0.00 Mil. PJBumi Bhd has no debt. 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. PJBumi Bhd has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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

XKLS:7163' s Interest Coverage Range Over the Past 10 Years
Min: 0.61   Med: 3.16   Max: No Debt
Current: No Debt


XKLS:7163's Interest Coverage is ranked better than
99.45% of 1267 companies
in the Construction industry
Industry Median: 7.06 vs XKLS:7163: No Debt

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


PJBumi Bhd Interest Coverage Historical Data

The historical data trend for PJBumi 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.

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PJBumi Bhd Interest Coverage Chart

PJBumi Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - No Debt

PJBumi Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Jun23 Sep23
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 N/A N/A No Debt No Debt No Debt

Competitive Comparison of PJBumi Bhd's Interest Coverage

For the Engineering & Construction subindustry, PJBumi 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.


PJBumi Bhd's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, PJBumi Bhd's Interest Coverage distribution charts can be found below:

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



PJBumi 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.

PJBumi Bhd's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, PJBumi Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

PJBumi Bhd had no debt (1).

PJBumi Bhd's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, PJBumi Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM0.56 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

PJBumi Bhd had no debt (1).

* 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.


PJBumi Bhd  (XKLS:7163) 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 .


PJBumi Bhd Interest Coverage Related Terms

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


PJBumi Bhd (XKLS:7163) Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jalan Ruang U8/109, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150
PJBumi Bhd is an integrated multi-disciplinary engineering and construction services provider. The company's reportable segments include 1. Manufacturing, Engineering Operation Maintenance, and Design, 2. Environmental management services, 3. Construction & Project, 4. Resources, Commodity and General Trading, and 5. Investment.

PJBumi Bhd (XKLS:7163) Headlines

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