GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asiafin Holdings Corp (OTCPK:ASFH) » Definitions » Interest Coverage

ASFH (Asiafin Holdings) Interest Coverage : N/A (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Asiafin Holdings 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. Asiafin Holdings's Operating Income for the three months ended in Dec. 2024 was $0.31 Mil. Asiafin Holdings's Interest Expense for the three months ended in Dec. 2024 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


ASFH's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.26
* 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.


Asiafin Holdings Interest Coverage Historical Data

The historical data trend for Asiafin Holdings'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.

Asiafin Holdings Interest Coverage Chart

Asiafin Holdings Annual Data
Trend Aug20 Aug21 Dec22 Dec23 Dec24
Interest Coverage
No Debt No Debt No Debt N/A N/A

Asiafin Holdings Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 N/A N/A N/A

Competitive Comparison of Asiafin Holdings's Interest Coverage

For the Specialty Business Services subindustry, Asiafin Holdings'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.


Asiafin Holdings's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Asiafin Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asiafin Holdings's Interest Coverage falls into.


;
;

Asiafin Holdings 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.

Asiafin Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Asiafin Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.55 Mil.

GuruFocus does not calculate Asiafin Holdings's interest coverage with the available data.

Asiafin Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Asiafin Holdings's Interest Expense was $0.00 Mil. Its Operating Income was $0.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.55 Mil.

GuruFocus does not calculate Asiafin Holdings's interest coverage with the available data.

* 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.


Asiafin Holdings  (OTCPK:ASFH) 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 .


Asiafin Holdings Interest Coverage Related Terms

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


Asiafin Holdings Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Ismail, Suite 30.02, 30th Floor, Menara KH (Promet), Kuala Lumpur, SGR, MYS, 50250
Asiafin Holdings Corp operates through its wholly owned subsidiaries by offering a range of system solutions in Payment Processing, Robotic Process Automation (RPA), and Regulatory Technology (RegTech) to financial institutions, regulatory agencies, professional service providers, and private enterprises from various industries, with existing clients in the Asia region. The Company has three reportable segments based on business units: Fintech, RPA, and Regtech businesses. The company generates all of its revenue from the Malaysian region.
Executives
Hui Yin Cham officer: Principal Financial Officer ZF-7 LE JARDINE CONDO, JALAN PANDAN INDAH 26, KUALA LUMPUR N8 55100
Seatech Ventures Corp. 10 percent owner 11-05&11-06, TOWER A,, AVE 3 VERTICAL BUSINESS SUITE,, BANGSAR SOUTH, KUALA LUMPUR N8 59200
Kai Cheong Wong director, officer: CEO NO.31, JALAN SL 3/3, BANDAR SUNGAI LONG, KAJANG N8 43000
Swee Ping Hoo 10 percent owner 20, JALAN SERING 7,, TAMAN SUNGAI SERING, BATU 9,, CHERAS N8 43200
See Unicorn Ventures Sdn Bhd 10 percent owner 11-05, TOWER A, AVE 3,, VERTICAL BUSINESS SUITE, JALAN KERINCHI, BANGSAR SOUTH N8 59200
Kok Wah Seah director B-13-3, PAPILLON DESA HILL, JALAN MORIB, TAMAN DESA, KUALA LUMPUR N8 58100