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Walton Hi-Tech Industries (DHA:WALTONHIL) Interest Coverage : 5.92 (As of Mar. 2025)


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What is Walton Hi-Tech Industries 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. Walton Hi-Tech Industries's Operating Income for the three months ended in Mar. 2025 was BDT5,128 Mil. Walton Hi-Tech Industries's Interest Expense for the three months ended in Mar. 2025 was BDT-866 Mil. Walton Hi-Tech Industries's interest coverage for the quarter that ended in Mar. 2025 was 5.92. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Walton Hi-Tech Industries's Interest Coverage or its related term are showing as below:

DHA:WALTONHIL' s Interest Coverage Range Over the Past 10 Years
Min: 5.31   Med: 8.96   Max: 20.34
Current: 5.64


DHA:WALTONHIL's Interest Coverage is ranked worse than
68.33% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs DHA:WALTONHIL: 5.64

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


Walton Hi-Tech Industries Interest Coverage Historical Data

The historical data trend for Walton Hi-Tech Industries'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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Walton Hi-Tech Industries Interest Coverage Chart

Walton Hi-Tech Industries Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial 5.31 20.34 11.49 5.68 6.42

Walton Hi-Tech Industries Quarterly Data
Jun19 Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.29 10.89 3.55 2.56 5.92

Competitive Comparison of Walton Hi-Tech Industries's Interest Coverage

For the Consumer Electronics subindustry, Walton Hi-Tech Industries'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.


Walton Hi-Tech Industries's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Walton Hi-Tech Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Walton Hi-Tech Industries's Interest Coverage falls into.


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Walton Hi-Tech Industries 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.

Walton Hi-Tech Industries's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Walton Hi-Tech Industries's Interest Expense was BDT-2,825 Mil. Its Operating Income was BDT18,146 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT5,972 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*18145.692/-2824.756
=6.42

Walton Hi-Tech Industries's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Walton Hi-Tech Industries's Interest Expense was BDT-866 Mil. Its Operating Income was BDT5,128 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT6,334 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*5128.076/-866.437
=5.92

* 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.


Walton Hi-Tech Industries  (DHA:WALTONHIL) 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 .


Walton Hi-Tech Industries Interest Coverage Related Terms

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Walton Hi-Tech Industries Business Description

Traded in Other Exchanges
N/A
Address
Road No. Sabrina Sobhan,5th Avenue, Plot no. 1088, Block No. I, Bashundhara, Vatara, Dhaka, BGD, 1229
Walton Hi-Tech Industries PLC is a manufacturer of electrical, electronics, automobiles, and other appliances. The company's products include Refrigerators & Freezer; Television; Mobile; Computer; Air Conditioner; Washing Machine; Home Appliances; Fan; Electrical Appliances; Cables; Elevator; Compressor; Generator, Battery & Water Pump; Industrial Solutions; and Hardware Items. The company operates in a single segment that engages in manufacturing and selling electrical and electronic products which include refrigerators, air conditions, televisions, and home and electrical appliances. Geographically it operates in South Asia, Europe, and North America.

Walton Hi-Tech Industries Headlines

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