GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Khoon Group Ltd (HKSE:00924) » Definitions » Interest Coverage

Khoon Group (HKSE:00924) Interest Coverage : 53.80 (As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Khoon Group 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. Khoon Group's Operating Income for the six months ended in Dec. 2024 was HK$4.4 Mil. Khoon Group's Interest Expense for the six months ended in Dec. 2024 was HK$-0.1 Mil. Khoon Group's interest coverage for the quarter that ended in Dec. 2024 was 53.80. 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. Khoon Group Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

HKSE:00924' s Interest Coverage Range Over the Past 10 Years
Min: 72.82   Med: 258.78   Max: No Debt
Current: 72.82


HKSE:00924's Interest Coverage is ranked better than
83.56% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs HKSE:00924: 72.82

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


Khoon Group Interest Coverage Historical Data

The historical data trend for Khoon Group'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.

Khoon Group Interest Coverage Chart

Khoon Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 704.48 103.26 - - 96.83

Khoon Group Semi-Annual Data
Jun16 Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 257.47 - 48.83 102.44 53.80

Competitive Comparison of Khoon Group's Interest Coverage

For the Engineering & Construction subindustry, Khoon Group'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.


Khoon Group's Interest Coverage Distribution in the Construction Industry

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

* The bar in red indicates where Khoon Group's Interest Coverage falls into.


;
;

Khoon Group 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.

Khoon Group'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, Khoon Group's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$5.6 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.1 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*5.616/-0.058
=96.83

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

Here, for the six months ended in Dec. 2024, Khoon Group's Interest Expense was HK$-0.1 Mil. Its Operating Income was HK$4.4 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4.358/-0.081
=53.80

* 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.


Khoon Group  (HKSE:00924) 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 .


Khoon Group Interest Coverage Related Terms

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


Khoon Group Business Description

Traded in Other Exchanges
N/A
Address
Ang Mo Kio Avenue 5, Block 5000, No. 04-01 Techplace II, Singapore, SGP, 569870
Khoon Group Ltd is a mechanical and electrical service provider specializing in providing electrical engineering solutions. The electrical engineering services are widely required in new building developments, redevelopment, and upgrading projects, which involve residential, commercial, and industrial buildings. Under electrical engineering, the company provides services like customization and installation of transmission and distribution systems, lighting systems, air-conditioning and mechanical ventilation systems, underground cable piping systems, and others. Geographically, all of the company's revenue is derived from Singapore.
Executives
Chen Zhi 2201 Interest of corporation controlled by you
Southern Heritage Limited 2101 Beneficial owner
Ang Jui Khoon 2201 Interest of corporation controlled by you
Ang Kok Kwang 2103 Interests held jointly with another person
Chong Sze Yen Josephine 2202 Interest of your spouse
Pan Moi Kia 2202 Interest of your spouse
Lead Development Investment Limited 2101 Beneficial owner
Lead Development Investment Limited 2101 Beneficial owner

Khoon Group Headlines

No Headlines