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Orient Telecoms (LSE:ORNT) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Orient Telecoms 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. Orient Telecoms's Operating Income for the six months ended in Sep. 2024 was £-0.07 Mil. Orient Telecoms's Interest Expense for the six months ended in Sep. 2024 was £-0.00 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 Orient Telecoms's Interest Coverage or its related term are showing as below:

LSE:ORNT' s Interest Coverage Range Over the Past 10 Years
Min: 2.75   Med: 9   Max: No Debt
Current: 5.11


LSE:ORNT's Interest Coverage is not ranked
in the Telecommunication Services industry.
Industry Median: 4.9 vs LSE:ORNT: 5.11

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


Orient Telecoms Interest Coverage Historical Data

The historical data trend for Orient Telecoms'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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Orient Telecoms Interest Coverage Chart

Orient Telecoms Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial - 9.00 3.70 2.75 5.11

Orient Telecoms Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 9.71 3.00 9.33 -

Competitive Comparison of Orient Telecoms's Interest Coverage

For the Telecom Services subindustry, Orient Telecoms'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.


Orient Telecoms's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Orient Telecoms's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Orient Telecoms's Interest Coverage falls into.



Orient Telecoms 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.

Orient Telecoms's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Orient Telecoms's Interest Expense was £-0.01 Mil. Its Operating Income was £0.05 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.03 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*0.046/-0.009
=5.11

Orient Telecoms's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Orient Telecoms's Interest Expense was £-0.00 Mil. Its Operating Income was £-0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was £0.04 Mil.

Orient Telecoms 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.


Orient Telecoms  (LSE:ORNT) 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 .


Orient Telecoms Interest Coverage Related Terms

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


Orient Telecoms Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Block 2B, Suite 2B-25-1, 25th Floor, Plaza Sentral, Kuala Lumpur, MYS, 50470
Orient Telecoms PLC is a provider of managed connectivity services, catering to both large telecommunication companies and enterprise customers. It provides managed telecommunications services using the network infrastructure owned by other network operators to enable cost-effective and rapid connectivity to large bandwidth consumers in Malaysia, Thailand, and Singapore. The products and services offered by the company include metro ethernet line, dedicated internet access, digital office transformation solutions, and services related to AI and supercomputing. The company operates in a single segment, the provision of managed telecommunications services. Geographically, it derives its maximum revenue from Malaysia and the rest from Singapore and Thailand.

Orient Telecoms Headlines

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