Keir International Co (SAU:9542) Interest Coverage : 0 (At Loss) (As of Dec. 2023)

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

What is Keir International Co 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. Keir International Co's Operating Income for the six months ended in Dec. 2023 was ﷼22.7 Mil. Keir International Co's Interest Expense for the six months ended in Dec. 2023 was ﷼3.5 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 Keir International Co's Interest Coverage or its related term are showing as below:

SAU:9542' s Interest Coverage Range Over the Past 10 Years
Min: 21.23 Med: 23.3 Max: 32.51
Current: 21.23

SAU:9542's Interest Coverage is ranked better than
59.71% of 1576 companies
in the Hardware industry
Industry Median: 12.55 vs SAU:9542: 21.23

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

Keir International Co Interest Coverage Historical Data

The historical data trend for Keir International Co'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.

Keir International Co Interest Coverage Chart

Keir International Co Annual Data

Trend

Dec21

Dec22

Dec23

Interest Coverage

23.30

32.51

21.23

Keir International Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	N/A	24.01	38.30	1.56	-

Competitive Comparison of Keir International Co's Interest Coverage

For the Communication Equipment subindustry, Keir International Co'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.

Keir International Co's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Keir International Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Keir International Co's Interest Coverage falls into.

Keir International Co 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.

Keir International Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Keir International Co's Interest Expense was ﷼-1.4 Mil. Its Operating Income was ﷼30.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼10.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	30.373	/	-1.431
	=	21.23

Keir International Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Keir International Co's Interest Expense was ﷼3.5 Mil. Its Operating Income was ﷼22.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼10.8 Mil.

The higher the ratio, the stronger the company's Financial Strength is.

Keir International Co (SAU:9542) 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 .

Keir International Co Interest Coverage Related Terms

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

Keir International Co (SAU:9542) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keir International Co (SAU:9542) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

6678 Wag Valley, Building 67, Area 632, Al Malga District, Riyadh, SAU, 13524-3744

Website

https://www.keir.com.sa

Keir International Co is engaged in laying pipes of all kinds for electricity, communication, etc., installation and maintenance of security devices, repair and maintenance of stations and towers of telecommunications and radar, real state development and residential buildings with modern construction methods, network extensions, extensions of electrical wires, communication wires. The company has two reportable segments which include Telecommunication and Power out of which the majority of its revenue derives from the Telecommunication segment.

Keir International Co (SAU:9542) Headlines

No Headlines