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Selangor Properties Berhad (Selangor Properties Berhad) Interest Coverage : 9.39 (As of Jan. 2019)


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What is Selangor Properties Berhad 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. Selangor Properties Berhad's Operating Income for the three months ended in Jan. 2019 was $6.94 Mil. Selangor Properties Berhad's Interest Expense for the three months ended in Jan. 2019 was $-0.74 Mil. Selangor Properties Berhad's interest coverage for the quarter that ended in Jan. 2019 was 9.39. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Selangor Properties Berhad's Interest Coverage or its related term are showing as below:

SGPBY' s Interest Coverage Range Over the Past 10 Years
Min: 1.98   Med: 6.62   Max: 48.72
Current: 6.87


SGPBY's Interest Coverage is not ranked
in the Real Estate industry.
Industry Median: 3.97 vs SGPBY: 6.87

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


Selangor Properties Berhad Interest Coverage Historical Data

The historical data trend for Selangor Properties Berhad'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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Selangor Properties Berhad Interest Coverage Chart

Selangor Properties Berhad Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.32 48.73 8.32 10.43 1.98

Selangor Properties Berhad Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
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 - 3.65 15.52 2.08 9.39

Competitive Comparison of Selangor Properties Berhad's Interest Coverage

For the Real Estate - Development subindustry, Selangor Properties Berhad'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.


Selangor Properties Berhad's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Selangor Properties Berhad's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Selangor Properties Berhad's Interest Coverage falls into.



Selangor Properties Berhad 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.

Selangor Properties Berhad's Interest Coverage for the fiscal year that ended in Oct. 2018 is calculated as

Here, for the fiscal year that ended in Oct. 2018, Selangor Properties Berhad's Interest Expense was $-2.69 Mil. Its Operating Income was $5.31 Mil. And its Long-Term Debt & Capital Lease Obligation was $49.95 Mil.

Interest Coverage=-1* Operating Income (A: Oct. 2018 )/Interest Expense (A: Oct. 2018 )
=-1*5.308/-2.686
=1.98

Selangor Properties Berhad's Interest Coverage for the quarter that ended in Jan. 2019 is calculated as

Here, for the three months ended in Jan. 2019, Selangor Properties Berhad's Interest Expense was $-0.74 Mil. Its Operating Income was $6.94 Mil. And its Long-Term Debt & Capital Lease Obligation was $59.15 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2019 )/Interest Expense (Q: Jan. 2019 )
=-1*6.94/-0.739
=9.39

* 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.


Selangor Properties Berhad  (OTCPK:SGPBY) 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 .


Selangor Properties Berhad Interest Coverage Related Terms

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


Selangor Properties Berhad (Selangor Properties Berhad) Business Description

Traded in Other Exchanges
N/A
Address
Level 2 Block D, Kompleks Pejabat Damansara, Jalan Dungun, Damansara Heights, Kuala Lumpur, MYS, 50490
Selangor Properties Berhad is an investment holding. The company through its subsidiaries is engaged in property development, property investments and provides education both in Malaysia and in Australia. The group is organized into operating segments like Property investment; Property development; and Investment holding.

Selangor Properties Berhad (Selangor Properties Berhad) Headlines

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