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Elite KSB Holdings (SGX:550) Interest Coverage : No Debt (1) (As of Dec. 2013)


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What is Elite KSB Holdings 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. Elite KSB Holdings's Operating Income for the six months ended in Dec. 2013 was S$-0.40 Mil. Elite KSB Holdings's Interest Expense for the six months ended in Dec. 2013 was S$0.00 Mil. Elite KSB Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Elite KSB Holdings's Interest Coverage or its related term are showing as below:

SGX:550' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


SGX:550's Interest Coverage is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 8.56 vs SGX:550: No Debt

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


Elite KSB Holdings Interest Coverage Historical Data

The historical data trend for Elite KSB Holdings'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.

Elite KSB Holdings Interest Coverage Chart

Elite KSB Holdings Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13
Interest Coverage
52.71 25.99 N/A No Debt No Debt

Elite KSB Holdings Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Elite KSB Holdings's Interest Coverage

For the Packaged Foods subindustry, Elite KSB Holdings'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.


Elite KSB Holdings's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Elite KSB Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Elite KSB Holdings's Interest Coverage falls into.



Elite KSB Holdings 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.

Elite KSB Holdings's Interest Coverage for the fiscal year that ended in Jun. 2013 is calculated as

Here, for the fiscal year that ended in Jun. 2013, Elite KSB Holdings's Interest Expense was S$0.00 Mil. Its Operating Income was S$-3.14 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Elite KSB Holdings had no debt (1).

Elite KSB Holdings's Interest Coverage for the quarter that ended in Dec. 2013 is calculated as

Here, for the six months ended in Dec. 2013, Elite KSB Holdings's Interest Expense was S$0.00 Mil. Its Operating Income was S$-0.40 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Elite KSB Holdings had no debt (1).

* 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.


Elite KSB Holdings  (SGX:550) 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 .


Elite KSB Holdings Interest Coverage Related Terms

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Elite KSB Holdings (SGX:550) Business Description

Traded in Other Exchanges
N/A
Address
Elite KSB Holdings Ltd is a processor and distributor of chicken, beef and lamb products. The Company provides value-added services such as contract chicken slaughtering, portion cuts, marinating, packaging and delivery.

Elite KSB Holdings (SGX:550) Headlines

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