XMH Holdings (SGX:BQF) Interest Coverage : 7.53 (As of Oct. 2023)

View and export this data going back to 2011. Start your Free Trial

What is XMH 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. XMH Holdings's Operating Income for the six months ended in Oct. 2023 was S$11.0 Mil. XMH Holdings's Interest Expense for the six months ended in Oct. 2023 was S$-1.5 Mil. XMH Holdings's interest coverage for the quarter that ended in Oct. 2023 was 7.53. The higher the ratio, the stronger the company's financial strength is.

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

SGX:BQF' s Interest Coverage Range Over the Past 10 Years
Min: 0.48 Med: 4.45 Max: 21.54
Current: 6.02

SGX:BQF's Interest Coverage is ranked worse than
68.62% of 2298 companies
in the Industrial Products industry
Industry Median: 13.58 vs SGX:BQF: 6.02

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

XMH Holdings Interest Coverage Historical Data

The historical data trend for XMH 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.

XMH Holdings Interest Coverage Chart

XMH Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Coverage

Get a 7-Day Free Trial

0.48

3.43

4.01

XMH Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Coverage	Get a 7-Day Free Trial															1.28	5.14	3.65	4.24	7.53

Competitive Comparison of XMH Holdings's Interest Coverage

For the Specialty Industrial Machinery subindustry, XMH 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.

XMH Holdings's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XMH Holdings's Interest Coverage distribution charts can be found below:

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

XMH 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.

XMH Holdings's Interest Coverage for the fiscal year that ended in Apr. 2023 is calculated as

Here, for the fiscal year that ended in Apr. 2023, XMH Holdings's Interest Expense was S$-2.0 Mil. Its Operating Income was S$8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was S$33.8 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Apr. 2023 )	/	Interest Expense (A: Apr. 2023 )
	=	-1	*	8.104	/	-2.021
	=	4.01

XMH Holdings's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Here, for the six months ended in Oct. 2023, XMH Holdings's Interest Expense was S$-1.5 Mil. Its Operating Income was S$11.0 Mil. And its Long-Term Debt & Capital Lease Obligation was S$25.7 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	10.994	/	-1.46
	=	7.53

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

XMH Holdings (SGX:BQF) 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 .

XMH Holdings Interest Coverage Related Terms

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

XMH Holdings (SGX:BQF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XMH Holdings Ltd (SGX:BQF) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Tuas Crescent, No. 07-01, Singapore, SGP, 638743

Website

https://www.xmh.com.sg

XMH Holdings Ltd is an investment holding company. The firm is primarily engaged as a diesel engine, propulsion and power generating solutions provider to customers in the marine and industrial sectors across Asia. The business activities are categorized into: Distribution and provision of value-added products and services, after sales services, trading and others and Projects, which comprise the assembly and installation of standby generator sets and provision of related services, and the design and manufacture of marine switchboards, remote control distributor system, and marine automation products. The company produces an engine, generator, marine gearboxes, propeller, thruster, IPS, and steering system. Most of the company's revenue is derived from Indonesia.

XMH Holdings (SGX:BQF) Headlines

No Headlines