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Low Keng Huat (Singapore) (SGX:F1E) Interest Coverage : 1.14 (As of Jan. 2024)


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What is Low Keng Huat (Singapore) 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. Low Keng Huat (Singapore)'s Operating Income for the six months ended in Jan. 2024 was S$15.2 Mil. Low Keng Huat (Singapore)'s Interest Expense for the six months ended in Jan. 2024 was S$-13.4 Mil. Low Keng Huat (Singapore)'s interest coverage for the quarter that ended in Jan. 2024 was 1.14. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Low Keng Huat (Singapore) Ltd interest coverage is 1.05, which is low.

The historical rank and industry rank for Low Keng Huat (Singapore)'s Interest Coverage or its related term are showing as below:

SGX:F1E' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: 1.23   Max: 65.59
Current: 1.05


SGX:F1E's Interest Coverage is ranked worse than
85.25% of 1336 companies
in the Real Estate industry
Industry Median: 4.06 vs SGX:F1E: 1.05

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


Low Keng Huat (Singapore) Interest Coverage Historical Data

The historical data trend for Low Keng Huat (Singapore)'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.

Low Keng Huat (Singapore) Interest Coverage Chart

Low Keng Huat (Singapore) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.10 0.22 0.52 1.05

Low Keng Huat (Singapore) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - 0.09 0.72 0.97 1.14

Competitive Comparison of Low Keng Huat (Singapore)'s Interest Coverage

For the Real Estate - Development subindustry, Low Keng Huat (Singapore)'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.


Low Keng Huat (Singapore)'s Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Low Keng Huat (Singapore)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Low Keng Huat (Singapore)'s Interest Coverage falls into.



Low Keng Huat (Singapore) 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.

Low Keng Huat (Singapore)'s Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Low Keng Huat (Singapore)'s Interest Expense was S$-27.5 Mil. Its Operating Income was S$29.0 Mil. And its Long-Term Debt & Capital Lease Obligation was S$542.0 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2024 )/Interest Expense (A: Jan. 2024 )
=-1*28.957/-27.511
=1.05

Low Keng Huat (Singapore)'s Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the six months ended in Jan. 2024, Low Keng Huat (Singapore)'s Interest Expense was S$-13.4 Mil. Its Operating Income was S$15.2 Mil. And its Long-Term Debt & Capital Lease Obligation was S$542.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*15.189/-13.355
=1.14

* 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.


Low Keng Huat (Singapore)  (SGX:F1E) 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 .


Low Keng Huat (Singapore) Interest Coverage Related Terms

Thank you for viewing the detailed overview of Low Keng Huat (Singapore)'s Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Low Keng Huat (Singapore) (SGX:F1E) Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No.18-05/09 Parkway Parade, Singapore, SGP, 449269
Low Keng Huat (Singapore) Ltd is a Singapore based builder engaged in the business segments which include Development, Hotels, and Investments. The Development segment is engaged in the development of properties, Hotel segment is engaged in owning and operating hotels and restaurants, and Investments segment is engaged in investment in properties and shares in quoted and unquoted equities. Geographically, the group has a business presence in Singapore, Australia, and other countries, of which key revenue is generated from Singapore.

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