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Metech International (SGX:V3M) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Metech International 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. Metech International's Operating Income for the six months ended in Dec. 2023 was S$-1.83 Mil. Metech International's Interest Expense for the six months ended in Dec. 2023 was S$-0.01 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 Metech International's Interest Coverage or its related term are showing as below:


SGX:V3M's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.48
* Ranked among companies with meaningful Interest Coverage only.

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


Metech International Interest Coverage Historical Data

The historical data trend for Metech International'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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Metech International Interest Coverage Chart

Metech International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Interest Coverage
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Metech International Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
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Competitive Comparison of Metech International's Interest Coverage

For the Specialty Business Services subindustry, Metech International'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.


Metech International's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Metech International's Interest Coverage distribution charts can be found below:

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



Metech International 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.

Metech International's Interest Coverage for the fiscal year that ended in Jun. 2022 is calculated as

Here, for the fiscal year that ended in Jun. 2022, Metech International's Interest Expense was S$-0.03 Mil. Its Operating Income was S$-2.61 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.60 Mil.

Metech International did not have earnings to cover the interest expense.

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

Here, for the six months ended in Dec. 2023, Metech International's Interest Expense was S$-0.01 Mil. Its Operating Income was S$-1.83 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.26 Mil.

Metech International did not have earnings to cover the interest expense.

* 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.


Metech International  (SGX:V3M) 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 .


Metech International Interest Coverage Related Terms

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Metech International (SGX:V3M) Business Description

Traded in Other Exchanges
N/A
Address
100G Pasir Panjang Road, No. 04-07 Interlocal Centre, Singapore, SGP, 118523
Metech International Ltd is a Singapore-based investment holding company. It is principally engaged in the processing service center for the electronics industry and the trading of plastics and non-precious metal materials. The company has three reportable segments Lab-Grown Diamond, Supply-chain management and corporate. Lab-Grown Diamond segment consists of manufacturing and distribution of lab-grown diamonds. The Supply-chain management segment which acts as a key revenue driver for the firm provides general wholesale trading of metal products, provides management and advisory of recycling and supply chain services, and the Corporate segment consists of an investment holding company.

Metech International (SGX:V3M) Headlines

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