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Asdion Bhd (XKLS:0068) Interest Coverage : N/A (As of Dec. 2023)


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What is Asdion Bhd 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. Asdion Bhd's Operating Income for the three months ended in Dec. 2023 was RM-0.01 Mil. Asdion Bhd's Interest Expense for the three months ended in Dec. 2023 was RM0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:0068's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.085
* 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.


Asdion Bhd Interest Coverage Historical Data

The historical data trend for Asdion Bhd'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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Asdion Bhd Interest Coverage Chart

Asdion Bhd Annual Data
Trend Dec09 Dec10 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep20 Sep21
Interest Coverage
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Asdion Bhd Quarterly Data
Jun18 Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 - N/A N/A N/A N/A

Competitive Comparison of Asdion Bhd's Interest Coverage

For the Conglomerates subindustry, Asdion Bhd'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.


Asdion Bhd's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asdion Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asdion Bhd's Interest Coverage falls into.



Asdion Bhd 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.

Asdion Bhd's Interest Coverage for the fiscal year that ended in Sep. 2021 is calculated as

Here, for the fiscal year that ended in Sep. 2021, Asdion Bhd's Interest Expense was RM-0.11 Mil. Its Operating Income was RM-2.34 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.11 Mil.

Asdion Bhd did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Asdion Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.16 Mil.

GuruFocus does not calculate Asdion Bhd's interest coverage with the available data.

* 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.


Asdion Bhd  (XKLS:0068) 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 .


Asdion Bhd Interest Coverage Related Terms

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


Asdion Bhd (XKLS:0068) Business Description

Traded in Other Exchanges
N/A
Address
SO-13A-3A, Menara 1, No. 3, Jalan Bangsar, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in software development and activities related to information and communication technologies.

Asdion Bhd (XKLS:0068) Headlines

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