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Vinvest Capital Holdings Bhd (XKLS:0069) Interest Coverage : 882.88 (As of Dec. 2024)


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What is Vinvest Capital Holdings 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. Vinvest Capital Holdings Bhd's Operating Income for the three months ended in Dec. 2024 was RM14.13 Mil. Vinvest Capital Holdings Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.02 Mil. Vinvest Capital Holdings Bhd's interest coverage for the quarter that ended in Dec. 2024 was 882.88. 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. Vinvest Capital Holdings Bhd interest coverage is 1.06, which is low.

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

XKLS:0069' s Interest Coverage Range Over the Past 10 Years
Min: 1.06   Med: 5.17   Max: 36.32
Current: 1.06


XKLS:0069's Interest Coverage is ranked worse than
84.74% of 1330 companies
in the Real Estate industry
Industry Median: 3.98 vs XKLS:0069: 1.06

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


Vinvest Capital Holdings Bhd Interest Coverage Historical Data

The historical data trend for Vinvest Capital Holdings 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.

* Premium members only.

Vinvest Capital Holdings Bhd Interest Coverage Chart

Vinvest Capital Holdings Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - N/A 5.29 - 1.06

Vinvest Capital Holdings Bhd Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - - 882.88

Competitive Comparison of Vinvest Capital Holdings Bhd's Interest Coverage

For the Real Estate - Development subindustry, Vinvest Capital Holdings 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.


Vinvest Capital Holdings Bhd's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Vinvest Capital Holdings Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vinvest Capital Holdings Bhd's Interest Coverage falls into.


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Vinvest Capital Holdings 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.

Vinvest Capital Holdings Bhd's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Vinvest Capital Holdings Bhd's Interest Expense was RM-2.60 Mil. Its Operating Income was RM2.76 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.28 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2.755/-2.597
=1.06

Vinvest Capital Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Vinvest Capital Holdings Bhd's Interest Expense was RM-0.02 Mil. Its Operating Income was RM14.13 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.28 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*14.126/-0.016
=882.88

* 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.


Vinvest Capital Holdings Bhd  (XKLS:0069) 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 .


Vinvest Capital Holdings Bhd Interest Coverage Related Terms

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


Vinvest Capital Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Jalan Seri Utara 1, Off Jalan Ipoh, Batu Caves, Kuala Lumpur, SGR, MYS, 68100
Vinvest Capital Holdings Bhd is an investment holding company. The company's operating segment includes Investment holding; Telecommunication engineering; Aluminium design and fabrication; Construction services and property development and others. It generates maximum revenue from the Construction services and property development segment. Geographically, it operates only in Malaysia.

Vinvest Capital Holdings Bhd Headlines

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