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Notion Vtec Bhd (XKLS:0083) Interest Coverage : 16.11 (As of Mar. 2025)


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What is Notion Vtec 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. Notion Vtec Bhd's Operating Income for the three months ended in Mar. 2025 was RM7.9 Mil. Notion Vtec Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.5 Mil. Notion Vtec Bhd's interest coverage for the quarter that ended in Mar. 2025 was 16.11. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0083' s Interest Coverage Range Over the Past 10 Years
Min: 9.96   Med: 16.82   Max: 28.49
Current: 28.49


XKLS:0083's Interest Coverage is ranked better than
63.68% of 1605 companies
in the Hardware industry
Industry Median: 13.08 vs XKLS:0083: 28.49

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


Notion Vtec Bhd Interest Coverage Historical Data

The historical data trend for Notion Vtec 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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Notion Vtec Bhd Interest Coverage Chart

Notion Vtec Bhd Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 23.67

Notion Vtec Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 32.97 46.79 10.33 39.25 16.11

Competitive Comparison of Notion Vtec Bhd's Interest Coverage

For the Electronic Components subindustry, Notion Vtec 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.


Notion Vtec Bhd's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Notion Vtec Bhd's Interest Coverage distribution charts can be found below:

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


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Notion Vtec 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.

Notion Vtec Bhd's Interest Coverage for the fiscal year that ended in Sep. 2024 is calculated as

Here, for the fiscal year that ended in Sep. 2024, Notion Vtec Bhd's Interest Expense was RM-2.2 Mil. Its Operating Income was RM51.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM11.4 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2024 )/Interest Expense (A: Sep. 2024 )
=-1*51.662/-2.183
=23.67

Notion Vtec Bhd's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Notion Vtec Bhd's Interest Expense was RM-0.5 Mil. Its Operating Income was RM7.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM15.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*7.864/-0.488
=16.11

* 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.


Notion Vtec Bhd  (XKLS:0083) 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 .


Notion Vtec Bhd Interest Coverage Related Terms

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


Notion Vtec Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 6123, Jalan Haji Salleh, Batu 5 1/2, Jalan Meru, Klang, SGR, MYS, 41050
Notion Vtec Bhd is a Malaysia-based investment holding firm. Through its subsidiaries is engaged in manufacturing and sells precision components, tools, and other related products. The company operates in two segments namely Personal Protective Equipment and Precision Engineering. The Precision Engineering segment accounts for the majority of revenue that engages in the manufacture of high-volume precision components and tools including design, other related activities, and incidental services. Substantial revenue comes from the Thailand market, while it also has a presence in various other countries. The Personal Protective Equipment Segment includes the Manufacturing of personal protective equipment and medical-related materials, components, devices or products, and other activities.

Notion Vtec Bhd Headlines

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