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ES Ceramics Technology Bhd (XKLS:0100) Interest Coverage : 9.75 (As of Feb. 2025)


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What is ES Ceramics Technology 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. ES Ceramics Technology Bhd's Operating Income for the three months ended in Feb. 2025 was RM3.8 Mil. ES Ceramics Technology Bhd's Interest Expense for the three months ended in Feb. 2025 was RM-0.4 Mil. ES Ceramics Technology Bhd's interest coverage for the quarter that ended in Feb. 2025 was 9.75. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:0100's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.72
* 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.


ES Ceramics Technology Bhd Interest Coverage Historical Data

The historical data trend for ES Ceramics Technology 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.

ES Ceramics Technology Bhd Interest Coverage Chart

ES Ceramics Technology Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.29 1,429.21 3,362.63 21.93 2.02

ES Ceramics Technology Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 9.46 - 13.56 8.38 9.75

Competitive Comparison of ES Ceramics Technology Bhd's Interest Coverage

For the Specialty Chemicals subindustry, ES Ceramics Technology 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.


ES Ceramics Technology Bhd's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ES Ceramics Technology Bhd's Interest Coverage falls into.


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ES Ceramics Technology 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.

ES Ceramics Technology Bhd's Interest Coverage for the fiscal year that ended in May. 2024 is calculated as

Here, for the fiscal year that ended in May. 2024, ES Ceramics Technology Bhd's Interest Expense was RM-1.5 Mil. Its Operating Income was RM3.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM27.3 Mil.

Interest Coverage=-1* Operating Income (A: May. 2024 )/Interest Expense (A: May. 2024 )
=-1*2.951/-1.463
=2.02

ES Ceramics Technology Bhd's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, ES Ceramics Technology Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM3.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM25.5 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2025 )/Interest Expense (Q: Feb. 2025 )
=-1*3.783/-0.388
=9.75

* 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.


ES Ceramics Technology Bhd  (XKLS:0100) 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 .


ES Ceramics Technology Bhd Interest Coverage Related Terms

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


ES Ceramics Technology Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 37, 39 and 41, Lengkok Rishah 2, Kawasan Perindustrian Silibin, Ipoh, PRK, MYS, 30100
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bag and balloon. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segment include Investment Holding, Glove and Investing and Construction, which derives maximum revenue.

ES Ceramics Technology Bhd Headlines

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