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Privasia Technology Bhd (XKLS:0123) Interest Coverage : 0.24 (As of Mar. 2025)


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What is Privasia 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. Privasia Technology Bhd's Operating Income for the three months ended in Mar. 2025 was RM0.15 Mil. Privasia Technology Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.60 Mil. Privasia Technology Bhd's interest coverage for the quarter that ended in Mar. 2025 was 0.24. 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. Privasia Technology Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XKLS:0123' s Interest Coverage Range Over the Past 10 Years
Min: 0.35   Med: 7.79   Max: 16.99
Current: 0.35


XKLS:0123's Interest Coverage is ranked worse than
98.21% of 1672 companies
in the Software industry
Industry Median: 26.095 vs XKLS:0123: 0.35

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


Privasia Technology Bhd Interest Coverage Historical Data

The historical data trend for Privasia 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.

Privasia Technology Bhd Interest Coverage Chart

Privasia Technology Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 16.99 0.99 8.69 0.83

Privasia Technology 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 3.32 1.94 1.44 - 0.24

Competitive Comparison of Privasia Technology Bhd's Interest Coverage

For the Information Technology Services subindustry, Privasia 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.


Privasia Technology Bhd's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Privasia Technology Bhd's Interest Coverage distribution charts can be found below:

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


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Privasia 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.

Privasia Technology 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, Privasia Technology Bhd's Interest Expense was RM-2.78 Mil. Its Operating Income was RM2.31 Mil. And its Long-Term Debt & Capital Lease Obligation was RM24.83 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2.312/-2.779
=0.83

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

Here, for the three months ended in Mar. 2025, Privasia Technology Bhd's Interest Expense was RM-0.60 Mil. Its Operating Income was RM0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was RM23.03 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.145/-0.6
=0.24

* 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.


Privasia Technology Bhd  (XKLS:0123) 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 .


Privasia Technology Bhd Interest Coverage Related Terms

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


Privasia Technology Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Jalan 19/1, Unit C-21-02, 3 Two Square, Petaling Jaya, SGR, MYS, 46300
Privasia Technology Bhd is an investment holding company. The company's operating segment includes Information Technology (IT); Information and Communications Technology (ICT); Satellite-based network services (SAT) and Investment holding. The Information technology segment comprises IT infrastructure outsourcing, consultancy and systems integration, and procurement management; ICT segment provides wireless broadband infrastructure, comprehensive mobile and wireless communications consultancy, and systems development for ICT; and The SAT segment provides a broad spectrum of satellite-based network solutions, such as, value-added broadband applications and satellite IP Virtual Private Network for the commercial sector and general public. Geographically, it operates only in Malaysia.

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