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Kinergy Advancement Bhd (XKLS:0193) Interest Coverage : 3.44 (As of Mar. 2025)


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What is Kinergy Advancement 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. Kinergy Advancement Bhd's Operating Income for the three months ended in Mar. 2025 was RM8.2 Mil. Kinergy Advancement Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-2.4 Mil. Kinergy Advancement Bhd's interest coverage for the quarter that ended in Mar. 2025 was 3.44. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0193' s Interest Coverage Range Over the Past 10 Years
Min: 1.53   Med: 7.65   Max: 17.35
Current: 3.33


XKLS:0193's Interest Coverage is ranked worse than
68.83% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs XKLS:0193: 3.33

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


Kinergy Advancement Bhd Interest Coverage Historical Data

The historical data trend for Kinergy Advancement 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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Kinergy Advancement Bhd Interest Coverage Chart

Kinergy Advancement 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 8.11 2.88 1.53 2.03 3.31

Kinergy Advancement 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 3.11 3.58 2.39 4.42 3.44

Competitive Comparison of Kinergy Advancement Bhd's Interest Coverage

For the Engineering & Construction subindustry, Kinergy Advancement 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.


Kinergy Advancement Bhd's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kinergy Advancement Bhd's Interest Coverage distribution charts can be found below:

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


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Kinergy Advancement 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.

Kinergy Advancement 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, Kinergy Advancement Bhd's Interest Expense was RM-9.5 Mil. Its Operating Income was RM31.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM104.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*31.431/-9.49
=3.31

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

Here, for the three months ended in Mar. 2025, Kinergy Advancement Bhd's Interest Expense was RM-2.4 Mil. Its Operating Income was RM8.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM103.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*8.197/-2.382
=3.44

* 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.


Kinergy Advancement Bhd  (XKLS:0193) 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 .


Kinergy Advancement Bhd Interest Coverage Related Terms

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


Kinergy Advancement Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Jalan Radin Bagus 9, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000
Kinergy Advancement Bhd is a Malaysia-based company specializing in electrical and mechanical engineering as well as Sustainable Energy Solutions (SES). The company offers all aspects of electrical, mechanical, and associated engineering services for both commercial and residential buildings. Its Electrical engineering services are involved in the installation, testing, and commissioning of electrical systems, including electrical distribution systems, communications, and information technology networks, and (Extra Low Voltage) ELV systems. The company also offers mechanical engineering services, which involve the installation, testing, and commissioning of air-conditioning and mechanical ventilation systems.

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