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Betamek Bhd (XKLS:0263) Interest Coverage : 728.44 (As of Mar. 2025)


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What is Betamek 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. Betamek Bhd's Operating Income for the three months ended in Mar. 2025 was RM6.6 Mil. Betamek Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.0 Mil. Betamek Bhd's interest coverage for the quarter that ended in Mar. 2025 was 728.44. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Betamek Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:0263' s Interest Coverage Range Over the Past 10 Years
Min: 19.46   Med: 58.99   Max: 14173.5
Current: 1057.93


XKLS:0263's Interest Coverage is ranked better than
96.34% of 1039 companies
in the Vehicles & Parts industry
Industry Median: 8.07 vs XKLS:0263: 1057.93

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


Betamek Bhd Interest Coverage Historical Data

The historical data trend for Betamek 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.

Betamek Bhd Interest Coverage Chart

Betamek Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 58.99 19.46 25.22 480.61 821.90

Betamek Bhd Quarterly Data
Mar19 Mar20 Mar21 Mar22 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 549.56 569.18 2,480.80 1,364.75 728.44

Competitive Comparison of Betamek Bhd's Interest Coverage

For the Auto Parts subindustry, Betamek 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.


Betamek Bhd's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Betamek Bhd's Interest Coverage distribution charts can be found below:

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


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Betamek 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.

Betamek Bhd's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Betamek Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM23.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM8.3 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*23.835/-0.029
=821.90

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

Here, for the three months ended in Mar. 2025, Betamek Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM6.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM8.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*6.556/-0.009
=728.44

* 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.


Betamek Bhd  (XKLS:0263) 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 .


Betamek Bhd Interest Coverage Related Terms

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


Betamek Bhd Business Description

Traded in Other Exchanges
N/A
Address
Taman Industri Integrasi Rawang, Lingkaran Taman Industri Integrasi Rawang 2, Lot 137, Rawang, SGR, MYS, 48000
Betamek Bhd is actively involved in automotive electronics product design and manufacturing, working closely with customers in Malaysia, Japan, and Indonesia. It offers products such as CD changers, car clocks, air purifiers, switches, lighter/power sockets, roof-mounted monitors, speakers, USB chargers, digital air-conditioning controllers and other electronic accessories. The company operates in three segments Vehicle audio and visual products, Vehicle accessories, and Investment holding and the majority of revenue generates from Vehicle audio and visual products.

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