Kawan Renergy Bhd (XKLS:0307) Interest Coverage : 500.92 (As of Jan. 2025)

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What is Kawan Renergy 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. Kawan Renergy Bhd's Operating Income for the three months ended in Jan. 2025 was RM6.0 Mil. Kawan Renergy Bhd's Interest Expense for the three months ended in Jan. 2025 was RM-0.0 Mil. Kawan Renergy Bhd's interest coverage for the quarter that ended in Jan. 2025 was 500.92. 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. Kawan Renergy Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:0307' s Interest Coverage Range Over the Past 10 Years
Min: 36.7 Med: 71.69 Max: 133.45
Current: 133.45

XKLS:0307's Interest Coverage is ranked better than
87.31% of 1324 companies
in the Construction industry
Industry Median: 7.28 vs XKLS:0307: 133.45

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

Kawan Renergy Bhd Interest Coverage Historical Data

The historical data trend for Kawan Renergy 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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Kawan Renergy Bhd Interest Coverage Chart

Kawan Renergy Bhd Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

Interest Coverage

44.59

96.96

83.20

36.70

71.69

Kawan Renergy Bhd Quarterly Data
	Oct20	Oct21	Oct22	Oct23	Jan24	Jul24	Oct24	Jan25
Interest Coverage	Get a 7-Day Free Trial			N/A	42.74	67.50	278.92	500.92

Competitive Comparison of Kawan Renergy Bhd's Interest Coverage

For the Engineering & Construction subindustry, Kawan Renergy 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.

Kawan Renergy Bhd's Interest Coverage Distribution in the Construction Industry

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

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

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Kawan Renergy 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.

Kawan Renergy Bhd's Interest Coverage for the fiscal year that ended in Oct. 2024 is calculated as

Here, for the fiscal year that ended in Oct. 2024, Kawan Renergy Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM25.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Oct. 2024 )	/	Interest Expense (A: Oct. 2024 )
	=	-1	*	25.235	/	-0.352
	=	71.69

Kawan Renergy Bhd's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Kawan Renergy Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM6.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.5 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2025 )	/	Interest Expense (Q: Jan. 2025 )
	=	-1	*	6.011	/	-0.012
	=	500.92

The higher the ratio, the stronger the company's Financial Strength is.

Kawan Renergy Bhd (XKLS:0307) 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 .

Kawan Renergy Bhd Interest Coverage Related Terms

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

Kawan Renergy Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kawan Renergy Bhd (XKLS:0307) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

18, Lebuh Perusahaan Klebang 1, IGB Industrial Park, Ipoh, PRK, MYS, 31200

Website

https://www.kawan-renergy.com.my

Kawan Renergy Bhd is an investment holding company. Through its subsidiaries, the Group is principally involved in the design, fabrication, installation and/or commissioning of industrial process equipment, process plants as well as renewable energy and co-generation plants (design, fabrication, installation and/or commissioning solutions). As an engineering solutions provider, its solutions encompass the Group's technical capability to analyse its customer's needs and proactively propose suitable design solutions which are customized to meet its customers' engineering requirements.

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