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SIK Cheong Bhd (XKLS:0316) Interest Coverage : 241.75 (As of Mar. 2025)


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What is SIK Cheong 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. SIK Cheong Bhd's Operating Income for the three months ended in Mar. 2025 was RM0.97 Mil. SIK Cheong Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.00 Mil. SIK Cheong Bhd's interest coverage for the quarter that ended in Mar. 2025 was 241.75. 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. SIK Cheong Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:0316' s Interest Coverage Range Over the Past 10 Years
Min: 66   Med: 419.75   Max: 1131.5
Current: 66


XKLS:0316's Interest Coverage is ranked better than
79.88% of 1476 companies
in the Consumer Packaged Goods industry
Industry Median: 8.4 vs XKLS:0316: 66.00

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


SIK Cheong Bhd Interest Coverage Historical Data

The historical data trend for SIK Cheong 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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SIK Cheong Bhd Interest Coverage Chart

SIK Cheong Bhd Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
353.80 260.33 816.44 1,131.50 419.75

SIK Cheong Bhd Quarterly Data
Mar21 Mar22 Mar23 Mar24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A N/A - 1,661.00 241.75

Competitive Comparison of SIK Cheong Bhd's Interest Coverage

For the Packaged Foods subindustry, SIK Cheong 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.


SIK Cheong Bhd's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SIK Cheong Bhd's Interest Coverage distribution charts can be found below:

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


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SIK Cheong 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.

SIK Cheong 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, SIK Cheong Bhd's Interest Expense was RM-0.00 Mil. Its Operating Income was RM1.68 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.02 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*1.679/-0.004
=419.75

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

Here, for the three months ended in Mar. 2025, SIK Cheong Bhd's Interest Expense was RM-0.00 Mil. Its Operating Income was RM0.97 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.02 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.967/-0.004
=241.75

* 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.


SIK Cheong Bhd  (XKLS:0316) 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 .


SIK Cheong Bhd Interest Coverage Related Terms

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


SIK Cheong Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jalan 6/14, Kampung Tasik Tambahan, Darul Ehsan, Ampang, SGR, MYS, 68000
SIK Cheong Bhd is involved in the repackaging, marketing and distribution of RBD palm olein oil products. Its products include RBD palm olein cooking oil, which are sold under brands, Sawit Emas and Vitamas, or sold unbranded and also sell RBD palm olein lamp oil under brand, Pingat Emas. The company products are consumed and used commercially and in households.

SIK Cheong Bhd Headlines

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