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Negri Sembilan Oil Palms Bhd (XKLS:2038) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Negri Sembilan Oil Palms 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. Negri Sembilan Oil Palms Bhd's Operating Income for the three months ended in Dec. 2024 was RM10.4 Mil. Negri Sembilan Oil Palms Bhd's Interest Expense for the three months ended in Dec. 2024 was RM0.0 Mil. Negri Sembilan Oil Palms Bhd has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Negri Sembilan Oil Palms Bhd has no debt.

(1) 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.

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

XKLS:2038' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


XKLS:2038's Interest Coverage is ranked better than
99.52% of 1446 companies
in the Consumer Packaged Goods industry
Industry Median: 8.77 vs XKLS:2038: No Debt

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


Negri Sembilan Oil Palms Bhd Interest Coverage Historical Data

The historical data trend for Negri Sembilan Oil Palms 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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Negri Sembilan Oil Palms Bhd Interest Coverage Chart

Negri Sembilan Oil Palms 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 No Debt No Debt No Debt No Debt No Debt

Negri Sembilan Oil Palms Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Negri Sembilan Oil Palms Bhd's Interest Coverage

For the Farm Products subindustry, Negri Sembilan Oil Palms 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.


Negri Sembilan Oil Palms Bhd's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Negri Sembilan Oil Palms Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Negri Sembilan Oil Palms Bhd's Interest Coverage falls into.



Negri Sembilan Oil Palms 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.

Negri Sembilan Oil Palms 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, Negri Sembilan Oil Palms Bhd's Interest Expense was RM0.0 Mil. Its Operating Income was RM35.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.

Negri Sembilan Oil Palms Bhd had no debt (1).

Negri Sembilan Oil Palms Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Negri Sembilan Oil Palms Bhd's Interest Expense was RM0.0 Mil. Its Operating Income was RM10.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.

Negri Sembilan Oil Palms Bhd had no debt (1).

* 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.


Negri Sembilan Oil Palms Bhd  (XKLS:2038) 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 .


Negri Sembilan Oil Palms Bhd Interest Coverage Related Terms

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


Negri Sembilan Oil Palms Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 5, Suite 2B-3A-2, Block 2B Level 3A, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Negri Sembilan Oil Palms Bhd is an investment holding company, which engages in the cultivation of oil palms in Malaysia. The firm is also involved in the cultivation of oil palms, and the production and sale of fresh fruit bunches, crude palm oil, and palm kernel. The single reportable segment of the Group relates to the cultivation of oil palms, production and sale of FFB, CPO and PK and are wholly carried out in Peninsular Malaysia.

Negri Sembilan Oil Palms Bhd Headlines

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