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Comfort Gloves Bhd (XKLS:2127) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Comfort Gloves 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. Comfort Gloves Bhd's Operating Income for the three months ended in Mar. 2025 was RM-9.9 Mil. Comfort Gloves Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.8 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:2127's Interest Coverage is not ranked *
in the Chemicals industry.
Industry Median: 9.67
* Ranked among companies with meaningful Interest Coverage only.

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


Comfort Gloves Bhd Interest Coverage Historical Data

The historical data trend for Comfort Gloves 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.

Comfort Gloves Bhd Interest Coverage Chart

Comfort Gloves Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 131.88 - - -

Comfort Gloves Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 - - - - -

Competitive Comparison of Comfort Gloves Bhd's Interest Coverage

For the Specialty Chemicals subindustry, Comfort Gloves 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.


Comfort Gloves Bhd's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Comfort Gloves Bhd's Interest Coverage distribution charts can be found below:

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


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Comfort Gloves 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.

Comfort Gloves 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, Comfort Gloves Bhd's Interest Expense was RM-2.3 Mil. Its Operating Income was RM-73.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM7.7 Mil.

Comfort Gloves Bhd did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Comfort Gloves Bhd's Interest Expense was RM-0.8 Mil. Its Operating Income was RM-9.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM13.8 Mil.

Comfort Gloves Bhd did not have earnings to cover the interest expense.

* 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.


Comfort Gloves Bhd  (XKLS:2127) 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 .


Comfort Gloves Bhd Interest Coverage Related Terms

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


Comfort Gloves Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Comfort Gloves Bhd is engaged in the manufacturing and trading of nitrile and latex gloves. Its operating segments include Manufacturing engaged in manufacturing and trading of latex gloves; Investment holding engaged in investment holding and provision of management services; Trading engaged in trading of latex gloves; and Others. Majority of the revenue is derived from the Manufacturing segment. Geographically, it operates in Malaysia, United States of America and Canada, Asia (excluding Malaysia), Europe, and Others with Majority of the revenue deriving from United States of America and Canada.

Comfort Gloves Bhd Headlines

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