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Damansara Holdings Bhd (XKLS:3484) Interest Coverage : 0 (At Loss) (As of Sep. 2022)


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What is Damansara Holdings 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. Damansara Holdings Bhd's Operating Income for the three months ended in Sep. 2022 was RM-2.4 Mil. Damansara Holdings Bhd's Interest Expense for the three months ended in Sep. 2022 was RM-0.1 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 Damansara Holdings Bhd's Interest Coverage or its related term are showing as below:


XKLS:3484's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 3.97
* 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.


Damansara Holdings Bhd Interest Coverage Historical Data

The historical data trend for Damansara Holdings 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.

Damansara Holdings Bhd Interest Coverage Chart

Damansara Holdings Bhd Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 - - 15.30 2.44

Damansara Holdings Bhd Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Sep22
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 Damansara Holdings Bhd's Interest Coverage

For the Real Estate Services subindustry, Damansara Holdings 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.


Damansara Holdings Bhd's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Damansara Holdings Bhd's Interest Coverage distribution charts can be found below:

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



Damansara Holdings 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.

Damansara Holdings Bhd's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Damansara Holdings Bhd's Interest Expense was RM-2.7 Mil. Its Operating Income was RM6.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM62.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2019 )/Interest Expense (A: Dec. 2019 )
=-1*6.541/-2.683
=2.44

Damansara Holdings Bhd's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, Damansara Holdings Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM15.8 Mil.

Damansara Holdings 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.


Damansara Holdings Bhd  (XKLS:3484) 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 .


Damansara Holdings Bhd Interest Coverage Related Terms

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


Damansara Holdings Bhd (XKLS:3484) Business Description

Traded in Other Exchanges
N/A
Address
Wisma chase perdana, Lot 10.3, Level 10, Off Jalan Semantan, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Damansara Holdings Bhd is an investment holding company. The group has structured its operations into the following business segments -Property and Land Development, Integrated Facility Management, Project Management Consultancy, and Holding company. The majority of the revenue is generated from the Integrated Facility Management segment which is engaged in the provision of property services comprising of general services, parking operation, trading of parking equipment, and the provision of related consultancy services.

Damansara Holdings Bhd (XKLS:3484) Headlines

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