WCE Holdings Bhd (XKLS:3565) Interest Coverage : 0.18 (As of Mar. 2025)

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What is WCE 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. WCE Holdings Bhd's Operating Income for the three months ended in Mar. 2025 was RM9.9 Mil. WCE Holdings Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-55.5 Mil. WCE Holdings Bhd's interest coverage for the quarter that ended in Mar. 2025 was 0.18. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. WCE Holdings Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XKLS:3565' s Interest Coverage Range Over the Past 10 Years
Min: 0.07 Med: 2.84 Max: 104.68
Current: 0.33

XKLS:3565's Interest Coverage is ranked worse than
97.51% of 1327 companies
in the Construction industry
Industry Median: 7.24 vs XKLS:3565: 0.33

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

WCE Holdings Bhd Interest Coverage Historical Data

The historical data trend for WCE 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.

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WCE Holdings Bhd Interest Coverage Chart

WCE Holdings Bhd Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

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0.16

0.33

WCE Holdings Bhd Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															-	0.23	0.59	0.31	0.18

Competitive Comparison of WCE Holdings Bhd's Interest Coverage

For the Engineering & Construction subindustry, WCE 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.

WCE Holdings Bhd's Interest Coverage Distribution in the Construction Industry

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

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

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WCE 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.

WCE Holdings 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, WCE Holdings Bhd's Interest Expense was RM-214.3 Mil. Its Operating Income was RM70.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM4,392.5 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	70.699	/	-214.335
	=	0.33

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

Here, for the three months ended in Mar. 2025, WCE Holdings Bhd's Interest Expense was RM-55.5 Mil. Its Operating Income was RM9.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM4,392.5 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	9.88	/	-55.489
	=	0.18

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

WCE Holdings Bhd (XKLS:3565) 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 .

WCE Holdings Bhd Interest Coverage Related Terms

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

WCE Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WCE Holdings Bhd (XKLS:3565) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Meru/KU5, Pesisiran Pantai Barat, Pejabat Pengurusan Lebuhraya, Bandar Bukit Raja, Klang, SGR, MYS, 41050

Website

https://www.wcehb.com.my

WCE Holdings Bhd is an investment holding company. The company's segments include Toll concession, Construction, and Others. The majority of the company's revenue is generated from the Toll concession segment which is engaged in the business of construction, management, and tolling of highway operation. The construction segment is involved in the business of construction contracting and project management services, and the other segment is engaged in the business of leasing and investment holding. All of its activities are carried out in Malaysia.

WCE Holdings Bhd Headlines

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