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Mudajaya Group Bhd (XKLS:5085) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Mudajaya Group 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. Mudajaya Group Bhd's Operating Income for the three months ended in Mar. 2024 was RM-0.7 Mil. Mudajaya Group Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-12.7 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 Mudajaya Group Bhd's Interest Coverage or its related term are showing as below:


XKLS:5085's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.04
* 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.


Mudajaya Group Bhd Interest Coverage Historical Data

The historical data trend for Mudajaya Group 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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Mudajaya Group Bhd Interest Coverage Chart

Mudajaya Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 - 0.01 0.25 -

Mudajaya Group Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.34 - 0.48 - -

Competitive Comparison of Mudajaya Group Bhd's Interest Coverage

For the Engineering & Construction subindustry, Mudajaya Group 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.


Mudajaya Group Bhd's Interest Coverage Distribution in the Construction Industry

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

* The bar in red indicates where Mudajaya Group Bhd's Interest Coverage falls into.



Mudajaya Group 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.

Mudajaya Group Bhd's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Mudajaya Group Bhd's Interest Expense was RM-52.4 Mil. Its Operating Income was RM-19.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM347.1 Mil.

Mudajaya Group Bhd did not have earnings to cover the interest expense.

Mudajaya Group Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Mudajaya Group Bhd's Interest Expense was RM-12.7 Mil. Its Operating Income was RM-0.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM368.4 Mil.

Mudajaya Group 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.


Mudajaya Group Bhd  (XKLS:5085) 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 .


Mudajaya Group Bhd Interest Coverage Related Terms

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


Mudajaya Group Bhd (XKLS:5085) Business Description

Traded in Other Exchanges
N/A
Address
Number 12A, Jalan PJU 7/3, PH1, Menara Mudajaya, Mutiara Damansara, Petaling Jaya, MYS, 47810
Mudajaya Group Bhd along with its subsidiaries, the firm operates in four reportable segments including Construction contracts, Property, Power, Trading, and manufacturing. The construction contracts segment is engaged in undertaking engineering, construction works, and equipment procurement. The property segment develops residential and commercial properties. The power segment is engaged in the sale of power energy. And Trading and manufacturing segment is engaged in the sales and manufacturing of construction-related products. It operates in Malaysia, Indonesia, India, the Republic of Mauritius, and Negara Brunei Darussalam. The company generates the majority of its revenue from the Construction contracts segment.

Mudajaya Group Bhd (XKLS:5085) Headlines

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