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KLCC Property & Holdings Bhd (XKLS:5235SS) Interest Coverage : 9.41 (As of Mar. 2024)


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What is KLCC Property & 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. KLCC Property & Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM266 Mil. KLCC Property & Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-28 Mil. KLCC Property & Holdings Bhd's interest coverage for the quarter that ended in Mar. 2024 was 9.41. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5235SS' s Interest Coverage Range Over the Past 10 Years
Min: 6.99   Med: 9.03   Max: 9.79
Current: 9.74


XKLS:5235SS's Interest Coverage is ranked better than
77.05% of 671 companies
in the REITs industry
Industry Median: 2.95 vs XKLS:5235SS: 9.74

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


KLCC Property & Holdings Bhd Interest Coverage Historical Data

The historical data trend for KLCC Property & 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.

KLCC Property & Holdings Bhd Interest Coverage Chart

KLCC Property & Holdings 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 9.79 7.43 7.83 9.47 9.66

KLCC Property & Holdings 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 9.11 9.02 9.24 11.68 9.41

Competitive Comparison of KLCC Property & Holdings Bhd's Interest Coverage

For the REIT - Diversified subindustry, KLCC Property & 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.


KLCC Property & Holdings Bhd's Interest Coverage Distribution in the REITs Industry

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

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



KLCC Property & 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.

KLCC Property & Holdings 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, KLCC Property & Holdings Bhd's Interest Expense was RM-106 Mil. Its Operating Income was RM1,020 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,290 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1020.226/-105.597
=9.66

KLCC Property & Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, KLCC Property & Holdings Bhd's Interest Expense was RM-28 Mil. Its Operating Income was RM266 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,289 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*266.23/-28.293
=9.41

* 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.


KLCC Property & Holdings Bhd  (XKLS:5235SS) 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 .


KLCC Property & Holdings Bhd Interest Coverage Related Terms

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


KLCC Property & Holdings Bhd (XKLS:5235SS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Sultan Hishamuddin, Levels 33 & 34, Menara Dayabumi, Kuala Lumpur, MYS, 50050
KLCC Property & Holdings Bhd is a real estate investment company engaged in the ownership, management, and redevelopment of office and retail space in Malaysia. Its property portfolio consists of offices, retail, and hotel. Through its subsidiaries, it also provides facility management services and car parking management services. Its segments are Property investment providing office rental of office spaces and other related activities; Property investment providing retail rental of retail spaces and other related activities; Hotel operations providing rental of hotel rooms, the sale of food and beverages and other related activities; and, car park operations, management of a real estate investment trust and general management services.

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