GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Westports Holdings Bhd (XKLS:5246) » Definitions » Interest Coverage

Westports Holdings Bhd (XKLS:5246) Interest Coverage : 10.74 (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Westports 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. Westports Holdings Bhd's Operating Income for the three months ended in Mar. 2025 was RM315 Mil. Westports Holdings Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-29 Mil. Westports Holdings Bhd's interest coverage for the quarter that ended in Mar. 2025 was 10.74. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5246' s Interest Coverage Range Over the Past 10 Years
Min: 8.49   Med: 10.93   Max: 19.71
Current: 13.69


XKLS:5246's Interest Coverage is ranked better than
71.24% of 838 companies
in the Transportation industry
Industry Median: 6.05 vs XKLS:5246: 13.69

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


Westports Holdings Bhd Interest Coverage Historical Data

The historical data trend for Westports 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.

Westports Holdings Bhd Interest Coverage Chart

Westports Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.28 14.81 14.71 19.71 16.25

Westports 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 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 21.96 22.07 17.03 11.03 10.74

Competitive Comparison of Westports Holdings Bhd's Interest Coverage

For the Marine Shipping subindustry, Westports 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.


Westports Holdings Bhd's Interest Coverage Distribution in the Transportation Industry

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

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


;
;

Westports 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.

Westports Holdings 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, Westports Holdings Bhd's Interest Expense was RM-74 Mil. Its Operating Income was RM1,194 Mil. And its Long-Term Debt & Capital Lease Obligation was RM954 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1194.468/-73.527
=16.25

Westports 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, Westports Holdings Bhd's Interest Expense was RM-29 Mil. Its Operating Income was RM315 Mil. And its Long-Term Debt & Capital Lease Obligation was RM949 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*314.773/-29.298
=10.74

* 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.


Westports Holdings Bhd  (XKLS:5246) 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 .


Westports Holdings Bhd Interest Coverage Related Terms

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


Westports Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Pulau Indah, P.O. Box 266, Westports, Port Klang, SGR, MYS, 42009
Westports Holdings Bhd is a port and logistics company domiciled in Malaysia. The company predominantly develops and operates a port under the Westports brand in Port Klang, Malaysia. Westports provides container services; conventional services, including break bulk, dry bulk, and liquid bulk; and other marine facilities. In addition to core port operations, the company provides bulk storage, refrigerated container storage, and bunkering services to supply fuel to ships. The company derives its revenue domestically.

Westports Holdings Bhd Headlines

No Headlines