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Top Builders Capital Bhd (XKLS:5268) Interest Coverage : 0 (At Loss) (As of Mar. 2023)


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What is Top Builders Capital 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. Top Builders Capital Bhd's Operating Income for the three months ended in Mar. 2023 was RM-5.69 Mil. Top Builders Capital Bhd's Interest Expense for the three months ended in Mar. 2023 was RM-0.14 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 Top Builders Capital Bhd's Interest Coverage or its related term are showing as below:


XKLS:5268'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.


Top Builders Capital Bhd Interest Coverage Historical Data

The historical data trend for Top Builders Capital 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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Top Builders Capital Bhd Interest Coverage Chart

Top Builders Capital Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22
Interest Coverage
Get a 7-Day Free Trial 1.09 - - N/A 79.51

Top Builders Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Top Builders Capital Bhd's Interest Coverage

For the Engineering & Construction subindustry, Top Builders Capital 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.


Top Builders Capital Bhd's Interest Coverage Distribution in the Construction Industry

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

* The bar in red indicates where Top Builders Capital Bhd's Interest Coverage falls into.



Top Builders Capital 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.

Top Builders Capital Bhd's Interest Coverage for the fiscal year that ended in Jun. 2022 is calculated as

Here, for the fiscal year that ended in Jun. 2022, Top Builders Capital Bhd's Interest Expense was RM-2.46 Mil. Its Operating Income was RM195.52 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.49 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2022 )/Interest Expense (A: Jun. 2022 )
=-1*195.524/-2.459
=79.51

Top Builders Capital Bhd's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the three months ended in Mar. 2023, Top Builders Capital Bhd's Interest Expense was RM-0.14 Mil. Its Operating Income was RM-5.69 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.05 Mil.

Top Builders Capital 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.


Top Builders Capital Bhd  (XKLS:5268) 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 .


Top Builders Capital Bhd Interest Coverage Related Terms

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


Top Builders Capital Bhd (XKLS:5268) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, 37 and 39, Jalan PJU 1A/41B, Pusat Dagangan NZX Ara Jaya, PJU1A, Petaling Jaya, SGR, MYS, 47301
Top Builders Capital Bhd is a Malaysia-based company engaged in civil and building construction. The company is involved in the engineering and construction of piling and foundations, bridges, and buildings. It is also engaged in the installation of a prefabricated building system, general civil and building construction, and property management. Key revenue is generated from construction contracts.

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