Radium Development Bhd (XKLS:5313) Interest Coverage : 1.88 (As of Mar. 2025)

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What is Radium Development 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. Radium Development Bhd's Operating Income for the three months ended in Mar. 2025 was RM4.1 Mil. Radium Development Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-2.2 Mil. Radium Development Bhd's interest coverage for the quarter that ended in Mar. 2025 was 1.88. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5313' s Interest Coverage Range Over the Past 10 Years
Min: 2.78 Med: 15.63 Max: 26.8
Current: 2.78

XKLS:5313's Interest Coverage is ranked worse than
59.67% of 1314 companies
in the Real Estate industry
Industry Median: 3.965 vs XKLS:5313: 2.78

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

Radium Development Bhd Interest Coverage Historical Data

The historical data trend for Radium Development 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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Radium Development Bhd Interest Coverage Chart

Radium Development Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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15.63

24.76

26.80

4.94

Radium Development Bhd Quarterly Data
	Dec19	Dec20	Dec21	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial								2.25	2.26	3.18	4.19	1.88

Competitive Comparison of Radium Development Bhd's Interest Coverage

For the Real Estate - Development subindustry, Radium Development 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.

Radium Development Bhd's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Radium Development Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Radium Development Bhd's Interest Coverage falls into.

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Radium Development 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.

Radium Development 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, Radium Development Bhd's Interest Expense was RM-3.1 Mil. Its Operating Income was RM15.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM74.2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	15.27	/	-3.092
	=	4.94

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

Here, for the three months ended in Mar. 2025, Radium Development Bhd's Interest Expense was RM-2.2 Mil. Its Operating Income was RM4.1 Mil. And its Long-Term Debt & Capital Lease Obligation was RM62.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	4.106	/	-2.181
	=	1.88

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

Radium Development Bhd (XKLS:5313) 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 .

Radium Development Bhd Interest Coverage Related Terms

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

Radium Development Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Radium Development Bhd (XKLS:5313) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

Jalan Melati Utama 2, No. 7-2, PV7, Taman Melati Utama, Setapak, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 53100

Website

https://www.radiumdevelopment.com

Radium Development Bhd is a property developer principally involved in the development of high-rise residential properties, focusing on the development of competitively-priced high-rise residential properties in strategic locations in urban Kuala Lumpur. Its high-rise residential property development comprises condominiums, serviced apartments, suite apartments and SOHO units. The company also committed to the development of affordable housing such as Residensi Wilayah and PPAM to support the Government's effort in providing affordable housing to all Malaysian citizens. The company operates in three reportable segments Sales of development properties, Construction contracts, and Sale of goods. The majority of revenue is derived from the Sales of development properties segment.

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