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Skyworld Development Bhd (XKLS:5315) Interest Coverage : 7.98 (As of Mar. 2025)


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What is Skyworld 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. Skyworld Development Bhd's Operating Income for the three months ended in Mar. 2025 was RM31.3 Mil. Skyworld Development Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-3.9 Mil. Skyworld Development Bhd's interest coverage for the quarter that ended in Mar. 2025 was 7.98. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5315' s Interest Coverage Range Over the Past 10 Years
Min: 4.93   Med: 8.35   Max: 14.56
Current: 6.64


XKLS:5315's Interest Coverage is ranked better than
61.84% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs XKLS:5315: 6.64

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


Skyworld Development Bhd Interest Coverage Historical Data

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

Skyworld Development Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 4.93 9.34 14.56 10.89 6.64

Skyworld Development Bhd Quarterly Data
Mar20 Mar21 Mar22 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 10.18 4.50 6.23 8.39 7.98

Competitive Comparison of Skyworld Development Bhd's Interest Coverage

For the Real Estate - Development subindustry, Skyworld 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.


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

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

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


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Skyworld 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.

Skyworld Development Bhd's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Skyworld Development Bhd's Interest Expense was RM-14.7 Mil. Its Operating Income was RM97.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM189.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*97.437/-14.67
=6.64

Skyworld 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, Skyworld Development Bhd's Interest Expense was RM-3.9 Mil. Its Operating Income was RM31.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM189.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*31.27/-3.917
=7.98

* 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.


Skyworld Development Bhd  (XKLS:5315) 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 .


Skyworld Development Bhd Interest Coverage Related Terms

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


Skyworld Development Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang Putra, Ground Floor, Block B, Wisma NTP World, Excella Business Park, Ampang, Kuala Lumpur, SGR, MYS, 55100
Skyworld Development Bhd is an urban property developer focusing on the development of high-rise residential and commercial as well as affordable properties. The company's operating segment includes Property Development, Property Management, Management Services and Investment Holding, and Construction. The company generates the majority of its revenue from the Property development segment, which is engaged in comprising development of high-rise residential, commercial, and affordable home. The company carries out all of its operations in Malaysia.

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