CPE Technology Bhd (XKLS:5317) Interest Coverage : 78.82 (As of Dec. 2024)

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What is CPE Technology 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. CPE Technology Bhd's Operating Income for the three months ended in Dec. 2024 was RM7.8 Mil. CPE Technology Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.1 Mil. CPE Technology Bhd's interest coverage for the quarter that ended in Dec. 2024 was 78.82. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5317' s Interest Coverage Range Over the Past 10 Years
Min: 10.4 Med: 18.13 Max: 42.91
Current: 31.75

XKLS:5317's Interest Coverage is ranked better than
65.16% of 1596 companies
in the Hardware industry
Industry Median: 13.13 vs XKLS:5317: 31.75

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

CPE Technology Bhd Interest Coverage Historical Data

The historical data trend for CPE Technology 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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CPE Technology Bhd Interest Coverage Chart

CPE Technology Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Coverage

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11.49

34.58

42.91

24.77

10.40

CPE Technology Bhd Quarterly Data
	Jun19	Jun20	Jun21	Jun22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial						6.26	21.59	12.77	41.47	78.82

Competitive Comparison of CPE Technology Bhd's Interest Coverage

For the Electronic Components subindustry, CPE Technology 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.

CPE Technology Bhd's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CPE Technology Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CPE Technology Bhd's Interest Coverage falls into.

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CPE Technology 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.

CPE Technology Bhd's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, CPE Technology Bhd's Interest Expense was RM-1.1 Mil. Its Operating Income was RM11.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM7.4 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jun. 2024 )	/	Interest Expense (A: Jun. 2024 )
	=	-1	*	11.669	/	-1.122
	=	10.40

CPE Technology Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, CPE Technology Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM7.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.6 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	7.803	/	-0.099
	=	78.82

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

CPE Technology Bhd (XKLS:5317) 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 .

CPE Technology Bhd Interest Coverage Related Terms

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

CPE Technology Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPE Technology Bhd (XKLS:5317) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800

Website

https://www.cpetbhd.com

CPE Technology Bhd is an investment holding company that focuses on manufacturing precision-machined parts and components through its subsidiaries. The company is involved in precision machining and mechanical sub-assembly including CNC Turning & Milling, Turn-Mill, and finishing processes. It also engages in the trading of precision machine parts and components. The company uses computer numerically controlled machinery integrated with CAD/CAM software to manufacture parts and assemblies that are used in sectors like semiconductors, automotive, healthcare, and oil and gas among others. Geographically, the company generates maximum revenue from the United States, and the rest from Singapore, Malaysia, Italy, Japan, Thailand, and other regions.

CPE Technology Bhd Headlines

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