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Well Chip Group Bhd (XKLS:5325) Interest Coverage : 173.95 (As of Dec. 2024)


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What is Well Chip Group 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. Well Chip Group Bhd's Operating Income for the six months ended in Dec. 2024 was RM69.8 Mil. Well Chip Group Bhd's Interest Expense for the six months ended in Dec. 2024 was RM-0.4 Mil. Well Chip Group Bhd's interest coverage for the quarter that ended in Dec. 2024 was 173.95. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5325' s Interest Coverage Range Over the Past 10 Years
Min: 128.84   Med: 173.95   Max: 265.25
Current: 173.95


XKLS:5325's Interest Coverage is ranked better than
90.66% of 792 companies
in the Retail - Cyclical industry
Industry Median: 7.785 vs XKLS:5325: 173.95

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


Well Chip Group Bhd Interest Coverage Historical Data

The historical data trend for Well Chip Group 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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Well Chip Group Bhd Interest Coverage Chart

Well Chip Group Bhd Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
265.25 181.97 128.84 132.47 173.95

Well Chip Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage 265.25 181.97 128.84 132.47 173.95

Competitive Comparison of Well Chip Group Bhd's Interest Coverage

For the Luxury Goods subindustry, Well Chip Group 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.


Well Chip Group Bhd's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Well Chip Group Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Well Chip Group Bhd's Interest Coverage falls into.


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Well Chip Group 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.

Well Chip Group 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, Well Chip Group Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM69.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM21.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*69.752/-0.401
=173.95

Well Chip Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Well Chip Group Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM69.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM21.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*69.752/-0.401
=173.95

* 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.


Well Chip Group Bhd  (XKLS:5325) 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 .


Well Chip Group Bhd Interest Coverage Related Terms

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Well Chip Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Harmonium 35/3, No. 23-01 & 23-02, Taman Desa Tebrau, Johor Bahru, JHR, MYS, 81100
Well Chip Group Bhd is engaged in provision of pawnbroking services where it offer pledges-backed pawn loans with a short repayment period to pawnbroking customers. Pawn loans are commonly defined as micro-loans provided against pledges such as gold, gold jewellery and luxury watches; and retail and trading of jewellery and gold. The company operates two reportable segments Pawnbroking services and Retail and trading of jewellery and gold. Key revenue is generated from Retail and trading of jewellery and gold which includes Retail sale of new and pre-owned jewellery and gold, also Sale of scrap gold acquired from unredeemed and bid pledges Sale of scrap gold acquired from unredeemed and bid pled.

Well Chip Group Bhd Headlines

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