Gamuda Bhd (XKLS:5398) Interest Coverage : 4.77 (As of Jan. 2024)

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What is Gamuda 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. Gamuda Bhd's Operating Income for the three months ended in Jan. 2024 was RM120 Mil. Gamuda Bhd's Interest Expense for the three months ended in Jan. 2024 was RM-25 Mil. Gamuda Bhd's interest coverage for the quarter that ended in Jan. 2024 was 4.77. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5398' s Interest Coverage Range Over the Past 10 Years
Min: 3.09 Med: 17 Max: 78.39
Current: 7.69

XKLS:5398's Interest Coverage is ranked better than
51.79% of 1259 companies
in the Construction industry
Industry Median: 7.02 vs XKLS:5398: 7.69

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

Gamuda Bhd Interest Coverage Historical Data

The historical data trend for Gamuda 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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Gamuda Bhd Interest Coverage Chart

Gamuda Bhd Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Interest Coverage

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25.13

3.09

5.24

8.86

Gamuda Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Coverage	Get a 7-Day Free Trial															4.46	27.60	10.58	3.67	4.77

Competitive Comparison of Gamuda Bhd's Interest Coverage

For the Engineering & Construction subindustry, Gamuda 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.

Gamuda Bhd's Interest Coverage Distribution in the Construction Industry

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

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

Gamuda 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.

Gamuda Bhd's Interest Coverage for the fiscal year that ended in Jul. 2023 is calculated as

Here, for the fiscal year that ended in Jul. 2023, Gamuda Bhd's Interest Expense was RM-78 Mil. Its Operating Income was RM695 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5,543 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Jul. 2023 )	/	Interest Expense (A: Jul. 2023 )
	=	-1	*	694.787	/	-78.407
	=	8.86

Gamuda Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Here, for the three months ended in Jan. 2024, Gamuda Bhd's Interest Expense was RM-25 Mil. Its Operating Income was RM120 Mil. And its Long-Term Debt & Capital Lease Obligation was RM6,539 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	120.235	/	-25.226
	=	4.77

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

Gamuda Bhd (XKLS:5398) 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 .

Gamuda Bhd Interest Coverage Related Terms

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

Gamuda Bhd (XKLS:5398) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gamuda Bhd (XKLS:5398) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Jalan PJU8/8A, Menara Gamuda, D-16-01, Block D, PJ Trade Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820

Website

http://www.gamuda.com.my

Gamuda Bhdis one of Malaysia's firms in infrastructure and property development. It helps construct highways, plants, ports, and other industrial developments throughout select regions, and the company also develops residential and commercial communities. The company has three core business divisions: engineering and construction, property development, and water and expressway concessions. The engineering and construction segment generates more than half of the total revenue. Concessions granted to Gamuda from government authorities pertain to operating highways and water management. Gamuda operates highway tolls and works to minimize traffic congestion. As a water provider, it uses a multistep process to supply fresh clean water.

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