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Malaysia Smelting Bhd (XKLS:5916) Interest Coverage : 8.74 (As of Dec. 2024)


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What is Malaysia Smelting 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. Malaysia Smelting Bhd's Operating Income for the three months ended in Dec. 2024 was RM45 Mil. Malaysia Smelting Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-5 Mil. Malaysia Smelting Bhd's interest coverage for the quarter that ended in Dec. 2024 was 8.74. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5916' s Interest Coverage Range Over the Past 10 Years
Min: 2.81   Med: 6   Max: 12.76
Current: 7.31


XKLS:5916's Interest Coverage is ranked worse than
83.46% of 1324 companies
in the Metals & Mining industry
Industry Median: No Debt vs XKLS:5916: 7.31

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


Malaysia Smelting Bhd Interest Coverage Historical Data

The historical data trend for Malaysia Smelting 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.

* Premium members only.

Malaysia Smelting Bhd Interest Coverage Chart

Malaysia Smelting Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 12.76 7.64 6.78 7.31

Malaysia Smelting Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.15 7.01 6.29 8.74

Competitive Comparison of Malaysia Smelting Bhd's Interest Coverage

For the Other Industrial Metals & Mining subindustry, Malaysia Smelting 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.


Malaysia Smelting Bhd's Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Malaysia Smelting Bhd's Interest Coverage distribution charts can be found below:

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


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Malaysia Smelting 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.

Malaysia Smelting 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, Malaysia Smelting Bhd's Interest Expense was RM-19 Mil. Its Operating Income was RM140 Mil. And its Long-Term Debt & Capital Lease Obligation was RM32 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*140.48/-19.228
=7.31

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

Here, for the three months ended in Dec. 2024, Malaysia Smelting Bhd's Interest Expense was RM-5 Mil. Its Operating Income was RM45 Mil. And its Long-Term Debt & Capital Lease Obligation was RM32 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*44.606/-5.106
=8.74

* 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.


Malaysia Smelting Bhd  (XKLS:5916) 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 .


Malaysia Smelting Bhd Interest Coverage Related Terms

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


Malaysia Smelting Bhd Business Description

Traded in Other Exchanges
Address
Jalan Perigi Nanas 6/1, Lot 6, 8 & 9, Pulau Indah Industrial Park, West Port, Port Klang, SGR, MYS, 42920
Malaysia Smelting Corp Bhd is an investment holding company. Along with its subsidiaries, it is engaged in smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal under the MSC brand name, and the sales and delivery of refined tin metal and by-products. The group has three reportable operating segments: Tin smelting, Tin Mining, and Others. The majority of its revenue is generated from the Tin Smelting segment, which includes the smelting of tin concentrates and tin-bearing materials, the production of various grades of refined tin metal, and the sale and delivery of refined tin metal and by-products. Geographically, the group mainly operates in Malaysia.

Malaysia Smelting Bhd Headlines

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