GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Star Media Group Bhd (XKLS:6084) » Definitions » Interest Coverage

Star Media Group Bhd (XKLS:6084) Interest Coverage : 1.66 (As of Sep. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Star Media 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. Star Media Group Bhd's Operating Income for the three months ended in Sep. 2024 was RM0.3 Mil. Star Media Group Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-0.2 Mil. Star Media Group Bhd's interest coverage for the quarter that ended in Sep. 2024 was 1.66. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:6084's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.835
* Ranked among companies with meaningful Interest Coverage only.

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


Star Media Group Bhd Interest Coverage Historical Data

The historical data trend for Star Media 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.

* Premium members only.

Star Media Group Bhd Interest Coverage Chart

Star Media Group Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Star Media Group Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 26.06 1.66

Competitive Comparison of Star Media Group Bhd's Interest Coverage

For the Publishing subindustry, Star Media 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.


Star Media Group Bhd's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Star Media Group Bhd's Interest Coverage distribution charts can be found below:

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



Star Media 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.

Star Media Group Bhd's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Star Media Group Bhd's Interest Expense was RM-0.8 Mil. Its Operating Income was RM-15.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM9.9 Mil.

Star Media Group Bhd did not have earnings to cover the interest expense.

Star Media Group Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Star Media Group Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM8.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*0.282/-0.17
=1.66

* 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.


Star Media Group Bhd  (XKLS:6084) 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 .


Star Media Group Bhd Interest Coverage Related Terms

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


Star Media Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan 16/11, Level 15, Menara Star 15, Petaling Jaya, SGR, MYS, 46350
Star Media Group Bhd publishes, prints, and distributes newspapers and advertisements in print and electronic media. The company operates in three reportable segments: Print, digital and events which is engaged in the publication and distribution of newspapers, magazines, and electronic media and online portal and provision of event organizing management; Broadcasting which operates wireless broadcasting stations; and the Property development and investment segment which develops commercial properties and invests in real estate. The majority of the company's revenue is generated from the Print, digital and events segment. Geographically, the company derives its key revenue from Malaysia and the rest from Singapore, Ireland, Indonesia, Dubai, the United States of America, and other regions.

Star Media Group Bhd Headlines

No Headlines