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Astro Malaysia Holdings Bhd (XKLS:6399) Interest Coverage : 1.17 (As of Oct. 2024)


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What is Astro Malaysia Holdings 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. Astro Malaysia Holdings Bhd's Operating Income for the three months ended in Oct. 2024 was RM55 Mil. Astro Malaysia Holdings Bhd's Interest Expense for the three months ended in Oct. 2024 was RM-47 Mil. Astro Malaysia Holdings Bhd's interest coverage for the quarter that ended in Oct. 2024 was 1.17. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Astro Malaysia Holdings Bhd interest coverage is 1.5, which is low.

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

XKLS:6399' s Interest Coverage Range Over the Past 10 Years
Min: 1.5   Med: 4.7   Max: 5.45
Current: 1.5


XKLS:6399's Interest Coverage is ranked worse than
87.01% of 608 companies
in the Media - Diversified industry
Industry Median: 11.835 vs XKLS:6399: 1.50

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


Astro Malaysia Holdings Bhd Interest Coverage Historical Data

The historical data trend for Astro Malaysia Holdings 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.

Astro Malaysia Holdings Bhd Interest Coverage Chart

Astro Malaysia Holdings Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.82 4.37 4.99 3.03 1.90

Astro Malaysia Holdings Bhd Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.29 1.64 1.58 1.59 1.17

Competitive Comparison of Astro Malaysia Holdings Bhd's Interest Coverage

For the Entertainment subindustry, Astro Malaysia Holdings 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.


Astro Malaysia Holdings Bhd's Interest Coverage Distribution in the Media - Diversified Industry

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

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



Astro Malaysia Holdings 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.

Astro Malaysia Holdings Bhd's Interest Coverage for the fiscal year that ended in Jan. 2024 is calculated as

Here, for the fiscal year that ended in Jan. 2024, Astro Malaysia Holdings Bhd's Interest Expense was RM-202 Mil. Its Operating Income was RM384 Mil. And its Long-Term Debt & Capital Lease Obligation was RM3,168 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2024 )/Interest Expense (A: Jan. 2024 )
=-1*383.806/-202.036
=1.90

Astro Malaysia Holdings Bhd's Interest Coverage for the quarter that ended in Oct. 2024 is calculated as

Here, for the three months ended in Oct. 2024, Astro Malaysia Holdings Bhd's Interest Expense was RM-47 Mil. Its Operating Income was RM55 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2,879 Mil.

Interest Coverage=-1* Operating Income (Q: Oct. 2024 )/Interest Expense (Q: Oct. 2024 )
=-1*55.4/-47.3
=1.17

* 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.


Astro Malaysia Holdings Bhd  (XKLS:6399) 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 .


Astro Malaysia Holdings Bhd Interest Coverage Related Terms

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


Astro Malaysia Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lebuhraya Puchong-Sungai Besi, Technology Park Malaysia, All Asia Broadcast Centre, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Astro Malaysia Holdings Bhd is an entertainment holding company operating in the diversified media industry. The company's business segments include Television, Radio, and others. The Television segment provides content, creation, and aggregation of media. Additionally, it provides magazine publication and distribution. The radio segment provides radio broadcasting services to customers. The company generates the majority of its revenue in Malaysia.

Astro Malaysia Holdings Bhd Headlines

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