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JKG Land Bhd (XKLS:6769) Interest Coverage : 0 (At Loss) (As of Jan. 2025)


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What is JKG Land 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. JKG Land Bhd's Operating Income for the three months ended in Jan. 2025 was RM16.0 Mil. JKG Land Bhd's Interest Expense for the three months ended in Jan. 2025 was RM1.9 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:6769' s Interest Coverage Range Over the Past 10 Years
Min: 1.03   Med: 5.47   Max: 8.77
Current: 7.96


XKLS:6769's Interest Coverage is ranked better than
66.26% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs XKLS:6769: 7.96

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


JKG Land Bhd Interest Coverage Historical Data

The historical data trend for JKG Land 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.

JKG Land Bhd Interest Coverage Chart

JKG Land Bhd Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 8.77 5.73 3.52 7.96

JKG Land Bhd Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 31.81 4.15 7.66 2.68 -

Competitive Comparison of JKG Land Bhd's Interest Coverage

For the Real Estate - Development subindustry, JKG Land 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.


JKG Land Bhd's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, JKG Land Bhd's Interest Coverage distribution charts can be found below:

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


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JKG Land 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.

JKG Land Bhd's Interest Coverage for the fiscal year that ended in Jan. 2025 is calculated as

Here, for the fiscal year that ended in Jan. 2025, JKG Land Bhd's Interest Expense was RM-8.1 Mil. Its Operating Income was RM64.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM220.9 Mil.

Interest Coverage=-1* Operating Income (A: Jan. 2025 )/Interest Expense (A: Jan. 2025 )
=-1*64.15/-8.064
=7.96

JKG Land Bhd's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, JKG Land Bhd's Interest Expense was RM1.9 Mil. Its Operating Income was RM16.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM220.9 Mil.

* 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.


JKG Land Bhd  (XKLS:6769) 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 .


JKG Land Bhd Interest Coverage Related Terms

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


JKG Land Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 282, Jalan Raja Laut, 29th Floor, Menara JKG, Kuala Lumpur, SGR, MYS, 50350
JKG Land Bhd is a Malaysia-based company engaged in the real estate business. The business activity of the group is operated through property development; cultivation of oil palm; and Other segments. Its property development segment is engaged in the development of residential and commercial properties. The cultivation of the oil palm segment is engaged in the cultivation and sale of oil palm fruits. Other segments comprise operations related to investment holding and others. It derives maximum revenue from the property development segment. Geographically, it operates only in Malaysia.

JKG Land Bhd Headlines

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