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Padiberas Nasional Bhd (XKLS:6866) Interest Coverage : 3.80 (As of Sep. 2013)


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What is Padiberas Nasional 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. Padiberas Nasional Bhd's Operating Income for the three months ended in Sep. 2013 was RM52 Mil. Padiberas Nasional Bhd's Interest Expense for the three months ended in Sep. 2013 was RM-14 Mil. Padiberas Nasional Bhd's interest coverage for the quarter that ended in Sep. 2013 was 3.80. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:6866' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.79
Current: 3.79


XKLS:6866's Interest Coverage is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 8.59 vs XKLS:6866: 3.79

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


Padiberas Nasional Bhd Interest Coverage Historical Data

The historical data trend for Padiberas Nasional 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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Padiberas Nasional Bhd Interest Coverage Chart

Padiberas Nasional Bhd Annual Data
Trend Dec10 Dec11 Dec12
Interest Coverage
N/A 4.72 3.47

Padiberas Nasional Bhd Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Interest Coverage Get a 7-Day Free Trial 1.79 3.67 4.21 3.48 3.80

Competitive Comparison of Padiberas Nasional Bhd's Interest Coverage

For the Farm Products subindustry, Padiberas Nasional 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.


Padiberas Nasional Bhd's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Padiberas Nasional Bhd's Interest Coverage distribution charts can be found below:

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



Padiberas Nasional 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.

Padiberas Nasional Bhd's Interest Coverage for the fiscal year that ended in Dec. 2012 is calculated as

Here, for the fiscal year that ended in Dec. 2012, Padiberas Nasional Bhd's Interest Expense was RM-59 Mil. Its Operating Income was RM203 Mil. And its Long-Term Debt & Capital Lease Obligation was RM771 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2012 )/Interest Expense (A: Dec. 2012 )
=-1*202.87/-58.502
=3.47

Padiberas Nasional Bhd's Interest Coverage for the quarter that ended in Sep. 2013 is calculated as

Here, for the three months ended in Sep. 2013, Padiberas Nasional Bhd's Interest Expense was RM-14 Mil. Its Operating Income was RM52 Mil. And its Long-Term Debt & Capital Lease Obligation was RM768 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2013 )/Interest Expense (Q: Sep. 2013 )
=-1*51.837/-13.651
=3.80

* 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.


Padiberas Nasional Bhd  (XKLS:6866) 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 .


Padiberas Nasional Bhd Interest Coverage Related Terms

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


Padiberas Nasional Bhd (XKLS:6866) Business Description

Traded in Other Exchanges
N/A
Address
Padiberas Nasional Bhd is engaged in procuring, collecting, processing, importing, exporting, purchasing, storing, packaging & distribution of rice, paddy & other grains. It involves activities like seed production, R & D of paddy seeds etc.

Padiberas Nasional Bhd (XKLS:6866) Headlines

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