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Master-Pack Group Bhd (XKLS:7029) Interest Coverage : 17.15 (As of Dec. 2024)


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What is Master-Pack 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. Master-Pack Group Bhd's Operating Income for the three months ended in Dec. 2024 was RM1.3 Mil. Master-Pack Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.1 Mil. Master-Pack Group Bhd's interest coverage for the quarter that ended in Dec. 2024 was 17.15. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Master-Pack Group Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:7029' s Interest Coverage Range Over the Past 10 Years
Min: 6.2   Med: 29.93   Max: 102.09
Current: 75.26


XKLS:7029's Interest Coverage is ranked better than
87.19% of 320 companies
in the Packaging & Containers industry
Industry Median: 5.82 vs XKLS:7029: 75.26

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


Master-Pack Group Bhd Interest Coverage Historical Data

The historical data trend for Master-Pack 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.

Master-Pack Group Bhd Interest Coverage Chart

Master-Pack Group 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 36.51 70.71 102.09 85.14 75.26

Master-Pack Group 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 91.93 110.17 102.77 70.15 17.15

Competitive Comparison of Master-Pack Group Bhd's Interest Coverage

For the Packaging & Containers subindustry, Master-Pack 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.


Master-Pack Group Bhd's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Master-Pack Group Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Master-Pack Group Bhd's Interest Coverage falls into.


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Master-Pack 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.

Master-Pack Group 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, Master-Pack Group Bhd's Interest Expense was RM-0.3 Mil. Its Operating Income was RM22.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.9 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*22.502/-0.299
=75.26

Master-Pack Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Master-Pack Group Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM1.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.9 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1.286/-0.075
=17.15

* 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.


Master-Pack Group Bhd  (XKLS:7029) 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 .


Master-Pack Group Bhd Interest Coverage Related Terms

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


Master-Pack Group Bhd Business Description

Traded in Other Exchanges
N/A
Address
1574, Jalan Bukit Panchor, Seberang Perai Selatan, Nibong Tebal, PNG, MYS, 14300
Master-Pack Group Bhd is an investment holding company. The core activities of the company are the manufacture and sale of corrugated fibreboard cartons and packaging materials. Some of the products are sheet board, slotted type, telescope type, folder type, die-cut products, interior fitments, palletized shipping containers, and other packaging materials. Its customers are from different industries namely Solar Equipment Manufacturers, Electrical and Electronics, Food and Beverages, Automotive, Chemicals, Medical, and others. Geographically, it operates in Malaysia, Vietnam, and other countries, out of which Malaysia generates the highest revenue.

Master-Pack Group Bhd Headlines

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