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PLB Engineering Bhd (XKLS:7055) Interest Coverage : 0.04 (As of Feb. 2025)


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What is PLB Engineering 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. PLB Engineering Bhd's Operating Income for the three months ended in Feb. 2025 was RM0.1 Mil. PLB Engineering Bhd's Interest Expense for the three months ended in Feb. 2025 was RM-1.8 Mil. PLB Engineering Bhd's interest coverage for the quarter that ended in Feb. 2025 was 0.04. 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. PLB Engineering Bhd interest coverage is 1.32, which is low.

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

XKLS:7055' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 1.58   Max: 2.12
Current: 1.32


XKLS:7055's Interest Coverage is ranked worse than
88.22% of 1324 companies
in the Construction industry
Industry Median: 7.28 vs XKLS:7055: 1.32

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


PLB Engineering Bhd Interest Coverage Historical Data

The historical data trend for PLB Engineering 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.

PLB Engineering Bhd Interest Coverage Chart

PLB Engineering Bhd Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 1.59 1.94 - 1.25

PLB Engineering Bhd Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 1.97 0.90 1.54 0.29 0.04

Competitive Comparison of PLB Engineering Bhd's Interest Coverage

For the Engineering & Construction subindustry, PLB Engineering 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.


PLB Engineering Bhd's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, PLB Engineering Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where PLB Engineering Bhd's Interest Coverage falls into.


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PLB Engineering 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.

PLB Engineering Bhd's Interest Coverage for the fiscal year that ended in Aug. 2024 is calculated as

Here, for the fiscal year that ended in Aug. 2024, PLB Engineering Bhd's Interest Expense was RM-18.5 Mil. Its Operating Income was RM23.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM112.0 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2024 )/Interest Expense (A: Aug. 2024 )
=-1*23.02/-18.474
=1.25

PLB Engineering Bhd's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, PLB Engineering Bhd's Interest Expense was RM-1.8 Mil. Its Operating Income was RM0.1 Mil. And its Long-Term Debt & Capital Lease Obligation was RM96.9 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2025 )/Interest Expense (Q: Feb. 2025 )
=-1*0.073/-1.816
=0.04

* 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.


PLB Engineering Bhd  (XKLS:7055) 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 .


PLB Engineering Bhd Interest Coverage Related Terms

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


PLB Engineering Bhd Business Description

Traded in Other Exchanges
N/A
Address
1320, Jalan Baru, Taman Chai Leng, Perai, PNG, MYS, 13700
PLB Engineering Bhd is a Malaysia-based firm engaged in property development, construction, and related services. The company operates in four segments: Construction which involves the construction of industrial, residential, and commercial building and renovation work segment; Property development which comprises housing and property development; Investment holding which includes investment holding and property letting; and Solar energy segment comprises of generation of electricity from the solar plant. The majority of its revenue comes from the Construction Segment.

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