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SMIS Bhd (XKLS:7132) Interest Coverage : 7.61 (As of Mar. 2025)


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What is SMIS 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. SMIS Bhd's Operating Income for the three months ended in Mar. 2025 was RM0.9 Mil. SMIS Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.1 Mil. SMIS Bhd's interest coverage for the quarter that ended in Mar. 2025 was 7.61. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:7132' s Interest Coverage Range Over the Past 10 Years
Min: 2.08   Med: 11.24   Max: 41.7
Current: 15.64


XKLS:7132's Interest Coverage is ranked better than
63.24% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs XKLS:7132: 15.64

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


SMIS Bhd Interest Coverage Historical Data

The historical data trend for SMIS 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.

SMIS Bhd Interest Coverage Chart

SMIS 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 - - 41.70 15.57 33.14

SMIS Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 83.79 52.43 33.34 - 7.61

Competitive Comparison of SMIS Bhd's Interest Coverage

For the Auto Parts subindustry, SMIS 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.


SMIS Bhd's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SMIS Bhd's Interest Coverage distribution charts can be found below:

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


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SMIS 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.

SMIS 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, SMIS Bhd's Interest Expense was RM-0.3 Mil. Its Operating Income was RM9.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*8.981/-0.271
=33.14

SMIS Bhd's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, SMIS Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM0.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.89/-0.117
=7.61

* 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.


SMIS Bhd  (XKLS:7132) 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 .


SMIS Bhd Interest Coverage Related Terms

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


SMIS Bhd Business Description

Traded in Other Exchanges
N/A
Address
Seksyen U1, Hicom Glenmarie Industrial Park, Lot 3, Jalan Pemaju U1/15, Shah Alam, SGR, MYS, 40150
SMIS Corp Bhd is engaged in manufacturing and trading of carpet of all descriptions, automotive braking components and motorcycle components with a lesser portion of business generated from trading of industrial spares. Its products are supplied to Malaysia, Indonesia and Thailand. Business from the industrial spares and braking components are supplied out of Malaysia whilst automotive carpets are supplied from Malaysia and Indonesia. Its segments include Automotive parts, which derives the majority of the revenue, engaged in manufacturing and trading of carpet of all descriptions and manufacturing of automotive braking components and motorcycle components; Machinery parts engaged in trading of machinery and industrial parts supplies; and Others, engaged in investment holding and dormants.

SMIS Bhd Headlines

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