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Dufu Technology Bhd (XKLS:7233) Interest Coverage : 14.00 (As of Mar. 2024)


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What is Dufu Technology 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. Dufu Technology Bhd's Operating Income for the three months ended in Mar. 2024 was RM7.4 Mil. Dufu Technology Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.5 Mil. Dufu Technology Bhd's interest coverage for the quarter that ended in Mar. 2024 was 14.00. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:7233' s Interest Coverage Range Over the Past 10 Years
Min: 12.47   Med: 170.45   Max: 666.4
Current: 134.03


XKLS:7233's Interest Coverage is ranked better than
83.3% of 2294 companies
in the Industrial Products industry
Industry Median: 13.775 vs XKLS:7233: 134.03

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


Dufu Technology Bhd Interest Coverage Historical Data

The historical data trend for Dufu Technology 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.

Dufu Technology Bhd Interest Coverage Chart

Dufu Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.27 207.65 542.43 666.40 366.36

Dufu Technology Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 101.29 55.83 704.13 - 14.00

Competitive Comparison of Dufu Technology Bhd's Interest Coverage

For the Metal Fabrication subindustry, Dufu Technology 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.


Dufu Technology Bhd's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dufu Technology Bhd's Interest Coverage distribution charts can be found below:

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



Dufu Technology 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.

Dufu Technology Bhd's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Dufu Technology Bhd's Interest Expense was RM-0.3 Mil. Its Operating Income was RM93.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM42.2 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*93.421/-0.255
=366.36

Dufu Technology Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Dufu Technology Bhd's Interest Expense was RM-0.5 Mil. Its Operating Income was RM7.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM60.2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*7.446/-0.532
=14.00

* 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.


Dufu Technology Bhd  (XKLS:7233) 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 .


Dufu Technology Bhd Interest Coverage Related Terms

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


Dufu Technology Bhd (XKLS:7233) Business Description

Traded in Other Exchanges
N/A
Address
Plot 19, Hilir Sungai Keluang 2, Taman Perindustrian Bayan Lepas, Phase IV, Bayan Lepas, PNG, MYS, 11900
Dufu Technology Corp Bhd is engaged in the manufacture and sale of industrial products, and trading of computer disk-drive and related components. It is involved in the design, development, manufacture, assembly, and trade of die components, and precision machining of vice, computer peripherals, and parts for hard disk drives. Its product portfolio consists of precision turning products, precision machining products, metal stamping, sheet metal fabrication, tool and die fabrication, and plastic components. The company serves HDD, industrial safety and sensor, telecommunication, computer, and consumer electronics industries. Geographically it generates the majority of its revenue from Thailand.

Dufu Technology Bhd (XKLS:7233) Headlines

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