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SCGM Bhd (XKLS:7247) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is SCGM 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. SCGM Bhd's Operating Income for the three months ended in Mar. 2024 was RM-0.33 Mil. SCGM Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.05 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:7247's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.94
* Ranked among companies with meaningful Interest Coverage only.

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


SCGM Bhd Interest Coverage Historical Data

The historical data trend for SCGM 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.

SCGM Bhd Interest Coverage Chart

SCGM Bhd Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.21 0.71 4.05 12.90 N/A

SCGM Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 177.96 - 2.31 6.38 -

Competitive Comparison of SCGM Bhd's Interest Coverage

For the Packaging & Containers subindustry, SCGM 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.


SCGM Bhd's Interest Coverage Distribution in the Packaging & Containers Industry

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

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



SCGM 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.

SCGM Bhd's Interest Coverage for the fiscal year that ended in Apr. 2022 is calculated as

Here, for the fiscal year that ended in Apr. 2022, SCGM Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation was RM31.00 Mil.

GuruFocus does not calculate SCGM Bhd's interest coverage with the available data.

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

Here, for the three months ended in Mar. 2024, SCGM Bhd's Interest Expense was RM-0.05 Mil. Its Operating Income was RM-0.33 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

SCGM Bhd did not have earnings to cover the interest expense.

* 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.


SCGM Bhd  (XKLS:7247) 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 .


SCGM Bhd Interest Coverage Related Terms

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


SCGM Bhd (XKLS:7247) Business Description

Traded in Other Exchanges
N/A
Address
PTD 109444, Jalan Sengkang, Kawasan Perusahaan Sri Sengkang, Johor Darul, Takzim, Kulai, JHR, MYS, 81000
SCGM Bhd is an investment holding company. The company's business segments are Manufacturing and Investment holding. The Manufacturing segment of the company is engaged in the manufacturing and finished plastic products, other articles of paper, paperboards, and plastic articles for the packing of goods. The company derives the majority of its revenue from the Investment holding segment. The predominantly operates in Malaysia.

SCGM Bhd (XKLS:7247) Headlines

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