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Tomypak Holdings Bhd (XKLS:7285) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Tomypak Holdings 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. Tomypak Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM-1.5 Mil. Tomypak Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-1.9 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 Tomypak Holdings Bhd's Interest Coverage or its related term are showing as below:

XKLS:7285' s Interest Coverage Range Over the Past 10 Years
Min: 0.8   Med: 19.55   Max: 84.36
Current: 6.31


XKLS:7285's Interest Coverage is ranked worse than
50.16% of 321 companies
in the Packaging & Containers industry
Industry Median: 6.31 vs XKLS:7285: 6.31

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


Tomypak Holdings Bhd Interest Coverage Historical Data

The historical data trend for Tomypak Holdings 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.

Tomypak Holdings Bhd Interest Coverage Chart

Tomypak Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.45 - - 0.80 34.71

Tomypak Holdings Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 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 15.62 74.34 - - -

Competitive Comparison of Tomypak Holdings Bhd's Interest Coverage

For the Packaging & Containers subindustry, Tomypak Holdings 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.


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

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

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



Tomypak Holdings 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.

Tomypak Holdings Bhd's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Tomypak Holdings Bhd's Interest Expense was RM-2.5 Mil. Its Operating Income was RM87.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM9.5 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*87.19/-2.512
=34.71

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

Here, for the three months ended in Mar. 2024, Tomypak Holdings Bhd's Interest Expense was RM-1.9 Mil. Its Operating Income was RM-1.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM81.0 Mil.

Tomypak Holdings 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.


Tomypak Holdings Bhd  (XKLS:7285) 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 .


Tomypak Holdings Bhd Interest Coverage Related Terms

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


Tomypak Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
No.11, Jalan Tahana, Kawasan Perindustrian Tampoi, Johor Bahru, JHR, MYS, 80350
Tomypak Holdings Bhd is a manufacturer and seller of flexible packaging materials, polyethylene, polypropylene films and sheets. The group's operation is divided into local and export market. The local market relates to sales to customers within Malaysia. The export market relates to sales to overseas customers with South East Asia being the principal market segment. Its product includes Premium packaging, used for packaging powdered beverage, High barrier metalized packaging for packaging seasoning and powdered beverage, Hot fill packaging, for packaging mayonnaise and sauces, General packaging, used for packaging confectionery, instant noodles and snacks, and Specialty used for packaging pet food and detergent.

Tomypak Holdings Bhd Headlines

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