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Eden Bhd (XKLS:7471) Interest Coverage : 13.31 (As of Sep. 2024)


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What is Eden 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. Eden Bhd's Operating Income for the three months ended in Sep. 2024 was RM3.4 Mil. Eden Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-0.3 Mil. Eden Bhd's interest coverage for the quarter that ended in Sep. 2024 was 13.31. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:7471' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 0.96   Max: 0.96
Current: 0.23


XKLS:7471's Interest Coverage is ranked worse than
95.82% of 407 companies
in the Conglomerates industry
Industry Median: 4.7 vs XKLS:7471: 0.23

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


Eden Bhd Interest Coverage Historical Data

The historical data trend for Eden 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.

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Eden Bhd Interest Coverage Chart

Eden Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.96 - -

Eden Bhd Quarterly Data
Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.64 3.47 5.48 - 13.31

Competitive Comparison of Eden Bhd's Interest Coverage

For the Conglomerates subindustry, Eden 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.


Eden Bhd's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Eden Bhd's Interest Coverage distribution charts can be found below:

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



Eden 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.

Eden Bhd's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Eden Bhd's Interest Expense was RM-1.3 Mil. Its Operating Income was RM-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM6.4 Mil.

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

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

Here, for the three months ended in Sep. 2024, Eden Bhd's Interest Expense was RM-0.3 Mil. Its Operating Income was RM3.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM4.9 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*3.433/-0.258
=13.31

* 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.


Eden Bhd  (XKLS:7471) 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 .


Eden Bhd Interest Coverage Related Terms

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


Eden Bhd Business Description

Traded in Other Exchanges
N/A
Address
18, Jalan Persiaran Barat, Off Jalan Timur, 15th Floor, Amcorp Tower, Amcorp Trade Centre, Petaling Jaya, SGR, MYS, 46050
Eden Inc Bhd operates as an investment holding company, which engages in the provision of management services. It operates through the following segments: Energy; Food, beverage, Manufacturing, and others. The Energy components segment operates power plants. Its Food, beverage, and tourism segment operate restaurants, catering, operating aquarium, and related activities. The Manufacturing segment produces and manufactures electrical and engineering parts. A vast majority of the revenue is generated from the Energy segment.

Eden Bhd Headlines

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