Ajiya Bhd (XKLS:7609) Interest Coverage : 24.44 (As of Mar. 2025)

Ajiya Bhd Interest Coverage Chart

Ajiya Bhd Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Interest Coverage		Get a 7-Day Free Trial					-	-	215.23	26.43	29.46

Ajiya Bhd Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Mar25
Interest Coverage	Get a 7-Day Free Trial															143.04	232.06	548.68	103.00	24.44

Competitive Comparison of Ajiya Bhd's Interest Coverage

For the Building Products & Equipment subindustry, Ajiya 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.

Ajiya Bhd's Interest Coverage Distribution in the Construction Industry

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

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

Ajiya 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Ajiya Bhd's Interest Coverage for the fiscal year that ended in Nov. 2023 is calculated as

Here, for the fiscal year that ended in Nov. 2023, Ajiya Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM4.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.4 Mil.

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

Here, for the three months ended in Mar. 2025, Ajiya Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM4.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.2 Mil.

* 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.

Ajiya Bhd  (XKLS:7609) 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 .

Ajiya Bhd Interest Coverage Related Terms

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Ajiya Bhd Business Description