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


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What is Ajiya 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. Ajiya Bhd's Operating Income for the three months ended in Mar. 2025 was RM4.4 Mil. Ajiya Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.2 Mil. Ajiya Bhd's interest coverage for the quarter that ended in Mar. 2025 was 24.44. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ajiya Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:7609' s Interest Coverage Range Over the Past 10 Years
Min: 14.51   Med: 28.58   Max: 215.23
Current: 108.73


XKLS:7609's Interest Coverage is ranked better than
86.02% of 1323 companies
in the Construction industry
Industry Median: 7.26 vs XKLS:7609: 108.73

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 Interest Coverage Historical Data

The historical data trend for Ajiya 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.

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 Premium Member Only Premium Member Only - - 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 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 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.


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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

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.

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.

Interest Coverage=-1* Operating Income (A: Nov. 2023 )/Interest Expense (A: Nov. 2023 )
=-1*4.949/-0.168
=29.46

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.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*4.351/-0.178
=24.44

* 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

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


Ajiya Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000
Ajiya Bhd is a investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Roll-forming which comprises manufacturing of metal roofing system, metal frame products, tile effect products, architectural products, light-weight channel products; and Safety Glass category which comprises of tempered, heat strengthened, decorative, laminated, insulated and other safety glass product. While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.

Ajiya Bhd Headlines

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