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Rapid Synergy Bhd (XKLS:7765) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Rapid Synergy 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. Rapid Synergy Bhd's Operating Income for the three months ended in Dec. 2024 was RM-0.99 Mil. Rapid Synergy Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-1.29 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Rapid Synergy Bhd interest coverage is 2, which is low.

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

XKLS:7765' s Interest Coverage Range Over the Past 10 Years
Min: 0.96   Med: 1.63   Max: 2.34
Current: 2


XKLS:7765's Interest Coverage is ranked worse than
87.34% of 624 companies
in the Semiconductors industry
Industry Median: 18.095 vs XKLS:7765: 2.00

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


Rapid Synergy Bhd Interest Coverage Historical Data

The historical data trend for Rapid Synergy 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.

Rapid Synergy Bhd Interest Coverage Chart

Rapid Synergy Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.63 1.75 1.73 2.04

Rapid Synergy Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.60 0.26 8.19 - -

Competitive Comparison of Rapid Synergy Bhd's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, Rapid Synergy 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.


Rapid Synergy Bhd's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Rapid Synergy Bhd's Interest Coverage distribution charts can be found below:

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


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Rapid Synergy 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.

Rapid Synergy 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, Rapid Synergy Bhd's Interest Expense was RM-9.14 Mil. Its Operating Income was RM18.60 Mil. And its Long-Term Debt & Capital Lease Obligation was RM62.59 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*18.603/-9.137
=2.04

Rapid Synergy Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Rapid Synergy Bhd's Interest Expense was RM-1.29 Mil. Its Operating Income was RM-0.99 Mil. And its Long-Term Debt & Capital Lease Obligation was RM35.42 Mil.

Rapid Synergy 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.


Rapid Synergy Bhd  (XKLS:7765) 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 .


Rapid Synergy Bhd Interest Coverage Related Terms

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


Rapid Synergy Bhd Business Description

Traded in Other Exchanges
N/A
Address
161 Jalan Sungai Keluang, Bayan Lepas FIZ, Phase I, Bayan Lepas, PNG, MYS, 11900
Rapid Synergy Bhd is a Malaysia-based investment holding company. Along with its subsidiaries, the group is engaged in the segments of Investment holding and Precision Tooling. The Precision tools segment engages in the manufacturing of precision tools, dies, and moulds for the semiconductor, electrical and electronics industries. It offers integrated circuits and lens moulds, spare parts, and trim and form parts. The Investment holding segment involves investment in properties and shares and letting of properties. It operates in Malaysia.

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