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Ekovest Bhd (XKLS:8877) Interest Coverage : 1.05 (As of Mar. 2025)


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What is Ekovest 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. Ekovest Bhd's Operating Income for the three months ended in Mar. 2025 was RM115 Mil. Ekovest Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-110 Mil. Ekovest Bhd's interest coverage for the quarter that ended in Mar. 2025 was 1.05. 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. Ekovest Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

XKLS:8877' s Interest Coverage Range Over the Past 10 Years
Min: 0.72   Med: 1.15   Max: 1.46
Current: 0.72


XKLS:8877's Interest Coverage is ranked worse than
94.57% of 1327 companies
in the Construction industry
Industry Median: 7.24 vs XKLS:8877: 0.72

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


Ekovest Bhd Interest Coverage Historical Data

The historical data trend for Ekovest 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.

Ekovest Bhd Interest Coverage Chart

Ekovest Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 1.23 0.80 1.07 0.83

Ekovest Bhd Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 1.01 0.61 0.74 0.47 1.05

Competitive Comparison of Ekovest Bhd's Interest Coverage

For the Engineering & Construction subindustry, Ekovest 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.


Ekovest Bhd's Interest Coverage Distribution in the Construction Industry

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

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


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Ekovest 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.

Ekovest 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, Ekovest Bhd's Interest Expense was RM-359 Mil. Its Operating Income was RM297 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5,624 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*297.1/-359.392
=0.83

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

Here, for the three months ended in Mar. 2025, Ekovest Bhd's Interest Expense was RM-110 Mil. Its Operating Income was RM115 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5,502 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*114.858/-109.853
=1.05

* 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.


Ekovest Bhd  (XKLS:8877) 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 .


Ekovest Bhd Interest Coverage Related Terms

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


Ekovest Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000
Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are carried out in Malaysia with the majority of the revenue generated from Construction operations.

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