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Jerasia Capital Bhd (XKLS:8931) Interest Coverage : 0 (At Loss) (As of Feb. 2023)


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What is Jerasia Capital 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. Jerasia Capital Bhd's Operating Income for the three months ended in Feb. 2023 was RM-1.45 Mil. Jerasia Capital Bhd's Interest Expense for the three months ended in Feb. 2023 was RM-0.05 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


XKLS:8931's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.245
* Ranked among companies with meaningful Interest Coverage only.

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


Jerasia Capital Bhd Interest Coverage Historical Data

The historical data trend for Jerasia Capital 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.

Jerasia Capital Bhd Interest Coverage Chart

Jerasia Capital Bhd Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 1.13 1.44 1.29 -

Jerasia Capital Bhd Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Feb23
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 - - - - -

Competitive Comparison of Jerasia Capital Bhd's Interest Coverage

For the Apparel Manufacturing subindustry, Jerasia Capital 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.


Jerasia Capital Bhd's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jerasia Capital Bhd's Interest Coverage distribution charts can be found below:

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



Jerasia Capital 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.

Jerasia Capital Bhd's Interest Coverage for the fiscal year that ended in Jun. 2020 is calculated as

Here, for the fiscal year that ended in Jun. 2020, Jerasia Capital Bhd's Interest Expense was RM-4.71 Mil. Its Operating Income was RM-55.42 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Jerasia Capital Bhd did not have earnings to cover the interest expense.

Jerasia Capital Bhd's Interest Coverage for the quarter that ended in Feb. 2023 is calculated as

Here, for the three months ended in Feb. 2023, Jerasia Capital Bhd's Interest Expense was RM-0.05 Mil. Its Operating Income was RM-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Jerasia Capital 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.


Jerasia Capital Bhd  (XKLS:8931) 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 .


Jerasia Capital Bhd Interest Coverage Related Terms

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


Jerasia Capital Bhd (XKLS:8931) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cheras, Numbers 2-8, Lorong 6E/91, Taman Shamelin Perkasa, Wilayah Persekutuan, Batu 31/2, Kuala Lumpur, MYS, 56100
Jerasia Capital Bhd through its subsidiaries is engaged in the manufacturing and exporting of fashion apparel and accessories. The business activity of the group is operated through Garment Manufacturing, Retail and Others segments. The Garment manufacturing segments include the manufacture and export of fashion apparel and accessories. The Retail segment involves retailing of fashion apparel and accessories and the Other segment consists of investments and dormant companies. Geographically all the operation are functioned through the region of Malaysia, however, it also has the presence across the region of USA, Europe, Singapore, and Japan. Jerasia Capital derives the majority of revenue from export of apparel and accessories.

Jerasia Capital Bhd (XKLS:8931) Headlines

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