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RCE Capital Bhd (XKLS:9296) Interest Coverage : N/A (As of Dec. 2023)


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What is RCE 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. RCE Capital Bhd's Operating Income for the three months ended in Dec. 2023 was RM42.7 Mil. RCE Capital Bhd's Interest Expense for the three months ended in Dec. 2023 was RM0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:9296' s Interest Coverage Range Over the Past 10 Years
Min: 102.69   Med: 768.15   Max: 1682.02
Current: 1394.74


XKLS:9296's Interest Coverage is ranked better than
58.54% of 164 companies
in the Credit Services industry
Industry Median: 65.845 vs XKLS:9296: 1394.74

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


RCE Capital Bhd Interest Coverage Historical Data

The historical data trend for RCE 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.

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RCE Capital Bhd Interest Coverage Chart

RCE Capital Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 1,682.02 611.06 768.15 931.44

RCE Capital Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 740.60 2,648.31 873.06 809.07 N/A

Competitive Comparison of RCE Capital Bhd's Interest Coverage

For the Credit Services subindustry, RCE 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.


RCE Capital Bhd's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, RCE Capital Bhd's Interest Coverage distribution charts can be found below:

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



RCE 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.

RCE Capital Bhd's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, RCE Capital Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM174.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,311.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*174.18/-0.187
=931.44

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

Here, for the three months ended in Dec. 2023, RCE Capital Bhd's Interest Expense was RM0.0 Mil. Its Operating Income was RM42.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,269.4 Mil.

GuruFocus does not calculate RCE Capital Bhd's interest coverage with the available data.

* 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.


RCE Capital Bhd  (XKLS:9296) 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 .


RCE Capital Bhd Interest Coverage Related Terms

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


RCE Capital Bhd (XKLS:9296) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Lumut, 20th Floor, Menara Teo Chew, Kuala Lumpur, MYS, 50400
RCE Capital Bhd is engaged in the business of investment holding and the provision of management services. Its core business operations include the delivery of shariah-compliant financing services to civil servants with the aim of generating sustainable returns to stakeholders.

RCE Capital Bhd (XKLS:9296) Headlines

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