WCT Holdings Bhd (XKLS:9679) Interest Coverage : 1.13 (As of Mar. 2025)

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What is WCT Holdings 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. WCT Holdings Bhd's Operating Income for the three months ended in Mar. 2025 was RM52 Mil. WCT Holdings Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-46 Mil. WCT Holdings Bhd's interest coverage for the quarter that ended in Mar. 2025 was 1.13. 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. WCT Holdings 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 WCT Holdings Bhd's Interest Coverage or its related term are showing as below:

XKLS:9679' s Interest Coverage Range Over the Past 10 Years
Min: 0.46 Med: 2.16 Max: 5.09
Current: 0.97

XKLS:9679's Interest Coverage is ranked worse than
92.01% of 1327 companies
in the Construction industry
Industry Median: 7.24 vs XKLS:9679: 0.97

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

WCT Holdings Bhd Interest Coverage Historical Data

The historical data trend for WCT Holdings 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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WCT Holdings Bhd Interest Coverage Chart

WCT Holdings Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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0.46

3.03

0.95

0.73

WCT Holdings 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															1.35	1.12	1.12	0.54	1.13

Competitive Comparison of WCT Holdings Bhd's Interest Coverage

For the Engineering & Construction subindustry, WCT Holdings 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.

WCT Holdings Bhd's Interest Coverage Distribution in the Construction Industry

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

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

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WCT Holdings 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.

WCT Holdings Bhd's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, WCT Holdings Bhd's Interest Expense was RM-158 Mil. Its Operating Income was RM115 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,049 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	115.404	/	-158.031
	=	0.73

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

Here, for the three months ended in Mar. 2025, WCT Holdings Bhd's Interest Expense was RM-46 Mil. Its Operating Income was RM52 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1,255 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	51.951	/	-45.834
	=	1.13

The higher the ratio, the stronger the company's Financial Strength is.

WCT Holdings Bhd (XKLS:9679) 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 .

WCT Holdings Bhd Interest Coverage Related Terms

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

WCT Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WCT Holdings Bhd (XKLS:9679) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan SS7/26A, B-30-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.wct.com.my

WCT Holdings Bhd is an investment holding company that provides management services to subsidiaries, joint ventures, and associates. Along with its subsidiaries, the company operates in three business segments; the Engineering and Construction segment includes engineering works specializing in earthworks, highway construction, and related infrastructure works; the Property Development segment includes the development of residential and commercial properties; and the Property Investment and Management segment includes holding and management of assets for capital appreciation and rental income. Maximum revenue is generated from the Engineering and Construction segment. Geographically, the group generates maximum revenue from Malaysia, followed by the Middle East, India, and other regions.

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