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Leader Steel Holdings Bhd (XKLS:9881) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Leader Steel 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. Leader Steel Holdings Bhd's Operating Income for the three months ended in Mar. 2025 was RM-2.4 Mil. Leader Steel Holdings Bhd's Interest Expense for the three months ended in Mar. 2025 was RM-0.4 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 Leader Steel Holdings Bhd's Interest Coverage or its related term are showing as below:


XKLS:9881's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 5.195
* 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.


Leader Steel Holdings Bhd Interest Coverage Historical Data

The historical data trend for Leader Steel 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.

* Premium members only.

Leader Steel Holdings Bhd Interest Coverage Chart

Leader Steel Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 18.84 0.95 1.73 -

Leader Steel 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 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 Leader Steel Holdings Bhd's Interest Coverage

For the Steel subindustry, Leader Steel 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.


Leader Steel Holdings Bhd's Interest Coverage Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Leader Steel Holdings Bhd's Interest Coverage distribution charts can be found below:

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


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Leader Steel 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.

Leader Steel 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, Leader Steel Holdings Bhd's Interest Expense was RM-2.1 Mil. Its Operating Income was RM-13.1 Mil. And its Long-Term Debt & Capital Lease Obligation was RM20.9 Mil.

Leader Steel Holdings Bhd did not have earnings to cover the interest expense.

Leader Steel 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, Leader Steel Holdings Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM-2.4 Mil. And its Long-Term Debt & Capital Lease Obligation was RM20.1 Mil.

Leader Steel Holdings 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.


Leader Steel Holdings Bhd  (XKLS:9881) 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 .


Leader Steel Holdings Bhd Interest Coverage Related Terms

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


Leader Steel Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Wisma Leader Steel, Plot 85, Lorong Perusahaan Utama, Kawasan Perusahaan Bukit Tengah, Bukit Tengah, Seberang Prai Tengah, PNG, MYS, 14000
Leader Steel Holdings Bhd is an investment holding company. It is engaged in the business segment of Manufacturing, processing, and trading of steel and metal products and minerals. The group's steel and metal products include steel pipes and tubes, hollow sections, and steel flat bar, whereas the minerals include iron ore, manganese, mill scales, and slags. The company has two segments: the Steel segment and the Mineral segment. The company generates the majority of its revenue from the steel segment, which is engaged in the manufacturing and distribution of steel products. Geographically, the company operates in Malaysia, China, Hong Kong, Macau, the United Kingdom, and other countries, of which key revenue is generated from Malaysia.

Leader Steel Holdings Bhd Headlines

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