GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fintec Global Bhd (XKLS:0150) » Definitions » Interest Coverage

Fintec Global Bhd (XKLS:0150) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Fintec Global 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. Fintec Global Bhd's Operating Income for the three months ended in Dec. 2023 was RM-2.41 Mil. Fintec Global Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.00 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 Fintec Global Bhd's Interest Coverage or its related term are showing as below:


XKLS:0150's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 38.09
* 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.


Fintec Global Bhd Interest Coverage Historical Data

The historical data trend for Fintec Global 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.

Fintec Global Bhd Interest Coverage Chart

Fintec Global Bhd Annual Data
Trend Jan14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fintec Global Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 - - - - -

Competitive Comparison of Fintec Global Bhd's Interest Coverage

For the Asset Management subindustry, Fintec Global 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.


Fintec Global Bhd's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fintec Global Bhd's Interest Coverage distribution charts can be found below:

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



Fintec Global 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.

Fintec Global Bhd's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Fintec Global Bhd's Interest Expense was RM-0.03 Mil. Its Operating Income was RM-37.47 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Fintec Global Bhd did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2023, Fintec Global Bhd's Interest Expense was RM-0.00 Mil. Its Operating Income was RM-2.41 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Fintec Global 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.


Fintec Global Bhd  (XKLS:0150) 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 .


Fintec Global Bhd Interest Coverage Related Terms

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


Fintec Global Bhd (XKLS:0150) Business Description

Traded in Other Exchanges
Address
No. 8, Persiaran Tropicana, Lot 13.1, Level 13, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, MYS, 47410
Fintec Global Bhd is a technology incubation, investment holding company and manufacturing and sale of rubber gloves. The company's operating segment includes Strategic Investment; AgrilTech; Financial services; and Gloves. It generates maximum revenue from the Strategic investment segment. The company geographically covers Malaysia, Hong Kong and Unites States, out of which it derives maximum revenue from Malaysia.

Fintec Global Bhd (XKLS:0150) Headlines

No Headlines