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YA Horng Electronic M Bhd (XKLS:7196) Interest Coverage : No Debt (1) (As of Jul. 2013)


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What is YA Horng Electronic M 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. YA Horng Electronic M Bhd's Operating Income for the three months ended in Jul. 2013 was RM1.9 Mil. YA Horng Electronic M Bhd's Interest Expense for the three months ended in Jul. 2013 was RM0.0 Mil. YA Horng Electronic M Bhd has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for YA Horng Electronic M Bhd's Interest Coverage or its related term are showing as below:

XKLS:7196' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


XKLS:7196's Interest Coverage is not ranked
in the Hardware industry.
Industry Median: 12.34 vs XKLS:7196: No Debt

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


YA Horng Electronic M Bhd Interest Coverage Historical Data

The historical data trend for YA Horng Electronic M 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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YA Horng Electronic M Bhd Interest Coverage Chart

YA Horng Electronic M Bhd Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

YA Horng Electronic M Bhd Quarterly Data
Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of YA Horng Electronic M Bhd's Interest Coverage

For the Consumer Electronics subindustry, YA Horng Electronic M 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.


YA Horng Electronic M Bhd's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, YA Horng Electronic M Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where YA Horng Electronic M Bhd's Interest Coverage falls into.



YA Horng Electronic M 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.

YA Horng Electronic M Bhd's Interest Coverage for the fiscal year that ended in Jan. 2013 is calculated as

Here, for the fiscal year that ended in Jan. 2013, YA Horng Electronic M Bhd's Interest Expense was RM0.0 Mil. Its Operating Income was RM0.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.

YA Horng Electronic M Bhd had no debt (1).

YA Horng Electronic M Bhd's Interest Coverage for the quarter that ended in Jul. 2013 is calculated as

Here, for the three months ended in Jul. 2013, YA Horng Electronic M Bhd's Interest Expense was RM0.0 Mil. Its Operating Income was RM1.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.0 Mil.

YA Horng Electronic M Bhd had no debt (1).

* 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.


YA Horng Electronic M Bhd  (XKLS:7196) 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 .


YA Horng Electronic M Bhd Interest Coverage Related Terms

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YA Horng Electronic M Bhd (XKLS:7196) Business Description

Traded in Other Exchanges
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Address
YA Horng Electronic M Bhd is an investment holding company, engages in the manufacture and sale of audio and electric products primarily in Malaysia, China, and Taiwan.

YA Horng Electronic M Bhd (XKLS:7196) Headlines

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