DKSH Holdings Malaysia Bhd (XKLS:5908) Interest Coverage : 10.36 (As of Dec. 2023)

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What is DKSH Holdings Malaysia 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. DKSH Holdings Malaysia Bhd's Operating Income for the three months ended in Dec. 2023 was RM69 Mil. DKSH Holdings Malaysia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-7 Mil. DKSH Holdings Malaysia Bhd's interest coverage for the quarter that ended in Dec. 2023 was 10.36. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:5908' s Interest Coverage Range Over the Past 10 Years
Min: 3.52 Med: 8.86 Max: 36.8
Current: 7.18

XKLS:5908's Interest Coverage is ranked worse than
55.38% of 130 companies
in the Industrial Distribution industry
Industry Median: 8.35 vs XKLS:5908: 7.18

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

DKSH Holdings Malaysia Bhd Interest Coverage Historical Data

The historical data trend for DKSH Holdings Malaysia 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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DKSH Holdings Malaysia Bhd Interest Coverage Chart

DKSH Holdings Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

3.52

3.79

6.02

6.79

7.18

DKSH Holdings Malaysia 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															8.51	8.24	5.91	4.15	10.36

Competitive Comparison of DKSH Holdings Malaysia Bhd's Interest Coverage

For the Industrial Distribution subindustry, DKSH Holdings Malaysia 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.

DKSH Holdings Malaysia Bhd's Interest Coverage Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DKSH Holdings Malaysia Bhd's Interest Coverage distribution charts can be found below:

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

DKSH Holdings Malaysia 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.

DKSH Holdings Malaysia Bhd's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, DKSH Holdings Malaysia Bhd's Interest Expense was RM-27 Mil. Its Operating Income was RM192 Mil. And its Long-Term Debt & Capital Lease Obligation was RM177 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	191.684	/	-26.691
	=	7.18

DKSH Holdings Malaysia Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, DKSH Holdings Malaysia Bhd's Interest Expense was RM-7 Mil. Its Operating Income was RM69 Mil. And its Long-Term Debt & Capital Lease Obligation was RM177 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	68.837	/	-6.643
	=	10.36

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

DKSH Holdings Malaysia Bhd (XKLS:5908) 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 .

DKSH Holdings Malaysia Bhd Interest Coverage Related Terms

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

DKSH Holdings Malaysia Bhd (XKLS:5908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » DKSH Holdings Malaysia Bhd (XKLS:5908) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan SS7/26A, B-11-01, The Ascent, Paradigm, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301

Website

https://www.dksh.com

DKSH Holdings Malaysia Bhd is a market expansion services provider with a focus on Asia. It helps other companies and brands to grow their business in new or existing markets. It operates in the segments namely the Marketing and distribution segment, Logistics segment, and Others. The Marketing and distribution segment provides a comprehensive portfolio of services ranging from marketing to providing sales force, distribution and logistics, invoicing, credit control, handling of inventory and returned goods, and other value-added services. The Logistics segment provides supply chain services ranging from import to forwarding, warehousing and distribution, order processing, and collections. The other segment is engaged in the chocolate chip cookie business.

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