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Powermatic Data Systems (SGX:BCY) Interest Coverage : N/A (As of Sep. 2023)


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What is Powermatic Data Systems 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. Powermatic Data Systems's Operating Income for the six months ended in Sep. 2023 was S$6.87 Mil. Powermatic Data Systems's Interest Expense for the six months ended in Sep. 2023 was S$0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Powermatic Data Systems Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Powermatic Data Systems's Interest Coverage or its related term are showing as below:

SGX:BCY' s Interest Coverage Range Over the Past 10 Years
Min: 65.5   Med: 6338   Max: No Debt
Current: 2327.4


SGX:BCY's Interest Coverage is ranked better than
96.11% of 1570 companies
in the Hardware industry
Industry Median: 12.685 vs SGX:BCY: 2327.40

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


Powermatic Data Systems Interest Coverage Historical Data

The historical data trend for Powermatic Data Systems'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.

Powermatic Data Systems Interest Coverage Chart

Powermatic Data Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 352.65 1,410.00 2,676.00 2,030.00

Powermatic Data Systems Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 No Debt 953.33 No Debt 953.00 N/A

Competitive Comparison of Powermatic Data Systems's Interest Coverage

For the Communication Equipment subindustry, Powermatic Data Systems'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.


Powermatic Data Systems's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Powermatic Data Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Powermatic Data Systems's Interest Coverage falls into.



Powermatic Data Systems 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.

Powermatic Data Systems's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Powermatic Data Systems's Interest Expense was S$-0.01 Mil. Its Operating Income was S$10.15 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.18 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*10.15/-0.005
=2,030.00

Powermatic Data Systems's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Powermatic Data Systems's Interest Expense was S$0.00 Mil. Its Operating Income was S$6.87 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.18 Mil.

GuruFocus does not calculate Powermatic Data Systems's interest coverage with the available data.

* 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.


Powermatic Data Systems  (SGX:BCY) 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 .


Powermatic Data Systems Interest Coverage Related Terms

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


Powermatic Data Systems (SGX:BCY) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Harrison Road, No. 05-01, Harrison Industrial Building, Singapore, SGP, 369651
Powermatic Data Systems Ltd operates in the communication equipment business. The company's operating segment includes Wireless connectivity products; Property and Corporate holding and others. It generates maximum revenue from the Wireless connectivity products segment. The Wireless connectivity products segment comprises the manufacturing, sales, marketing, and distribution of wireless connectivity products. Geographically, it derives a majority of revenue from Europe.

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