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Microlink Solutions Bhd (XKLS:0126) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Microlink Solutions 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. Microlink Solutions Bhd's Operating Income for the three months ended in Dec. 2023 was RM-2.3 Mil. Microlink Solutions Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.8 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 Microlink Solutions Bhd's Interest Coverage or its related term are showing as below:

XKLS:0126' s Interest Coverage Range Over the Past 10 Years
Min: 1.33   Med: 22.54   Max: No Debt
Current: 1.72


XKLS:0126's Interest Coverage is ranked worse than
91.07% of 1601 companies
in the Software industry
Industry Median: 29.34 vs XKLS:0126: 1.72

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


Microlink Solutions Bhd Interest Coverage Historical Data

The historical data trend for Microlink Solutions 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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Microlink Solutions Bhd Interest Coverage Chart

Microlink Solutions Bhd Annual Data
Trend Dec11 Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.33 5.75 22.54 24.40

Microlink Solutions Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 24.56 33.72 8.40 1.52 -

Competitive Comparison of Microlink Solutions Bhd's Interest Coverage

For the Information Technology Services subindustry, Microlink Solutions 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.


Microlink Solutions Bhd's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Microlink Solutions Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Microlink Solutions Bhd's Interest Coverage falls into.



Microlink Solutions 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.

Microlink Solutions Bhd's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, Microlink Solutions Bhd's Interest Expense was RM-1.5 Mil. Its Operating Income was RM35.5 Mil. And its Long-Term Debt & Capital Lease Obligation was RM4.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2022 )/Interest Expense (A: Mar. 2022 )
=-1*35.478/-1.454
=24.40

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

Here, for the three months ended in Dec. 2023, Microlink Solutions Bhd's Interest Expense was RM-0.8 Mil. Its Operating Income was RM-2.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM3.7 Mil.

Microlink Solutions 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.


Microlink Solutions Bhd  (XKLS:0126) 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 .


Microlink Solutions Bhd Interest Coverage Related Terms

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


Microlink Solutions Bhd (XKLS:0126) Business Description

Traded in Other Exchanges
N/A
Address
Ho Hup Tower - Aurora Place, 2-08-01 - Level 8, Plaza Bukit Jalil, No 1, Persiaran Jalil 1, Bandar Bukit Jalil, Kuala Lumpur, MYS, 57000
Microlink Solutions Bhd is a Malaysia based investment holding company involved in the provision of research and development on information technology solutions to the financial services industry. It operates in the business segments of Financial services, which provides business and technical services for financial institutions; Distribution services, which distributes and maintains computer equipment and software; Enterprise solutions which include the provision of emerging technologies for enterprises; and Solution Delivery services which involves the provision of project and software solutions delivery services. It derives a majority of the revenue from the Distribution services segment. Geographically, the company operates in Malaysia and other countries.

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