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Focus Point Holdings Bhd (XKLS:0157) Interest Coverage : 9.00 (As of Dec. 2023)


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What is Focus Point Holdings 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. Focus Point Holdings Bhd's Operating Income for the three months ended in Dec. 2023 was RM17.2 Mil. Focus Point Holdings Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-1.9 Mil. Focus Point Holdings Bhd's interest coverage for the quarter that ended in Dec. 2023 was 9.00. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0157' s Interest Coverage Range Over the Past 10 Years
Min: 1.1   Med: 3.69   Max: 9.89
Current: 7.61


XKLS:0157's Interest Coverage is ranked worse than
68.96% of 422 companies
in the Medical Devices & Instruments industry
Industry Median: 18.745 vs XKLS:0157: 7.61

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


Focus Point Holdings Bhd Interest Coverage Historical Data

The historical data trend for Focus Point Holdings 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.

Focus Point Holdings Bhd Interest Coverage Chart

Focus Point Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.60 3.78 5.17 9.89 7.61

Focus Point Holdings 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 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 11.75 5.91 8.12 7.12 9.00

Competitive Comparison of Focus Point Holdings Bhd's Interest Coverage

For the Medical Instruments & Supplies subindustry, Focus Point Holdings 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.


Focus Point Holdings Bhd's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Focus Point Holdings Bhd's Interest Coverage distribution charts can be found below:

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



Focus Point Holdings 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.

Focus Point Holdings 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, Focus Point Holdings Bhd's Interest Expense was RM-6.1 Mil. Its Operating Income was RM46.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM68.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*46.735/-6.144
=7.61

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

Here, for the three months ended in Dec. 2023, Focus Point Holdings Bhd's Interest Expense was RM-1.9 Mil. Its Operating Income was RM17.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM68.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*17.177/-1.909
=9.00

* 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.


Focus Point Holdings Bhd  (XKLS:0157) 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 .


Focus Point Holdings Bhd Interest Coverage Related Terms

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


Focus Point Holdings Bhd (XKLS:0157) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1/37, Unit 1, 3, 5 and 7, Dataran Prima, Petaling Jaya, SGR, MYS, 47301
Focus Point Holdings Bhd is engaged in the operation of eye care centers, trading of eyewear and eye care products. The company's operating segments are Optical related products, Franchise management, Food and beverages, and others. It generates the majority of its revenue from the Optical related products segment. Optical related products segment includes retailing of optical related products. Its Franchise management Management segment includes franchised professional eye care centres and food and beverage outlets. The Food and beverage segment include the provision of food and beverage services.

Focus Point Holdings Bhd (XKLS:0157) Headlines

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