GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Binasat Communications Bhd (XKLS:0195) » Definitions » Interest Coverage

Binasat Communications Bhd (XKLS:0195) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Binasat Communications 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. Binasat Communications Bhd's Operating Income for the three months ended in Sep. 2023 was RM-0.7 Mil. Binasat Communications Bhd's Interest Expense for the three months ended in Sep. 2023 was RM-0.2 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 Binasat Communications Bhd's Interest Coverage or its related term are showing as below:


XKLS:0195's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.6
* Ranked among companies with meaningful Interest Coverage only.

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


Binasat Communications Bhd Interest Coverage Historical Data

The historical data trend for Binasat Communications 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.

Binasat Communications Bhd Interest Coverage Chart

Binasat Communications Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 53.53 25.76 6.74 6.30 9.39

Binasat Communications Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 11.07 16.36 13.49 - -

Competitive Comparison of Binasat Communications Bhd's Interest Coverage

For the Telecom Services subindustry, Binasat Communications 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.


Binasat Communications Bhd's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Binasat Communications Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Binasat Communications Bhd's Interest Coverage falls into.



Binasat Communications 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.

Binasat Communications Bhd's Interest Coverage for the fiscal year that ended in Jun. 2022 is calculated as

Here, for the fiscal year that ended in Jun. 2022, Binasat Communications Bhd's Interest Expense was RM-0.7 Mil. Its Operating Income was RM6.2 Mil. And its Long-Term Debt & Capital Lease Obligation was RM18.7 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2022 )/Interest Expense (A: Jun. 2022 )
=-1*6.208/-0.661
=9.39

Binasat Communications Bhd's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Binasat Communications Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM-0.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM19.1 Mil.

Binasat Communications 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.


Binasat Communications Bhd  (XKLS:0195) 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 .


Binasat Communications Bhd Interest Coverage Related Terms

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


Binasat Communications Bhd (XKLS:0195) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Teknologi 4, Menara Binasat, Lot PT 13824, Technology Park, Bukit Jalil, Kuala Lumpur, SGR, MYS, 57000
Binasat Communications Bhd is engaged in investment holding. The company provides support services for VSAT Network Engineering Services, Mobile Network Engineering Services, Fiber Network Engineering Services, Satellite Hub/Teleport and Digital Satellite News Gathering (DSNG) Services. It has segments are Satellite, mobile and fibre optic telecommunications networks, Power and telecommunication infrastructure works and Investment holding. The company operates in Malaysia.

Binasat Communications Bhd (XKLS:0195) Headlines

No Headlines