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Sunview Group Bhd (XKLS:0262) Interest Coverage : 2.14 (As of Dec. 2023)


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What is Sunview Group 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. Sunview Group Bhd's Operating Income for the three months ended in Dec. 2023 was RM3.8 Mil. Sunview Group Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-1.8 Mil. Sunview Group Bhd's interest coverage for the quarter that ended in Dec. 2023 was 2.14. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:0262' s Interest Coverage Range Over the Past 10 Years
Min: 4.21   Med: 8.88   Max: 15.33
Current: 4.21


XKLS:0262's Interest Coverage is ranked better than
61.47% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.13 vs XKLS:0262: 4.21

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


Sunview Group Bhd Interest Coverage Historical Data

The historical data trend for Sunview Group 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.

Sunview Group Bhd Interest Coverage Chart

Sunview Group Bhd Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
- 15.33 11.38 4.95 6.38

Sunview Group Bhd Quarterly Data
Mar19 Mar20 Mar21 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 3.43 19.49 2.07 3.17 2.14

Competitive Comparison of Sunview Group Bhd's Interest Coverage

For the Utilities - Renewable subindustry, Sunview Group 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.


Sunview Group Bhd's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sunview Group Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sunview Group Bhd's Interest Coverage falls into.



Sunview Group 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.

Sunview Group Bhd'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, Sunview Group Bhd's Interest Expense was RM-3.8 Mil. Its Operating Income was RM24.0 Mil. And its Long-Term Debt & Capital Lease Obligation was RM32.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*23.955/-3.755
=6.38

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

Here, for the three months ended in Dec. 2023, Sunview Group Bhd's Interest Expense was RM-1.8 Mil. Its Operating Income was RM3.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM36.2 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*3.792/-1.768
=2.14

* 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.


Sunview Group Bhd  (XKLS:0262) 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 .


Sunview Group Bhd Interest Coverage Related Terms

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


Sunview Group Bhd (XKLS:0262) Business Description

Traded in Other Exchanges
N/A
Address
No.5, Jln Prof Khoo Kay Kim, 01-09, 9th Floor, Menara Symphony, Seksyen 13, Petaling Jaya, SGR, MYS, 46200
Sunview Group Bhd is Investment holding company engaged in clean energy service provider in Malaysia. It operates in two segments the Provision of products and services related to renewable energy provides EPCC, construction, installation, associate service, and products of solar PV facilities. and Power generation provides Solar power generation and supply. It generates the majority of its revenue from the Provision of products and services related to renewable energy.

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