Baba Eco Group Bhd (XKLS:03012) Interest Coverage : 2.81 (As of Oct. 2023)

Baba Eco Group Bhd Interest Coverage Chart

Baba Eco Group Bhd Annual Data
	Trend	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Interest Coverage		Get a 7-Day Free Trial				6.43	15.20	22.96	8.91	4.26

Baba Eco Group Bhd Semi-Annual Data
	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Interest Coverage	Get a 7-Day Free Trial										12.38	24.44	5.13	9.93	2.81

Competitive Comparison of Baba Eco Group Bhd's Interest Coverage

For the Home Improvement Retail subindustry, Baba Eco 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.

Baba Eco Group Bhd's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baba Eco Group Bhd's Interest Coverage distribution charts can be found below:

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

Baba Eco 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Baba Eco Group Bhd's Interest Coverage for the fiscal year that ended in Oct. 2023 is calculated as

Here, for the fiscal year that ended in Oct. 2023, Baba Eco Group Bhd's Interest Expense was RM-1.02 Mil. Its Operating Income was RM4.33 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.99 Mil.

Baba Eco Group Bhd's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Here, for the six months ended in Oct. 2023, Baba Eco Group Bhd's Interest Expense was RM-0.81 Mil. Its Operating Income was RM2.28 Mil. And its Long-Term Debt & Capital Lease Obligation was RM5.99 Mil.

* 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.

Baba Eco Group Bhd  (XKLS:03012) 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 .

Baba Eco Group Bhd Interest Coverage Related Terms

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Baba Eco Group Bhd (XKLS:03012) Business Description