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Focus Lumber Bhd (XKLS:5197) Interest Coverage : No Debt (1) (As of Mar. 2024)


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What is Focus Lumber 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 Lumber Bhd's Operating Income for the three months ended in Mar. 2024 was RM-2.25 Mil. Focus Lumber Bhd's Interest Expense for the three months ended in Mar. 2024 was RM0.00 Mil. Focus Lumber Bhd has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Focus Lumber Bhd has no debt.

(1) 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.

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

XKLS:5197' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


XKLS:5197's Interest Coverage is ranked better than
99.5% of 199 companies
in the Forest Products industry
Industry Median: 5.96 vs XKLS:5197: No Debt

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 Lumber Bhd Interest Coverage Historical Data

The historical data trend for Focus Lumber 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 Lumber Bhd Interest Coverage Chart

Focus Lumber 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 No Debt No Debt No Debt No Debt No Debt

Focus Lumber Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Focus Lumber Bhd's Interest Coverage

For the Lumber & Wood Production subindustry, Focus Lumber 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 Lumber Bhd's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Focus Lumber Bhd's Interest Coverage distribution charts can be found below:

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



Focus Lumber 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 Lumber 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 Lumber Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM-14.43 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Focus Lumber Bhd had no debt (1).

Focus Lumber Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Focus Lumber Bhd's Interest Expense was RM0.00 Mil. Its Operating Income was RM-2.25 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.00 Mil.

Focus Lumber Bhd had no debt (1).

* 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 Lumber Bhd  (XKLS:5197) 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 Lumber Bhd Interest Coverage Related Terms

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


Focus Lumber Bhd (XKLS:5197) Business Description

Traded in Other Exchanges
N/A
Address
Mile 3, Jalan Masak, Kampung Ulu Patikang, Locked Bag 13 SM-88, Keningau, SBH, MYS, 89009
Focus Lumber Bhd operates as an investment holding company engaged in the manufacturing and sale of plywood, veneer, and laminated veneer lumber. It operates through the Manufacturing and Electricity segments. The Manufacturing segment engages in the business of manufacturing and sale of plywood, veneer, and laminated veneer lumber. The Electricity segment engages in the business of generation and sale of electricity. The geographical presence of the company is in Malaysia, Canada, Hong Kong, China, Australia, India, Korea, Japan, Taiwan, Thailand, the United States, and the UK. It generates the majority of its revenues from the Manufacturing segment.

Focus Lumber Bhd (XKLS:5197) Headlines

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