Yenher Holdings Bhd (XKLS:5300) Interest Coverage : 183.56 (As of Dec. 2023)

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What is Yenher 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. Yenher Holdings Bhd's Operating Income for the three months ended in Dec. 2023 was RM6.6 Mil. Yenher Holdings Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.0 Mil. Yenher Holdings Bhd's interest coverage for the quarter that ended in Dec. 2023 was 183.56. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yenher Holdings Bhd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKLS:5300' s Interest Coverage Range Over the Past 10 Years
Min: 32.52 Med: 151.55 Max: 401.21
Current: 395.38

XKLS:5300's Interest Coverage is ranked better than
92.62% of 1383 companies
in the Consumer Packaged Goods industry
Industry Median: 8.52 vs XKLS:5300: 395.38

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

Yenher Holdings Bhd Interest Coverage Historical Data

The historical data trend for Yenher 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.

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Yenher Holdings Bhd Interest Coverage Chart

Yenher Holdings Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

54.13

151.55

199.44

190.43

401.21

Yenher Holdings Bhd Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial											291.96	715.78	515.27	722.44	183.56

Competitive Comparison of Yenher Holdings Bhd's Interest Coverage

For the Packaged Foods subindustry, Yenher 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.

Yenher Holdings Bhd's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yenher Holdings Bhd's Interest Coverage distribution charts can be found below:

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

Yenher 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.

Yenher 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, Yenher Holdings Bhd's Interest Expense was RM-0.1 Mil. Its Operating Income was RM27.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	27.282	/	-0.068
	=	401.21

Yenher 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, Yenher Holdings Bhd's Interest Expense was RM-0.0 Mil. Its Operating Income was RM6.6 Mil. And its Long-Term Debt & Capital Lease Obligation was RM2.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	6.608	/	-0.036
	=	183.56

The higher the ratio, the stronger the company's Financial Strength is.

Yenher Holdings Bhd (XKLS:5300) 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 .

Yenher Holdings Bhd Interest Coverage Related Terms

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

Yenher Holdings Bhd (XKLS:5300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yenher Holdings Bhd (XKLS:5300) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taman IKS Simpang Ampat, No. 1628, Jalan IKS Simpang Ampat 1, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, PNG, MYS, 14100

Website

https://www.yenher.com.my

Yenher Holdings Bhd is an investment holding company. Through the subsidiaries, the company is principally involved in the manufacturing and distribution of animal health and nutrition products. It manufactures premixes, complete feed, formulated products, and biotech animal feed ingredients mainly for the poultry and swine subsectors. Geographic it operates with Malaysian customers, Overseas customers. The majority of its revenue comes from Malaysian customers.

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