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Fajarbaru Builder Group Bhd (XKLS:7047) Interest Coverage : 36.87 (As of Mar. 2024)


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What is Fajarbaru Builder 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. Fajarbaru Builder Group Bhd's Operating Income for the three months ended in Mar. 2024 was RM27.3 Mil. Fajarbaru Builder Group Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.7 Mil. Fajarbaru Builder Group Bhd's interest coverage for the quarter that ended in Mar. 2024 was 36.87. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:7047' s Interest Coverage Range Over the Past 10 Years
Min: 3.97   Med: 19.48   Max: 50.64
Current: 20.83


XKLS:7047's Interest Coverage is ranked better than
68.52% of 1261 companies
in the Construction industry
Industry Median: 6.98 vs XKLS:7047: 20.83

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


Fajarbaru Builder Group Bhd Interest Coverage Historical Data

The historical data trend for Fajarbaru Builder 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.

Fajarbaru Builder Group Bhd Interest Coverage Chart

Fajarbaru Builder Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.42 18.06 40.42 14.90 5.80

Fajarbaru Builder Group 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 2.12 13.58 2.43 36.65 36.87

Competitive Comparison of Fajarbaru Builder Group Bhd's Interest Coverage

For the Engineering & Construction subindustry, Fajarbaru Builder 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.


Fajarbaru Builder Group Bhd's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fajarbaru Builder Group Bhd's Interest Coverage distribution charts can be found below:

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



Fajarbaru Builder 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.

Fajarbaru Builder Group Bhd's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Fajarbaru Builder Group Bhd's Interest Expense was RM-2.2 Mil. Its Operating Income was RM12.7 Mil. And its Long-Term Debt & Capital Lease Obligation was RM14.6 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*12.671/-2.185
=5.80

Fajarbaru Builder Group Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Fajarbaru Builder Group Bhd's Interest Expense was RM-0.7 Mil. Its Operating Income was RM27.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM11.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*27.318/-0.741
=36.87

* 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.


Fajarbaru Builder Group Bhd  (XKLS:7047) 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 .


Fajarbaru Builder Group Bhd Interest Coverage Related Terms

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


Fajarbaru Builder Group Bhd (XKLS:7047) Business Description

Traded in Other Exchanges
N/A
Address
Number 61 and 63, Jalan SS6/12, Kelana Jaya, Petaling Jaya, SGR, MYS, 47301
Fajarbaru Builder Group Bhd is an investment holding company. The company's operating segment includes Construction; Property development; Trading and Logistics; and Logging and timber trading. It generates maximum revenue from the Construction segment. The Construction segment is involved as general contractors in the construction industry. Its Property development segment is involved in the development of commercial and residential properties. The Logging and trading of timber segment is involved in the extraction and trading of timber. Geographically, it derives a majority of revenue from Malaysia.

Fajarbaru Builder Group Bhd (XKLS:7047) Headlines

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