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P.A. Resources Bhd (XKLS:7225) Interest Coverage : 72.11 (As of Dec. 2023)


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What is P.A. Resources 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. P.A. Resources Bhd's Operating Income for the three months ended in Dec. 2023 was RM15.9 Mil. P.A. Resources Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.2 Mil. P.A. Resources Bhd's interest coverage for the quarter that ended in Dec. 2023 was 72.11. 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. P.A. Resources Bhd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for P.A. Resources Bhd's Interest Coverage or its related term are showing as below:

XKLS:7225' s Interest Coverage Range Over the Past 10 Years
Min: 0.87   Med: 30.65   Max: 100.67
Current: 79.96


XKLS:7225's Interest Coverage is ranked better than
79.3% of 2300 companies
in the Industrial Products industry
Industry Median: 13.505 vs XKLS:7225: 79.96

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


P.A. Resources Bhd Interest Coverage Historical Data

The historical data trend for P.A. Resources 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.

P.A. Resources Bhd Interest Coverage Chart

P.A. Resources Bhd Annual Data
Trend Mar13 Mar14 Mar15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.39 8.73 52.57 59.37 100.67

P.A. Resources Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 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 348.73 4.11 138.39 109.25 72.11

Competitive Comparison of P.A. Resources Bhd's Interest Coverage

For the Metal Fabrication subindustry, P.A. Resources 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.


P.A. Resources Bhd's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, P.A. Resources Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where P.A. Resources Bhd's Interest Coverage falls into.



P.A. Resources 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.

P.A. Resources 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, P.A. Resources Bhd's Interest Expense was RM-0.4 Mil. Its Operating Income was RM44.8 Mil. And its Long-Term Debt & Capital Lease Obligation was RM1.9 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*44.796/-0.445
=100.67

P.A. Resources Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, P.A. Resources Bhd's Interest Expense was RM-0.2 Mil. Its Operating Income was RM15.9 Mil. And its Long-Term Debt & Capital Lease Obligation was RM0.6 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*15.865/-0.22
=72.11

* 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.


P.A. Resources Bhd  (XKLS:7225) 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 .


P.A. Resources Bhd Interest Coverage Related Terms

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


P.A. Resources Bhd (XKLS:7225) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kuala Selangor, Lot 424 and 440, Kampung Batu 8, Ijok, Kuala Selangor, SGR, MYS, 45620
P.A. Resources Bhd is an aluminium extruder company that produces semi-finished aluminium products which are into aluminium smelting, producing aluminium billets. The company's operating segment includes aluminium extrusion and fabrication; aluminium billet casting and tolling; Money lending and others. It generates maximum revenue from the aluminium extrusion and fabrication segment. The company's product is used in the electrical and electronics, furniture, and consumer durables industries. Geographically, it derives a majority of its revenue from the United States of America.

P.A. Resources Bhd (XKLS:7225) Headlines

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