Signature International Bhd (XKLS:7246) Interest Coverage : 8.08 (As of Dec. 2023)

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What is Signature International 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. Signature International Bhd's Operating Income for the three months ended in Dec. 2023 was RM33.3 Mil. Signature International Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-4.1 Mil. Signature International Bhd's interest coverage for the quarter that ended in Dec. 2023 was 8.08. The higher the ratio, the stronger the company's financial strength is.

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

XKLS:7246' s Interest Coverage Range Over the Past 10 Years
Min: 0.02 Med: 7.1 Max: 31.24
Current: 5.74

XKLS:7246's Interest Coverage is ranked worse than
61.56% of 320 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 8.89 vs XKLS:7246: 5.74

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

Signature International Bhd Interest Coverage Historical Data

The historical data trend for Signature International 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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Signature International Bhd Interest Coverage Chart

Signature International Bhd Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec23

Interest Coverage

Get a 7-Day Free Trial

6.88

2.41

0.02

5.14

5.74

Signature International Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Mar23	Jun23	Sep23	Dec23
Interest Coverage	Get a 7-Day Free Trial															4.92	0.94	7.18	6.03	8.08

Competitive Comparison of Signature International Bhd's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Signature International 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.

Signature International Bhd's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Signature International Bhd's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Signature International Bhd's Interest Coverage falls into.

Signature International 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.

Signature International 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, Signature International Bhd's Interest Expense was RM-17.3 Mil. Its Operating Income was RM99.1 Mil. And its Long-Term Debt & Capital Lease Obligation was RM201.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	99.133	/	-17.279
	=	5.74

Signature International Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Signature International Bhd's Interest Expense was RM-4.1 Mil. Its Operating Income was RM33.3 Mil. And its Long-Term Debt & Capital Lease Obligation was RM201.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	33.328	/	-4.125
	=	8.08

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

Signature International Bhd (XKLS:7246) 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 .

Signature International Bhd Interest Coverage Related Terms

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

Signature International Bhd (XKLS:7246) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Signature International Bhd (XKLS:7246) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 24, Jalan Teknologi, Taman Sains Selangor 1, Kota Damansara, PJU 5, Petaling Jaya, SGR, MYS, 47810

Website

https://www.signatureinternational.com.my

Signature International Bhd is principally engaged in the business of investment holding. The company through its subsidiaries manufactures, markets, and distributes modular kitchen and wardrobes systems under its flagship brand SignatureKitchen and mass-market brand Kubiq. The Group is organized into business units based on its products and services, and has five reportable segments: Design, manufacture and retail of kitchen and wardrobe systems; Marketing and distribution of white goods; Manufacture of glass and aluminium products; Interior fit-out works and Others. It derives a majority of its revenue from the Design, Manufacture, and Retail of Kitchen and Wardrobe Systems segment. Geographically, it generates maximum revenue from Malaysia.

Signature International Bhd (XKLS:7246) Headlines

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