Avarga

Avarga Interest Coverage

Delisted

The Interest Coverage Ratio of Avarga (U09.SI) as of Nov 6, 2026 is 30.86. In the previous year, Interest Coverage Ratio was 12.27 — a change of 151.49% (higher).

Interest Coverage

30.86

YoY

151.49%

Last updated:

Interest Coverage Ratio of Avarga is 2024 30.86 . Interest Coverage Ratio of Avarga was 2023 12.27 . It decreases by 151.49% higher compared to the previous year.

The Avarga Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
2.12 SGD
Jan 1, 2018
3.13 SGD
Jan 1, 2019
6.25 SGD
Jan 1, 2020
11.93 SGD
Jan 1, 2021
20.99 SGD
Jan 1, 2022
10.06 SGD
Jan 1, 2023
12.27 SGD
Jan 1, 2024
30.86 SGD
The Avarga Interest Coverage history
YEARInterest CoverageYoY
30.86+151.49%
12.27+22.01%
10.06-52.09%
20.99+76.05%
11.93+90.90%
6.25+99.39%
3.13+47.46%
2.12-67.52%
6.54+157.19%
2.54-45.95%
4.71—

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Avarga Stock analysis

What does Avarga do? Avarga Ltd. generates revenue through its paper mill division, which manufactures and sells industrial grade paper products including test liner, corrugating medium, chip board, and core board, while also collecting and trading waste paper. The power division operates a 50 MW gas-fired generating plant in Ywama, Myanmar, selling electricity to the Myanmar Government through its subsidiary, which designs, operates, and maintains power plants. The others segment focuses on identifying new investment opportunities locally and overseas, supporting the company's broader portfolio. The firm's subsidiaries manage property rentals and provide management services, contributing to its diversified income streams. The company's primary buyers are the Myanmar Government for electricity and industrial clients purchasing paper products. The paper mill division serves industries requiring bulk paper materials, while the power division's electricity sales target government procurement. Investment opportunities identified by the others segment likely attract institutional investors seeking growth in Myanmar's infrastructure and manufacturing sectors. Property management services cater to commercial and residential tenants in the company's managed properties. Avarga Ltd. operates across three segments: paper mill, power, and others, each contributing to its revenue model. The paper mill division's product range includes test liner, corrugating medium, chip board, and core board, sold to industrial buyers. The power division's 50 MW plant supplies electricity to the Myanmar Government, leveraging its subsidiary's expertise in power plant operations. The others segment drives growth through strategic investments in local and overseas markets, aligning with the company's focus on identifying new opportunities. Avarga is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Avarga stock

Interest Coverage Ratio of Avarga is 30.86 in 2024.

Interest Coverage Ratio of Avarga changed from 12.27 to 30.86, representing a 151.49% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Avarga since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Avarga with sector peers and the industry average to assess whether it is attractive.

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Leverage — Avarga

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