Petronas Dagangan Bhd (Petronas Dagangan Bhd) Interest Expense : $-3 Mil (TTM As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Petronas Dagangan Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petronas Dagangan Bhd's interest expense for the three months ended in Dec. 2023 was $ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-3 Mil.

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. Petronas Dagangan Bhd's Operating Income for the three months ended in Dec. 2023 was $ 65 Mil. Petronas Dagangan Bhd's Interest Expense for the three months ended in Dec. 2023 was $ -1 Mil. Petronas Dagangan Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 45.43. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Petronas Dagangan Bhd Interest Expense Historical Data

The historical data trend for Petronas Dagangan Bhd's Interest Expense 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.

* Premium members only.

Petronas Dagangan Bhd Interest Expense Chart

Petronas Dagangan Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-5.26

-3.76

-2.76

-5.72

-3.13

Petronas Dagangan Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-2.38	-0.60	-0.57	-0.55	-1.44

Petronas Dagangan Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3 Mil.

Petronas Dagangan Bhd (OTCPK:PNADF) Interest Expense Explanation

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

Petronas Dagangan Bhd's Interest Expense for the three months ended in Dec. 2023 was $-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was $65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $21 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	65.421	/	-1.44
	=	45.43

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. Petronas Dagangan Bhd has enough cash to cover all of its debt. Its financial situation is stable.

Petronas Dagangan Bhd (Petronas Dagangan Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petronas Dagangan Bhd (OTCPK:PNADF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

5681:Malaysia

Address

Tower 1, Petronas Twin Towers, Level 30-33, Kuala Lumpur City Centre, Kuala Lumpur, MYS, 50088

Website

https://www.mymesra.com.my

Petronas Dagangan Bhd offers a variety of petroleum products and services to retail and industrial customers. As the leading revenue generator, retail operations are the leading focus of the company. In Malaysia, the retail business includes hundreds of retail stations that also serve as convenience stores. As a compliment to its network of retail stations, Petronas offers a loyalty program that allows members to accumulate points and redeem either fuel or selected items. The company's other businesses include a commercial unit, liquefied petroleum gas unit, and a lubricants business. Through the commercial business, Petronas markets petroleum products in bulk to manufacturing, aviation, power, energy, agriculture, fisheries, and transportation segments.