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Digistar Bhd (XKLS:0029) Interest Expense : RM-15.56 Mil (TTM As of Dec. 2023)


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What is Digistar Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Digistar Bhd's interest expense for the three months ended in Dec. 2023 was RM -3.71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-15.56 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. Digistar Bhd's Operating Income for the three months ended in Dec. 2023 was RM 4.27 Mil. Digistar Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -3.71 Mil. Digistar Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 1.15. 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.


Digistar Bhd Interest Expense Historical Data

The historical data trend for Digistar 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.

Digistar Bhd Interest Expense Chart

Digistar Bhd Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.49 -18.98 -17.83 -16.82 -15.91

Digistar 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 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 -4.06 -3.97 -3.99 -3.90 -3.71

Digistar 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 RM-15.56 Mil.

* 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.


Digistar Bhd  (XKLS:0029) Interest Expense Explanation

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. The higher, the better.

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

Digistar Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-3.71 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM4.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM186.67 Mil.

Digistar 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*4.268/-3.706
=1.15

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Digistar Corp Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Digistar Bhd (XKLS:0029) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang Utama 1/2, B6/4/4, 3rd Floor, One Ampang Business Avenue, Ampang, SGR, MYS, 68000
Digistar Corp Bhd is an investment holding company. It operates through the following segments: System integration segment, Investment holding segment, Rental, and hotel segment, Concession segment, and Property development segment. The Systems Integration segment is involved in the design, supply, installation, and integration of information technology infrastructure, teleconferencing, local area networks, interactive media management systems, radio & television news automation, and other related electronic systems. The Concession segment includes concession arrangements between the Group and the Grantor for the privatization of the design, development, construction, and completion of the Facilities. It operates in a single geographical segment, which is Malaysia.

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