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Mclean Technologies Bhd (XKLS:0167) Interest Expense : RM-0.59 Mil (TTM As of Mar. 2024)


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What is Mclean Technologies Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mclean Technologies Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.59 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. Mclean Technologies Bhd's Operating Income for the three months ended in Mar. 2024 was RM 0.33 Mil. Mclean Technologies Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.13 Mil. Mclean Technologies Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 2.48. 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.

Mclean Technologies Bhd Interest Expense Historical Data

The historical data trend for Mclean Technologies 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.

Mclean Technologies Bhd Interest Expense Chart

Mclean Technologies Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 -0.46 -0.45 -0.57 -0.59

Mclean Technologies Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.13 -0.15 -0.23 -0.08 -0.13

Mclean Technologies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.59 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.

Mclean Technologies Bhd  (XKLS:0167) 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.

Mclean Technologies Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.13 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM0.33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM4.45 Mil.

Mclean Technologies Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.327/-0.132
=2.48

* 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.

Mclean Technologies Bhd (XKLS:0167) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mclean Technologies Bhd (XKLS:0167) » Definitions » Interest Expense
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XKLS:7017 XKLS:0122 XKLS:8044 XKLS:7374 XKLS:0064 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA DLB LSE:ITRK TSE:7911 ARMK TSE:7912
Traded in Other Exchanges
N/A
Address
2 Woodlands Sector 1, No 01-22, Singapore, SGP, 738068
Website
http://www.mclean.com.sg
Mclean Technologies Bhd is an investment holding company. The company, through its subsidiaries, is engaged in the provision of surface finishing of metal parts for electrical and electronic industries, and provision of precision cleaning and cleanroom assembly services, clean bulk packaging services and other related services. It operates in the segment of Surface Treatment and Precision Cleaning; and Other. The surface treatment and precision cleaning segment that drives majority revenue offers surface treatment, precision cleaning, clean bulk pack and related services in the hard disk drive and consumer electronics industries. Geographically, the group operates in Malaysia, Singapore, China and other international countries.

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