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GPP Resources Bhd (XKLS:03029) Interest Expense : RM-0.83 Mil (TTM As of Dec. 2023)


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What is GPP Resources Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GPP Resources Bhd's interest expense for the six months ended in Dec. 2023 was RM -0.83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.83 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. GPP Resources Bhd's Operating Income for the six months ended in Dec. 2023 was RM -0.70 Mil. GPP Resources Bhd's Interest Expense for the six months ended in Dec. 2023 was RM -0.83 Mil. GPP Resources Bhd did not have earnings to cover the interest expense. 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.


GPP Resources Bhd Interest Expense Historical Data

The historical data trend for GPP Resources 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.

GPP Resources Bhd Interest Expense Chart

GPP Resources Bhd Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Interest Expense
-0.20 -0.32 -0.72 -1.14

GPP Resources Bhd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.59 -0.77 -0.72 -0.91 -0.83

GPP Resources 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 semi-annually data reported by the company within the most recent 12 months, which was RM-0.83 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.


GPP Resources Bhd  (XKLS:03029) 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.

GPP Resources Bhd's Interest Expense for the six months ended in Dec. 2023 was RM-0.83 Mil. Its Operating Income for the six months ended in Dec. 2023 was RM-0.70 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was RM15.56 Mil.

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

GPP Resources Bhd did not have earnings to cover the interest expense.

* 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.


GPP Resources Bhd (XKLS:03029) Business Description

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Traded in Other Exchanges
N/A
Address
No.7, Jalan Sungai Tiram 1, Ulu Tira, JHR, MYS, 50480
GPP Resources Bhd is principally involved in businesses that are related to the use of biomass to produce renewable energy and OPT products. It derives maximum of the revenue from renewable energy. It has three operating segments; Palm oil; Renewable energy plants and energy related facilities; and Manufacturing and Trading. The company earns maximum revenue from Palm oil Segment.

GPP Resources Bhd (XKLS:03029) Headlines

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