Guocoland Malaysia Bhd (XKLS:1503) Interest Expense : RM-25.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Guocoland Malaysia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Guocoland Malaysia Bhd's interest expense for the three months ended in Mar. 2024 was RM -6.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-25.4 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. Guocoland Malaysia Bhd's Operating Income for the three months ended in Mar. 2024 was RM 7.7 Mil. Guocoland Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -6.4 Mil. Guocoland Malaysia Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1.20. 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.

Guocoland Malaysia Bhd Interest Expense Historical Data

The historical data trend for Guocoland Malaysia 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.

Guocoland Malaysia Bhd Interest Expense Chart

Guocoland Malaysia Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

Get a 7-Day Free Trial

-47.54

-43.17

-26.56

-24.87

-26.77

Guocoland Malaysia 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															-6.72	-6.10	-6.53	-6.33	-6.45

Guocoland Malaysia 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-25.4 Mil.

Guocoland Malaysia Bhd (XKLS:1503) 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.

Guocoland Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-6.4 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM7.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM335.7 Mil.

Guocoland Malaysia 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	*	7.707	/	-6.448
	=	1.20

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. Guocoland Malaysia Bhd interest coverage is 2.32, which is low.

Guocoland Malaysia Bhd (XKLS:1503) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Guocoland Malaysia Bhd (XKLS:1503) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

No. 6 Jalan Damanlela, Level 13, Guoco Tower, Damansara City, Bukit Damansara, Kuala Lumpur, SGR, MYS, 50490

Website

https://www.guocoland.com.my

Guocoland Malaysia Bhd is an investment holding company. It is engaged in the development of residential properties and commercial properties for sale. The company's business segments are Property development of residential properties and commercial properties for sale; Property investments in residential and commercial properties and investment in Real Estate Investment Trusts; Hotels management and operations; and Plantation operation of oil palm estates and sale of fresh fruit bunches. It generates maximum revenue from the Property development segment. It has operations only in Malaysia.

Guocoland Malaysia Bhd (XKLS:1503) Headlines

No Headlines