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Malaysian Resources Bhd (XKLS:1651) Interest Expense : RM-37 Mil (TTM As of Dec. 2023)


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What is Malaysian Resources Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Malaysian Resources Bhd's interest expense for the three months ended in Dec. 2023 was RM 50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-37 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. Malaysian Resources Bhd's Operating Income for the three months ended in Dec. 2023 was RM -82 Mil. Malaysian Resources Bhd's Interest Expense for the three months ended in Dec. 2023 was RM 50 Mil. Malaysian 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.


Malaysian Resources Bhd Interest Expense Historical Data

The historical data trend for Malaysian 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.

Malaysian Resources Bhd Interest Expense Chart

Malaysian Resources 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 -41.75 -61.09 -46.15 -32.01 -36.51

Malaysian Resources 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 39.94 -27.85 -28.87 -30.17 50.37

Malaysian 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 quarterly data reported by the company within the most recent 12 months, which was RM-37 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.


Malaysian Resources Bhd  (XKLS:1651) 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.

Malaysian Resources Bhd's Interest Expense for the three months ended in Dec. 2023 was RM50 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM-82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM1,518 Mil.

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

* 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. Malaysian Resources Corp Bhd interest coverage is 1.43, which is low.


Malaysian Resources Bhd (XKLS:1651) Business Description

Traded in Other Exchanges
N/A
Address
No. 203, Jalan Tun Sambanthan, Level 30, Menara Allianz Sentral, Kuala Lumpur Sentral, Kuala Lumpur, MYS, 50470
Malaysian Resources Corp Bhd is an investment holding company engaged in construction and property development. The group has four reportable segments: Property development and Investment, Engineering, Construction and environment, and others. Geographically it derives the majority of its revenue from Malaysia and also has a presence in Australia, Hong Kong, and New Zealand.

Malaysian Resources Bhd (XKLS:1651) Headlines

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