GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Varia Bhd (XKLS:5006) » Definitions » Interest Expense

Varia Bhd (XKLS:5006) Interest Expense : RM-0.89 Mil (TTM As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Varia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Varia Bhd's interest expense for the three months ended in Dec. 2023 was RM -1.03 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.89 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. Varia Bhd's Operating Income for the three months ended in Dec. 2023 was RM 6.00 Mil. Varia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -1.03 Mil. Varia Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 5.83. 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.


Varia Bhd Interest Expense Historical Data

The historical data trend for Varia 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.

Varia Bhd Interest Expense Chart

Varia Bhd Annual Data
Trend Jan13 Jan14 Jan15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.54 -0.39 -0.27 -0.86 -1.00

Varia 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 -0.52 0.53 -0.26 -0.13 -1.03

Varia 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-0.89 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.


Varia Bhd  (XKLS:5006) 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.

Varia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-1.03 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM6.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM105.20 Mil.

Varia 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*6/-1.03
=5.83

* 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.


Varia Bhd (XKLS:5006) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Zuhal U5/178, Seksyen U5, A-13A, Pusat Komersial Arena Bintang, Seksyen U5, Shah Alam, SGR, MYS, 40150
Varia Bhd formerly Stella Holdings Bhd is an investment holding company. The company's segment includes Investment holding; Construction; Property investment; Maintenance, facility management and services; Oil and gas; Property development; Healthcare and others. It generates maximum revenue from the Property development segment. The Property development segment includes the development of housing and commercial units for sales to house and shop purchasers.

Varia Bhd (XKLS:5006) Headlines

No Headlines