Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Interest Expense : RM-7 Mil (TTM As of Dec. 2023)

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What is Harrisons Holdings (Malaysia) Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Harrisons Holdings (Malaysia) Bhd's interest expense for the three months ended in Dec. 2023 was RM -2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-7 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. Harrisons Holdings (Malaysia) Bhd's Operating Income for the three months ended in Dec. 2023 was RM 25 Mil. Harrisons Holdings (Malaysia) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -2 Mil. Harrisons Holdings (Malaysia) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 11.10. 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.

Harrisons Holdings (Malaysia) Bhd Interest Expense Historical Data

The historical data trend for Harrisons Holdings (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.

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Harrisons Holdings (Malaysia) Bhd Interest Expense Chart

Harrisons Holdings (Malaysia) Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-9.85

-7.16

-4.86

-5.61

-7.39

Harrisons Holdings (Malaysia) 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															-1.88	-1.72	-1.70	-1.74	-2.23

Harrisons Holdings (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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-7 Mil.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) 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.

Harrisons Holdings (Malaysia) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-2 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM54 Mil.

Harrisons Holdings (Malaysia) 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	*	24.709	/	-2.227
	=	11.10

The higher the ratio, the stronger the company's financial strength is.

Harrisons Holdings (Malaysia) Bhd (XKLS:5008) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Harrisons Holdings (Malaysia) Bhd (XKLS:5008) » Definitions » Interest Expense

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Address

10, Jalan Raja Laut, Unit 9A, 9th Floor, Wisma Bumi Raya, Wisma Bumi Raya, Kuala Lumpur, MYS, 50350

Website

https://www.harrisons.com.my

Harrisons Holdings (Malaysia) Bhd is a sale, marketing, warehousing, distribution, and services organization in Malaysia. It has three reporting business segments: Trading and distribution; Retail; and Shipping and others. The Trading and distribution segment operations generate majority revenue for the company which comprises trading and distribution of consumer products, building materials, industrial and agricultural chemical products, and liquor products. It has a business presence in Sabah, Sarawak, Peninsular Malaysia and Singapore.

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