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Southern Acids (M) Bhd (XKLS:5134) Interest Expense : RM-0.7 Mil (TTM As of Dec. 2023)


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What is Southern Acids (M) Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Acids (M) Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.7 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. Southern Acids (M) Bhd's Operating Income for the three months ended in Dec. 2023 was RM 12.0 Mil. Southern Acids (M) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.1 Mil. Southern Acids (M) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 81.09. 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.


Southern Acids (M) Bhd Interest Expense Historical Data

The historical data trend for Southern Acids (M) 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.

Southern Acids (M) Bhd Interest Expense Chart

Southern Acids (M) Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.41 -0.47 -0.80 -0.93

Southern Acids (M) 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 -0.14 -0.13 -0.21 -0.24 -0.15

Southern Acids (M) 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-0.7 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.


Southern Acids (M) Bhd  (XKLS:5134) 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.

Southern Acids (M) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.1 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM12.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM2.6 Mil.

Southern Acids (M) 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*12.001/-0.148
=81.09

* 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.


Southern Acids (M) Bhd (XKLS:5134) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Batu Tiga Lama, Level 29, Centro Tower, Klang, SGR, MYS, 41300
Southern Acids (M) Bhd is an investment holding and the provision of a management service company. The company's operating segment includes Oleochemical; Healthcare; Milling and Cultivation and Investments and services. It generates maximum revenue from the Milling and Cultivation segment. The Oleochemical Segment is involved in the manufacturing and marketing of fatty acids and glycerine. Its Milling and Cultivation Segment is principally engaged in the processing of Fresh Fruit Bunches. Geographically, it has a presence in Malaysia, Indonesia, Europe, America, and Other Countries.

Southern Acids (M) Bhd (XKLS:5134) Headlines

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