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K. Seng Seng Bhd (XKLS:5192) Interest Expense : RM-5.6 Mil (TTM As of Mar. 2024)


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What is K. Seng Seng Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. K. Seng Seng Bhd's interest expense for the three months ended in Mar. 2024 was RM -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-5.6 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. K. Seng Seng Bhd's Operating Income for the three months ended in Mar. 2024 was RM 3.3 Mil. K. Seng Seng Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -1.6 Mil. K. Seng Seng Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 2.10. 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.

K. Seng Seng Bhd Interest Expense Historical Data

The historical data trend for K. Seng Seng 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.

K. Seng Seng Bhd Interest Expense Chart

K. Seng Seng 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 -1.65 -1.36 -1.62 -2.78 -4.84

K. Seng Seng 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 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 -0.81 -1.14 -1.34 -1.56 -1.58

K. Seng Seng 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-5.6 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.

K. Seng Seng Bhd  (XKLS:5192) 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.

K. Seng Seng Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-1.6 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM21.4 Mil.

K. Seng Seng 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*3.305/-1.575
=2.10

* 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.

K. Seng Seng Bhd (XKLS:5192) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » K. Seng Seng Corp Bhd (XKLS:5192) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Lot 3707, Jalan 7/5, Taman Industri Selesa Jaya, Balakong, SGR, MYS, 43300
Website
https://www.kssc.com.my
K. Seng Seng Corp Bhd is an investment holding company. It operates through the segments of Stainless steel and metal-related products; Marine hardware and consumables, Other industrial hardware, Investment holding, and Engineering works. The group has a business presence in Malaysia and other countries. The key revenue is derived from the Stainless Steel and metal-related products segment which involves the manufacture and sales of stainless steel tubes and pipes; and the processing of stainless steel sheets products.

K. Seng Seng Bhd (XKLS:5192) Headlines

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