AirAsia X Bhd (XKLS:5238) Interest Expense : RM-133 Mil (TTM As of Mar. 2024)

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What is AirAsia X Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AirAsia X Bhd's interest expense for the three months ended in Mar. 2024 was RM -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-133 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. AirAsia X Bhd's Operating Income for the three months ended in Mar. 2024 was RM 150 Mil. AirAsia X Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -39 Mil. AirAsia X Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 3.90. 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.

AirAsia X Bhd Interest Expense Historical Data

The historical data trend for AirAsia X 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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AirAsia X Bhd Interest Expense Chart

AirAsia X Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec23

Interest Expense

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-37.72

-36.48

-28.29

-311.59

-112.60

AirAsia X Bhd Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-18.58	-20.41	-23.98	-49.64	-38.51

AirAsia X 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-133 Mil.

AirAsia X Bhd (XKLS:5238) 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.

AirAsia X Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-39 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM150 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM1,354 Mil.

AirAsia X 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	*	150.317	/	-38.509
	=	3.90

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. AirAsia X Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

AirAsia X Bhd (XKLS:5238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AirAsia X Bhd (XKLS:5238) » Definitions » Interest Expense

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Address

RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000

Website

http://www.airasiax.com

AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

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