Quality Concrete Holdings Bhd (XKLS:7544) Interest Expense : RM-4.7 Mil (TTM As of Oct. 2023)

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What is Quality Concrete Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Quality Concrete Holdings Bhd's interest expense for the three months ended in Oct. 2023 was RM -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was RM-4.7 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. Quality Concrete Holdings Bhd's Operating Income for the three months ended in Oct. 2023 was RM 1.7 Mil. Quality Concrete Holdings Bhd's Interest Expense for the three months ended in Oct. 2023 was RM -1.5 Mil. Quality Concrete Holdings Bhd's Interest Coverage for the quarter that ended in Oct. 2023 was 1.12. 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.

Quality Concrete Holdings Bhd Interest Expense Historical Data

The historical data trend for Quality Concrete Holdings 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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Quality Concrete Holdings Bhd Interest Expense Chart

Quality Concrete Holdings Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

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-4.47

-4.25

-4.16

-4.53

-4.78

Quality Concrete Holdings Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Interest Expense	Get a 7-Day Free Trial															-1.78	-1.03	-1.21	-0.91	-1.52

Quality Concrete Holdings 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-4.7 Mil.

Quality Concrete Holdings Bhd (XKLS:7544) 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.

Quality Concrete Holdings Bhd's Interest Expense for the three months ended in Oct. 2023 was RM-1.5 Mil. Its Operating Income for the three months ended in Oct. 2023 was RM1.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was RM18.6 Mil.

Quality Concrete Holdings Bhd's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	1.698	/	-1.515
	=	1.12

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

Quality Concrete Holdings Bhd (XKLS:7544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Quality Concrete Holdings Bhd (XKLS:7544) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Jalan Tunku Abdul Rahman, Room 209, 2nd Floor, Wisma Bukit Mata Kuching, Kuching, SWK, MYS, 93100

Website

https://www.qchb.com.my

Quality Concrete Holdings Bhd is engaged in the manufacturing of concrete. The company's segment includes Property development, construction and road maintenance, Manufacturing, Trading, Quarry operations, and Investment and management services. It generates maximum revenue from the Property development, construction and road maintenance segment.

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