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Sarawak Consolidated Industries Bhd (XKLS:9237) Interest Expense : RM-2.2 Mil (TTM As of Dec. 2023)


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What is Sarawak Consolidated Industries Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sarawak Consolidated Industries Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-2.2 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. Sarawak Consolidated Industries Bhd's Operating Income for the three months ended in Dec. 2023 was RM 1.8 Mil. Sarawak Consolidated Industries Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.6 Mil. Sarawak Consolidated Industries Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 2.97. 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.


Sarawak Consolidated Industries Bhd Interest Expense Historical Data

The historical data trend for Sarawak Consolidated Industries 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.

Sarawak Consolidated Industries Bhd Interest Expense Chart

Sarawak Consolidated Industries Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.91 -1.85 -2.90 -1.84 -2.07

Sarawak Consolidated Industries Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 -0.53 -0.49 -0.54 -0.52 -0.62

Sarawak Consolidated Industries 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-2.2 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.


Sarawak Consolidated Industries Bhd  (XKLS:9237) 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.

Sarawak Consolidated Industries Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.6 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM1.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM23.1 Mil.

Sarawak Consolidated Industries 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*1.846/-0.621
=2.97

* 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.


Sarawak Consolidated Industries Bhd (XKLS:9237) Business Description

Traded in Other Exchanges
N/A
Address
Lot 1258, Jalan Utama, Pending Industrial Estate, Kuching, SWK, MYS, 93450
Sarawak Consolidated Industries Bhd is an investment holding company. The company's business segments are manufacturing, property trading, Corporate and Construction/EPCC/Project Management Segment. It generates maximum revenue from the Manufacturing segment. Manufacturing Segment involved in the manufacturing and sale of precast concrete pipes, prestressed spun concrete piles and other related concrete products as well as the manufacturing, supplying and installations of prefabricated Lightweight Systems products. Geographically it derives majority of revenue from Malaysia and also in presence in Indonesia, Oman and Qatar.

Sarawak Consolidated Industries Bhd (XKLS:9237) Headlines

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