S P Setia Bhd (XKLS:8664PB.PFD) Interest Expense : RM-349.08 Mil (TTM As of Dec. 2023)

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What is S P Setia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. S P Setia Bhd's interest expense for the three months ended in Dec. 2023 was RM -83.32 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-349.08 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. S P Setia Bhd's Operating Income for the three months ended in Dec. 2023 was RM 292.27 Mil. S P Setia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -83.32 Mil. S P Setia Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 3.51. 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.

S P Setia Bhd Interest Expense Historical Data

The historical data trend for S P Setia 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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S P Setia Bhd Interest Expense Chart

S P Setia Bhd Annual Data

Trend

Oct13

Oct14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-228.47

-205.71

-187.86

-252.39

-339.42

S P Setia 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															-82.35	-76.39	-94.10	-95.28	-83.32

S P Setia 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-349.08 Mil.

S P Setia Bhd (XKLS:8664PB.PFD) 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.

S P Setia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-83.32 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM292.27 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM7,104.87 Mil.

S P Setia 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	*	292.267	/	-83.315
	=	3.51

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. S P Setia Bhd interest coverage is 2.34, which is low.

S P Setia Bhd (XKLS:8664PB.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » S P Setia Bhd (XKLS:8664PB.PFD) » Definitions » Interest Expense

Traded in Other Exchanges

8664PA.PFD:Malaysia 8664:Malaysia

Address

12, Persiaran Setia Dagang, Setia Alam, Seksyen U13, S P Setia Berhad Corporate HQ, Shah Alam, MYS, 40170

Website

https://www.spsetia.com

S P Setia Bhd is a general real estate company that reports in three segments: Property Development, Construction, and Other operations. The vast majority of Setia's revenue is generated by its property development business, which focuses on developing residential and commercial facilities, followed by its construction segment. Setia's construction segment focuses on building and highway construction. The company considers merger and acquisition investment as a component of its operational growth strategy.

S P Setia Bhd (XKLS:8664PB.PFD) Headlines

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