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IOI Properties Group Bhd (IOI Properties Group Bhd) Interest Expense : $-0.2 Mil (TTM As of Mar. 2024)


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What is IOI Properties Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IOI Properties Group Bhd's interest expense for the three months ended in Mar. 2024 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.2 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. IOI Properties Group Bhd's Operating Income for the three months ended in Mar. 2024 was $ 48.0 Mil. IOI Properties Group Bhd's Interest Expense for the three months ended in Mar. 2024 was $ -0.0 Mil. IOI Properties Group Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 4,364.45. 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.


IOI Properties Group Bhd Interest Expense Historical Data

The historical data trend for IOI Properties Group 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.

IOI Properties Group Bhd Interest Expense Chart

IOI Properties Group Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.03 -0.06 -7.82 -0.53

IOI Properties Group 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 -0.16 -0.09 -0.08 -0.04 -0.01

IOI Properties Group 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 $-0.2 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.


IOI Properties Group Bhd  (OTCPK:IOIHF) 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.

IOI Properties Group Bhd's Interest Expense for the three months ended in Mar. 2024 was $-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $48.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,992.1 Mil.

IOI Properties Group 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*48.009/-0.011
=4,364.45

* 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.


IOI Properties Group Bhd (IOI Properties Group Bhd) Business Description

Traded in Other Exchanges
Address
Level 29, IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, MYS, 62502
IOI Properties Group Bhd is a Malaysian investment holding company in the property development sector. The company has a business portfolio that encompasses four segments: hospitality and leisure, property development, property investment and Other operations. The company mainly develops residential, commercial, and industrial properties, and it invests in retail, commercial, and office space. Additionally, other operations include landscape services and building services management. The property development segment generates most of the company's revenue. The company generates the majority of its revenue in Malaysia.

IOI Properties Group Bhd (IOI Properties Group Bhd) Headlines

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