Nestle Malaysia Bhd (Nestle Malaysia Bhd) Interest Expense : $-13 Mil (TTM As of Mar. 2024)

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What is Nestle Malaysia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nestle Malaysia Bhd's interest expense for the three months ended in Mar. 2024 was $ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-13 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. Nestle Malaysia Bhd's Operating Income for the three months ended in Mar. 2024 was $ 58 Mil. Nestle Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was $ -3 Mil. Nestle Malaysia Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 19.58. 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.

Nestle Malaysia Bhd Interest Expense Historical Data

The historical data trend for Nestle Malaysia 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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Nestle Malaysia Bhd Interest Expense Chart

Nestle Malaysia Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-9.81

-8.75

-8.51

-10.20

-13.03

Nestle Malaysia 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															-3.34	-3.10	-3.23	-3.50	-2.96

Nestle Malaysia 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 $-13 Mil.

Nestle Malaysia Bhd (OTCPK:NSLYF) 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.

Nestle Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was $-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was $58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $98 Mil.

Nestle Malaysia 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	*	57.991	/	-2.961
	=	19.58

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

Nestle Malaysia Bhd (Nestle Malaysia Bhd) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Malaysia Bhd (OTCPK:NSLYF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

4707:Malaysia

Address

No. 1, Persiaran Bandar Utama, Level 22, 1 Powerhouse, Bandar Utama, Petaling Jaya, SGR, MYS, 47800

Website

https://www.nestle.com.my

Nestle Malaysia Bhd is a Malaysian investment holding company owned by Nestle. The business activities of the group are functioned through Food and beverages and Others segments. The products offered by the group are related to dairy, beverages, food, Nestle Professional, Nestle Ice Cream, confectionery, chilled dairy, infant nutrition, and health science. The main geography is the domestic market, representing approximately 80% of total sales. The most well-known brands are Nescafe, Maggi, Nespray, Kit Kat, and Milo.

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