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United Plantation Berhad (OCSE:UPB) Interest Expense : kr-1 Mil (TTM As of Mar. 2024)


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What is United Plantation Berhad Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Plantation Berhad's interest expense for the three months ended in Mar. 2024 was kr -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was kr-1 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. United Plantation Berhad's Operating Income for the three months ended in Mar. 2024 was kr 248 Mil. United Plantation Berhad's Interest Expense for the three months ended in Mar. 2024 was kr -0 Mil. United Plantation Berhad's Interest Coverage for the quarter that ended in Mar. 2024 was 20,675.50. 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.


United Plantation Berhad Interest Expense Historical Data

The historical data trend for United Plantation Berhad'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.

United Plantation Berhad Interest Expense Chart

United Plantation Berhad Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.04 -0.04 -3.68 -1.10

United Plantation Berhad 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 -0.28 -0.27 -0.27 -0.30 -0.01

United Plantation Berhad 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 kr-1 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.


United Plantation Berhad  (OCSE:UPB) 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.

United Plantation Berhad's Interest Expense for the three months ended in Mar. 2024 was kr-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr248 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was kr19 Mil.

United Plantation Berhad'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*248.106/-0.012
=20,675.50

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. United Plantation Berhad has enough cash to cover all of its debt. Its financial situation is stable.


United Plantation Berhad (OCSE:UPB) Business Description

Traded in Other Exchanges
Address
Jendarata Estate, Teluk Intan, PRK, MYS, 36009
United Plantation Berhad cultivates and processes palm oil, coconuts, and other plantation crops. Its subsidiaries process and manufacture palm oil until it is ready to be packaged and distributed to customers worldwide. It owns light railway to transport products from palm trees to a handful of mills located on its property. Coconuts can be sold at a young age for drinking purposes, or as mature nuts to help produce milk, powders, and other products. End products produced by the company include cooking oils, ready-to-eat oils, soaps, and specialty fats. The remaining waste water and discharge from mill operations are used to produce fertilizers or shipped to ponds where it can be purified and released to rivers and waterways.

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