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GFM Services Bhd (XKLS:0039) Interest Expense : RM-19.2 Mil (TTM As of Jun. 2024)


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What is GFM Services Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GFM Services Bhd's interest expense for the three months ended in Jun. 2024 was RM -4.9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was RM-19.2 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. GFM Services Bhd's Operating Income for the three months ended in Jun. 2024 was RM 13.8 Mil. GFM Services Bhd's Interest Expense for the three months ended in Jun. 2024 was RM -4.9 Mil. GFM Services Bhd's Interest Coverage for the quarter that ended in Jun. 2024 was 2.85. 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.

GFM Services Bhd Interest Expense Historical Data

The historical data trend for GFM Services 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.

GFM Services Bhd Interest Expense Chart

GFM Services Bhd Annual Data
Trend Aug14 Aug15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.38 -23.47 -21.07 -20.31 -19.47

GFM Services Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4.93 -4.82 -4.78 -4.71 -4.86

GFM Services 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-19.2 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.

GFM Services Bhd  (XKLS:0039) 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.

GFM Services Bhd's Interest Expense for the three months ended in Jun. 2024 was RM-4.9 Mil. Its Operating Income for the three months ended in Jun. 2024 was RM13.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was RM266.1 Mil.

GFM Services Bhd's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*13.836/-4.863
=2.85

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GFM Services Bhd interest coverage is 3.2, which is low.

GFM Services Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » GFM Services Bhd (XKLS:0039) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
A-3A-1 Melawati Corporate Centre, Jalan Bandar Melawati, Taman Melawati, Kuala Lumpur, SGR, MYS, 53100
Website
https://www.gfmservices.com.my
GFM Services Bhd is an investment holding company. Its core business is in providing Facilities Management services which include the provision of facilities operations, maintenance and management, engineering services, facilities consultancy and advisory, and facilities management services. The Concession arrangements business involves the construction and maintenance of facilities and infrastructure.

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