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Vsolar Group Bhd (XKLS:0066) Interest Expense : RM-0.05 Mil (TTM As of Dec. 2024)


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What is Vsolar Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vsolar Group Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-0.05 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. Vsolar Group Bhd's Operating Income for the three months ended in Dec. 2024 was RM 2.72 Mil. Vsolar Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.01 Mil. Vsolar Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 194.07. 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.

Vsolar Group Bhd Interest Expense Historical Data

The historical data trend for Vsolar 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.

Vsolar Group Bhd Interest Expense Chart

Vsolar Group Bhd Annual Data
Trend Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.06 -0.07 -0.07 -0.06

Vsolar Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.01 -0.01 -0.02 -0.01 -0.01

Vsolar 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.05 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.

Vsolar Group Bhd  (XKLS:0066) 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.

Vsolar Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.01 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM2.72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM1.99 Mil.

Vsolar Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.717/-0.014
=194.07

* 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.

Vsolar Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vsolar Group Bhd (XKLS:0066) » Definitions » Interest Expense
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XKLS:0038 XKLS:0006 XKLS:0086 XKLS:0218 XKLS:5037 XKLS:9377 SZSE:000938 SNX XPAR:RXL ARW AVT NSIT LSE:SCT TPE:2347 XSWX:ALSN SZSE:000062 TPE:3702 TPE:2354 SZSE:002402 TSE:3132
Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 13.3, 13th Floor, Menara Lien Hoe, Tropicana Golf & Country Resort, Petaling Jaya, SGR, MYS, 47410
Website
https://www.vsolar.com.my
Vsolar Group Bhd is an investment holding company as well as renewable energy, media publishing, software solutions and production house based in Malaysia. The company's operating segment includes Engineering works; Trading; Solar Energy and Others. It generates maximum revenue from the Trading segment. The trading segment is engaged in the trading of computer hardware. The solar energy segment is engaged in the supply of solar energy. Other segments comprise investment holding, trading, and distribution of software, providing information technology services and dormant companies. Geographically, it operates only in Malaysia. Engineering works segment engaged in Business of engineering solutions provider in connection with renewal energy business and other related engineering works.

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