Nexgram Holdings Bhd (XKLS:0096) Interest Expense : RM-1.22 Mil (TTM As of Oct. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Nexgram Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nexgram Holdings Bhd's interest expense for the three months ended in Oct. 2023 was RM -0.35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was RM-1.22 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. Nexgram Holdings Bhd's Operating Income for the three months ended in Oct. 2023 was RM 4.58 Mil. Nexgram Holdings Bhd's Interest Expense for the three months ended in Oct. 2023 was RM -0.35 Mil. Nexgram Holdings Bhd's Interest Coverage for the quarter that ended in Oct. 2023 was 13.01. 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.

Nexgram Holdings Bhd Interest Expense Historical Data

The historical data trend for Nexgram Holdings 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.

Nexgram Holdings Bhd Interest Expense Chart

Nexgram Holdings Bhd Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Jul17

Jul18

Jul19

Jul20

Jul21

Interest Expense

Get a 7-Day Free Trial

-4.25

-4.31

-4.19

-2.16

-3.86

Nexgram Holdings Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.79	-0.25	-0.56	-0.31	-0.35

Nexgram Holdings 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-1.22 Mil.

Nexgram Holdings Bhd (XKLS:0096) 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.

Nexgram Holdings Bhd's Interest Expense for the three months ended in Oct. 2023 was RM-0.35 Mil. Its Operating Income for the three months ended in Oct. 2023 was RM4.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was RM10.60 Mil.

Nexgram Holdings Bhd's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	4.581	/	-0.352
	=	13.01

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. Nexgram Holdings Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Nexgram Holdings Bhd (XKLS:0096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexgram Holdings Bhd (XKLS:0096) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Jalan Bangsar, BO2-A-16, Menara 3, KL Eco City, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

http://www.nexgram.co

Nexgram Holdings Bhd is an investment holding company. The business activity of the firm functions through Information Technology Services (ICT), Property Investment, Healthcare, Logistics segments, and Investment holding. It generates maximum revenue from Information Technology Services (ICT) segment. The ICT segment focuses on trading and distribution of security and video surveillance equipment. Geographically, it derives a majority of revenue from Malaysia.

Nexgram Holdings Bhd (XKLS:0096) Headlines

No Headlines