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N2N Connect Bhd (XKLS:0108) Interest Expense : RM-0.1 Mil (TTM As of Mar. 2024)


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What is N2N Connect Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. N2N Connect Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.1 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. N2N Connect Bhd's Operating Income for the three months ended in Mar. 2024 was RM 4.9 Mil. N2N Connect Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.0 Mil. N2N Connect Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 162.03. 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.

N2N Connect Bhd Interest Expense Historical Data

The historical data trend for N2N Connect 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.

N2N Connect Bhd Interest Expense Chart

N2N Connect Bhd 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 -1.38 -0.70 -0.32 -0.07 -0.07

N2N Connect 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 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 -0.03 -0.03 -0.03

N2N Connect 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 RM-0.1 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.

N2N Connect Bhd  (XKLS:0108) 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.

N2N Connect Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM4.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM2.0 Mil.

N2N Connect 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*4.861/-0.03
=162.03

* 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. N2N Connect Bhd has enough cash to cover all of its debt. Its financial situation is stable.

N2N Connect Bhd (XKLS:0108) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » N2N Connect Bhd (XKLS:0108) » Definitions » Interest Expense
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XKLS:0065 XKLS:0258 XKLS:0050 XKLS:0023 XKLS:0051 XKLS:0276 XKLS:0176 XKLS:0236 XKLS:0026 XKLS:0119 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Avenue 3 Bangsar South No.8, Jalan Kerinchi, Wisma N2N, Level 9, Tower 2, Kuala Lumpur, MYS, 59200
Website
https://www.n2nconnect.com
N2N Connect Bhd is an investment holding company. It is engaged in the research and development of software packages, provider of design, programming, consultancy services and related activities. Its products include TCProGlobal, TCPlus, TCMobile, and TCBOS and services range from online trading portals within the stockbroking industry, hosting and managing network services, to wealth and risk management solutions. It operates in Malaysia, Hong Kong, and other countries and generates the majority of the revenue from Hong Kong.

N2N Connect Bhd (XKLS:0108) Headlines

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