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Silver Ridge Holdings Bhd (XKLS:0129) Interest Expense : RM-0.21 Mil (TTM As of Mar. 2024)


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What is Silver Ridge Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Silver Ridge Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.09 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.21 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. Silver Ridge Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 0.32 Mil. Silver Ridge Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.09 Mil. Silver Ridge Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 3.78. 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.

Silver Ridge Holdings Bhd Interest Expense Historical Data

The historical data trend for Silver Ridge 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.

Silver Ridge Holdings Bhd Interest Expense Chart

Silver Ridge Holdings Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.25 -0.27 -0.19 -0.30

Silver Ridge Holdings 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 -0.05 -0.05 -0.06 -0.01 -0.09

Silver Ridge 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.21 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.

Silver Ridge Holdings Bhd  (XKLS:0129) 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.

Silver Ridge Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.09 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM0.32 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM1.73 Mil.

Silver Ridge Holdings 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*0.321/-0.085
=3.78

* 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.

Silver Ridge Holdings Bhd (XKLS:0129) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silver Ridge Holdings Bhd (XKLS:0129) » Definitions » Interest Expense
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XKLS:7184 XKLS:0178 XKLS:0102 XKLS:7226 XKLS:0035 XKLS:0085 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345 SHSE:600745 JNPR UI CIEN
Traded in Other Exchanges
N/A
Address
4 - 6, Jalan 28/70A, Desa Sri Hartamas, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 50480
Website
https://www.silverridge.com.my
Silver Ridge Holdings Bhd is involved in investment holding and provision of a management services business. The company provides telecommunication system architecture and design, next-generation network solution as well as telecommunication related software solutions. It derives a majority of revenue from telecommunication solutions. The telecommunication solutions provide includes 3G network architecture and engineering system design, customisation and optimisation solution; In-Building Radio Frequency Coverage and Quality (EIQ); Power Load Solutions (PLS); Base Station Subsystems Solutions (BSS); Multi-Service Access Node (MSAN) system architecture and design and others.

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