Radiant Globaltech Bhd (XKLS:0202) Interest Expense : RM-0.1 Mil (TTM As of Dec. 2023)

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What is Radiant Globaltech Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Radiant Globaltech Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Radiant Globaltech Bhd's Operating Income for the three months ended in Dec. 2023 was RM 5.4 Mil. Radiant Globaltech Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.0 Mil. Radiant Globaltech Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 179.70. 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.

Radiant Globaltech Bhd Interest Expense Historical Data

The historical data trend for Radiant Globaltech 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.

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Radiant Globaltech Bhd Interest Expense Chart

Radiant Globaltech Bhd Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-0.20

-0.14

-0.11

-0.08

-0.10

Radiant Globaltech Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.02	-0.02	-0.01	-0.05	-0.03

Radiant Globaltech 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.1 Mil.

Radiant Globaltech Bhd (XKLS:0202) 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.

Radiant Globaltech Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.0 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM5.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM1.2 Mil.

Radiant Globaltech Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	5.391	/	-0.03
	=	179.70

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. Radiant Globaltech Bhd has enough cash to cover all of its debt. Its financial situation is stable.

Radiant Globaltech Bhd (XKLS:0202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Radiant Globaltech Bhd (XKLS:0202) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 8, Jalan Kerinchi, Vertical Business Suite, Bangsar South, Avenue 3, Unit 03-06 and 03-07, Level 3, Tower B, Kuala Lumpur, MYS, 59200

Website

https://www.rgtech.com.my

Radiant Globaltech Bhd is engaged in providing retail technology solutions including retail hardware, retail software, as well as maintenance and technical support services. It also offers a full range of retail technology solutions to its customers. The operating segments of the company are Hardware and Maintenance which is involved in the marketing, sale and installation of hardware for the retail industry and provide on-going maintenance for the hardware and software products and solutions, and Software which is involved in design, development, marketing, sales, and enhancement, customisation and implementation of third party software and in-house software. The group derives prime revenue from Malaysia.

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