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Mestron Holdings Bhd (XKLS:0207) Interest Expense : RM-2.4 Mil (TTM As of Sep. 2024)


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What is Mestron Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mestron Holdings Bhd's interest expense for the three months ended in Sep. 2024 was RM -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was RM-2.4 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. Mestron Holdings Bhd's Operating Income for the three months ended in Sep. 2024 was RM 3.4 Mil. Mestron Holdings Bhd's Interest Expense for the three months ended in Sep. 2024 was RM -0.8 Mil. Mestron Holdings Bhd's Interest Coverage for the quarter that ended in Sep. 2024 was 4.41. 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.

Mestron Holdings Bhd Interest Expense Historical Data

The historical data trend for Mestron 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.

Mestron Holdings Bhd Interest Expense Chart

Mestron Holdings Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.90 -0.34 -0.10 -0.71 -1.73

Mestron Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.54 -0.30 -0.78 -0.59 -0.77

Mestron 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.4 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.

Mestron Holdings Bhd  (XKLS:0207) 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.

Mestron Holdings Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-0.8 Mil. Its Operating Income for the three months ended in Sep. 2024 was RM3.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was RM19.5 Mil.

Mestron Holdings Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*3.379/-0.767
=4.41

* 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.

Mestron Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mestron Holdings Bhd (XKLS:0207) » Definitions » Interest Expense
Comparable Companies
XKLS:9466 XKLS:5843 XKLS:7225 XKLS:6971 XKLS:8443 XKLS:7091 XKLS:0240 XKLS:5568 XKLS:0232 XKLS:7199 ATI MLI XTER:TKA SHSE:688122 TPE:2474 ESAB SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
N/A
Address
PT 50102, Jalan MU 1/9 Seksyen 10, Taman Perindustrian Meranti Utama, Puchong, SGR, MYS, 47120
Website
https://www.mestron.com.my
Mestron Holdings Bhd specializes in steel poles, providing a range of products like Standard and Decorative Street Light Poles, Telecommunication Monopoles, High Mast Poles, Camera Poles, Traffic Poles, and specialized options for Oil & Gas and Mining industries. The company operates in two segments: Manufacturing focused on producing various steel poles, and Trading, which deals in outdoor lighting products, renewable energy, and property development. The Manufacturing segment drives the majority of the company's revenue, highlighting its core expertise in pole manufacturing.

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