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MTAG Group Bhd (XKLS:0213) Interest Expense : RM-0.10 Mil (TTM As of Dec. 2024)


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What is MTAG Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MTAG Group Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.02 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-0.10 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. MTAG Group Bhd's Operating Income for the three months ended in Dec. 2024 was RM 2.96 Mil. MTAG Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.02 Mil. MTAG Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 185.00. 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.

MTAG Group Bhd Interest Expense Historical Data

The historical data trend for MTAG Group 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.

MTAG Group Bhd Interest Expense Chart

MTAG Group Bhd Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.08 -0.03 -0.03 -0.06 -0.10

MTAG Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.02 -0.01 -0.04 -0.03 -0.02

MTAG Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.10 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.

MTAG Group Bhd  (XKLS:0213) 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.

MTAG Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.02 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM2.96 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM0.19 Mil.

MTAG Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2.96/-0.016
=185.00

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

MTAG Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MTAG Group Bhd (XKLS:0213) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Kawasan Perindustrian Tebrau III, PLO 226, Jalan Kencana Mas, Johor Bahru, Johor, MYS, 81100
Website
https://www.mtaggroup.com
MTAG Group Bhd is a converter company providing the services of label and sticker printing and customized converting services for various materials. In addition, it distributes industrial tapes and adhesive products under the brands 3M and Henkel. Its segments consist of Converting, Distribution and Investment holding. The company operates in Malaysia. It derives maximum revenue from Converting Segment. The products of the company include Toyo Sho, Intag Industrial and Intag Steel.

MTAG Group Bhd Headlines

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