GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Coraza Integrated Technology Bhd (XKLS:0240) » Definitions » Interest Expense

Coraza Integrated Technology Bhd (XKLS:0240) Interest Expense : RM-0.84 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Coraza Integrated Technology Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coraza Integrated Technology Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.84 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. Coraza Integrated Technology Bhd's Operating Income for the three months ended in Mar. 2024 was RM -1.41 Mil. Coraza Integrated Technology Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.28 Mil. Coraza Integrated Technology Bhd did not have earnings to cover the interest expense. 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.

Coraza Integrated Technology Bhd Interest Expense Historical Data

The historical data trend for Coraza Integrated Technology 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.

Coraza Integrated Technology Bhd Interest Expense Chart

Coraza Integrated Technology Bhd Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -0.53 -0.52 -0.79 -0.76 -0.76

Coraza Integrated Technology Bhd Quarterly Data
Dec18 Dec19 Jun20 Dec20 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 -0.20 -0.17 -0.14 -0.25 -0.28

Coraza Integrated Technology 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-0.84 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.

Coraza Integrated Technology Bhd  (XKLS:0240) 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.

Coraza Integrated Technology Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.28 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM-1.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM19.75 Mil.

Coraza Integrated Technology Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Coraza Integrated Technology Bhd did not have earnings to cover the interest expense.

* 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.

Coraza Integrated Technology Bhd (XKLS:0240) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Coraza Integrated Technology Bhd (XKLS:0240) » Definitions » Interest Expense
Comparable Companies
XKLS:7091 XKLS:5568 XKLS:8443 XKLS:7225 XKLS:5843 XKLS:0232 XKLS:7197 XKLS:7199 XKLS:9466 XKLS:7099 ATI MLI XTER:TKA SHSE:688122 ESAB TPE:2474 SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
N/A
Address
Kawasan Industri Bukit Panchor, Lot 2777, Lorong Industri 5, Pulau Pinang, Nibong Tebal, PNG, MYS, 14300
Website
https://www.corazaintech.com
Coraza Integrated Technology Bhd is principally involved in the fabrication of sheet metal and precision machined components, as well as the provision of related services, such as design and development and value-added sub-module assembly services. The company support customers in various industries including semiconductor, instrumentation, life science and medical devices, telecommunications, aerospace, and others.

Coraza Integrated Technology Bhd (XKLS:0240) Headlines

No Headlines