Unitrade Industries Bhd (XKLS:0247) Interest Expense : RM-26 Mil (TTM As of Dec. 2024)

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What is Unitrade Industries Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Unitrade Industries Bhd's interest expense for the three months ended in Dec. 2024 was RM -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-26 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. Unitrade Industries Bhd's Operating Income for the three months ended in Dec. 2024 was RM 14 Mil. Unitrade Industries Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -7 Mil. Unitrade Industries Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 2.04. 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.

Unitrade Industries Bhd Interest Expense Historical Data

The historical data trend for Unitrade Industries 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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Unitrade Industries Bhd Interest Expense Chart

Unitrade Industries Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-16.79

-13.91

-13.02

-18.37

-24.62

Unitrade Industries Bhd Quarterly Data
	Mar19	Mar20	Mar21	Nov21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial											-6.76	-6.52	-5.81	-6.53	-6.73

Unitrade Industries 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-26 Mil.

Unitrade Industries Bhd (XKLS:0247) 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.

Unitrade Industries Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-7 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM132 Mil.

Unitrade Industries 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	*	13.724	/	-6.728
	=	2.04

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Unitrade Industries Bhd interest coverage is 1.55, which is low.

Unitrade Industries Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Unitrade Industries Bhd (XKLS:0247) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

2, Jalan Astaka U8/87, Seksyen U8, Bukit Jelutong, Shah Alam, SGR, MYS, 40150

Website

https://www.unitrade.com.my

Unitrade Industries Bhd is a supplier and distributor of construction materials including pipe fittings and valves. The segments of the company are the Wholesale and distribution of building materials for mechanical and engineering (M&E) works comprising pipes, valves, fittings, and accessories, and civil works comprising reinforcement steel, structural steel, and other building material; Manufacturing and sale of pre-insulated pipes; Rental of temporary structural support equipment and Others. The company earns the maximum of its revenue from the Wholesale and distribution segment. The Group operates in Malaysia.

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