Cloudpoint Technology Bhd (XKLS:0277) Interest Expense : RM-0.01 Mil (TTM As of Dec. 2023)

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What is Cloudpoint Technology Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Cloudpoint Technology Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.01 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. Cloudpoint Technology Bhd's Operating Income for the three months ended in Dec. 2023 was RM 6.51 Mil. Cloudpoint Technology Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.00 Mil. Cloudpoint Technology Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 6,513.00. 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.

Cloudpoint Technology Bhd Interest Expense Historical Data

The historical data trend for Cloudpoint 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.

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Cloudpoint Technology Bhd Interest Expense Chart

Cloudpoint Technology Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.01

-0.02

-0.01

Cloudpoint Technology Bhd Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial				-0.01	-0.01	-	-	-

Cloudpoint 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.01 Mil.

Cloudpoint Technology Bhd (XKLS:0277) 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.

Cloudpoint Technology Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM6.51 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM0.00 Mil.

Cloudpoint Technology 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	*	6.513	/	-0.001
	=	6,513.00

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

Cloudpoint Technology Bhd (XKLS:0277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cloudpoint Technology Bhd (XKLS:0277) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 2, Jalan Solaris, Unit J-6-13, Block J, Solaris Mont Kiara, Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.cloudpoint-technology.com

Cloudpoint Technology Bhd is principally an investment holding company. Through Its subsidiary, CSSB, it is principally engaged in the provision of IT solutions comprising enterprise and data centre networking, cybersecurity solutions, professional IT services as well as cloud services and software applications. The company implements solutions and provides Its services mainly to large enterprises, particularly companies in the financial services, insurance, telecommunications industries, and other technology service providers in Malaysia. It also provides our solutions to multinational companies to cater to their operations based in Malaysia.

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