Minox International Group Bhd (XKLS:0288) Interest Expense : RM-1.28 Mil (TTM As of Dec. 2023)

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What is Minox International Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Minox International Group Bhd's interest expense for the six months ended in Dec. 2023 was RM -1.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-1.28 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. Minox International Group Bhd's Operating Income for the six months ended in Dec. 2023 was RM 8.66 Mil. Minox International Group Bhd's Interest Expense for the six months ended in Dec. 2023 was RM -1.28 Mil. Minox International Group Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 6.79. 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.

Minox International Group Bhd Interest Expense Historical Data

The historical data trend for Minox International 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.

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Minox International Group Bhd Interest Expense Chart

Minox International Group Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1.13

-1.00

-0.99

-1.10

-1.28

Minox International Group Bhd Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	-1.13	-1.00	-0.99	-1.10	-1.28

Minox International Group Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-1.28 Mil.

Minox International Group Bhd (XKLS:0288) 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.

Minox International Group Bhd's Interest Expense for the six months ended in Dec. 2023 was RM-1.28 Mil. Its Operating Income for the six months ended in Dec. 2023 was RM8.66 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was RM21.00 Mil.

Minox International Group 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	*	8.657	/	-1.275
	=	6.79

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

Minox International Group Bhd (XKLS:0288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Minox International Group Bhd (XKLS:0288) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

3, Jalan Industri PBP 11, Taman Industri Pusat Bandar Puchong, Puchong, SGR, MYS, 47100

Website

https://www.minox.biz

Minox International Group Bhd is principally an investment holding company. It is involved in the distribution of stainless steel sanitary valves, tubes & fittings, installation components & equipment, rubber hoses under its MINOX brand and other related products.

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