Go Innovate Asia Bhd (XKLS:03028) Interest Expense : RM-0 Mil (TTM As of Dec. 2024)

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What is Go Innovate Asia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Go Innovate Asia Bhd's interest expense for the six months ended in Dec. 2024 was RM -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-0 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. Go Innovate Asia Bhd's Operating Income for the six months ended in Dec. 2024 was RM -13 Mil. Go Innovate Asia Bhd's Interest Expense for the six months ended in Dec. 2024 was RM -0 Mil. Go Innovate Asia 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.

Go Innovate Asia Bhd Interest Expense Historical Data

The historical data trend for Go Innovate Asia 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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Go Innovate Asia Bhd Interest Expense Chart

Go Innovate Asia Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-0.21

-0.59

-0.47

-0.25

-0.28

Go Innovate Asia Bhd Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial									-0.18	-0.15	-0.11	-0.07	-0.21

Go Innovate Asia 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 semi-annually data reported by the company within the most recent 12 months, which was RM-0 Mil.

Go Innovate Asia Bhd (XKLS:03028) 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.

Go Innovate Asia Bhd's Interest Expense for the six months ended in Dec. 2024 was RM-0 Mil. Its Operating Income for the six months ended in Dec. 2024 was RM-13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2024 was RM2 Mil.

Go Innovate Asia Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Go Innovate Asia Bhd did not have earnings to cover the interest expense.

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

Go Innovate Asia Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Go Innovate Asia Bhd (XKLS:03028) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19-1, Jalan USJ 10/1D, Subang Jaya, Kuala Lumpur, SGR, MYS, 47620

Website

https://www.ace2u.com

Go Innovate Asia Bhd Formerly Ace Innovate Asia Bhd is a gold bullion trader based in Malaysia. The company trades in physical gold products such as scrap gold bars, cast gold bars and minted gold bars. It is also involved in assaying services as well as participate as a market maker for Bursa Malaysia Derivatives Gold Futures Contract and PT Bursa Komoditi dan Derivatif Indonesia. Its segments include Bullion trading of physical gold products and Provision of related products and services.

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