Elridge Energy Holdings Bhd (XKLS:0318) Interest Expense : RM Mil (TTM As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Elridge Energy Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Elridge Energy Holdings Bhd's interest expense for the six months ended in Dec. 2023 was RM -1.9 Mil. Elridge Energy Holdings Bhd does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Elridge Energy Holdings Bhd's Operating Income for the six months ended in Dec. 2023 was RM 30.1 Mil. Elridge Energy Holdings Bhd's Interest Expense for the six months ended in Dec. 2023 was RM -1.9 Mil. Elridge Energy Holdings Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 15.67. 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.

Elridge Energy Holdings Bhd Interest Expense Historical Data

The historical data trend for Elridge Energy Holdings 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.

Elridge Energy Holdings Bhd Interest Expense Chart

Elridge Energy Holdings Bhd Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.88

-2.17

-1.92

Elridge Energy Holdings Bhd Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-0.88	-2.17	-1.92

Elridge Energy Holdings Bhd Interest Expense Calculation

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

Elridge Energy Holdings Bhd (XKLS:0318) 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.

Elridge Energy Holdings Bhd's Interest Expense for the six months ended in Dec. 2023 was RM-1.9 Mil. Its Operating Income for the six months ended in Dec. 2023 was RM30.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was RM15.6 Mil.

Elridge Energy Holdings 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	*	30.058	/	-1.918
	=	15.67

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

Elridge Energy Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Elridge Energy Holdings Bhd (XKLS:0318) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000

Website

https://www.bioeneco.com

Elridge Energy Holdings Bhd is principally involved in the manufacturing and trading of biomass fuel products, particularly PKS and wood pellets. Biomass fuel products are energy sources derived from organic materials, that are burned or combusted to generate heat or electricity. PKS is a form of biomass fuel product that is derived from the shell fractions left after oil is extracted from palm kernels. Meanwhile, wood pellets are a form of biomass fuel products produced from sawdust, wood chips, offcut and wood slabs, which are industrial wastes from timber milling.

Elridge Energy Holdings Bhd Headlines

No Headlines