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Bursa Malaysia Bhd (XKLS:1818) Interest Expense : RM-0.5 Mil (TTM As of Mar. 2024)


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What is Bursa Malaysia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bursa Malaysia Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-0.5 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. Bursa Malaysia Bhd's Operating Income for the three months ended in Mar. 2024 was RM 94.3 Mil. Bursa Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.1 Mil. Bursa Malaysia Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 708.83. 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.


Bursa Malaysia Bhd Interest Expense Historical Data

The historical data trend for Bursa Malaysia 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.

Bursa Malaysia Bhd Interest Expense Chart

Bursa Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.54 -0.54 -0.54 -0.54

Bursa Malaysia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.13 -0.13 -0.13 -0.14 -0.13

Bursa Malaysia 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.5 Mil.

* 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.


Bursa Malaysia Bhd  (XKLS:1818) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Bursa Malaysia Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM94.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM7.6 Mil.

Bursa Malaysia Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*94.275/-0.133
=708.83

* 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.

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


Bursa Malaysia Bhd (XKLS:1818) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, Exchange Square, Bukit Kewangan, Kuala Lumpur, MYS, 50200
Bursa Malaysia Bhd operates a fully integrated exchange that offers a comprehensive range of products, mostly to the Association of Southeast Asian Nations. These include equities, derivatives, offshore, and Islamic products. The company also provides exchange-related services, including trading, clearing, and settling, as well as depository services. It is home to hundreds of companies listed either on the main market or the ACE market, depending on size. The company's strategy emphasizes facilitating a more conducive trading environment, the availability of tradeable alternatives, and developing a regional marketplace with global access through collaborations and alliances, among other initiatives. Its primary source of revenue is securities trading, followed by derivatives trading.

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