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United Malacca Bhd (XKLS:2593) Interest Expense : RM-8.7 Mil (TTM As of Jan. 2024)


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What is United Malacca Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. United Malacca Bhd's interest expense for the three months ended in Jan. 2024 was RM -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was RM-8.7 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. United Malacca Bhd's Operating Income for the three months ended in Jan. 2024 was RM 27.3 Mil. United Malacca Bhd's Interest Expense for the three months ended in Jan. 2024 was RM -2.2 Mil. United Malacca Bhd's Interest Coverage for the quarter that ended in Jan. 2024 was 12.68. 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.


United Malacca Bhd Interest Expense Historical Data

The historical data trend for United Malacca 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.

United Malacca Bhd Interest Expense Chart

United Malacca Bhd Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.17 -11.31 -6.76 -5.66 -7.52

United Malacca Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -2.07 -2.15 -2.20 -2.20 -2.16

United Malacca 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-8.7 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.


United Malacca Bhd  (XKLS:2593) 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.

United Malacca Bhd's Interest Expense for the three months ended in Jan. 2024 was RM-2.2 Mil. Its Operating Income for the three months ended in Jan. 2024 was RM27.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was RM3.4 Mil.

United Malacca Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*27.345/-2.156
=12.68

* 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.


United Malacca Bhd (XKLS:2593) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, No. 61, Jalan Melaka Raya 8, Taman Melaka Raya, Melaka, MLA, MYS, 75000
United Malacca Bhd is a Malaysia based oil palm cultivation company. The company's operating segment includes Plantation which includes cultivation of oil palm and palm oil milling and Investment holding. It generates maximum revenue from the Plantation segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Indonesia.

United Malacca Bhd (XKLS:2593) Headlines

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