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Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Interest Expense : RM-10.71 Mil (TTM As of Dec. 2023)


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What is Sin Heng Chan (Malaysia) Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sin Heng Chan (Malaysia) Bhd's interest expense for the three months ended in Dec. 2023 was RM -2.90 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-10.71 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. Sin Heng Chan (Malaysia) Bhd's Operating Income for the three months ended in Dec. 2023 was RM 4.65 Mil. Sin Heng Chan (Malaysia) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -2.90 Mil. Sin Heng Chan (Malaysia) Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 1.60. 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.


Sin Heng Chan (Malaysia) Bhd Interest Expense Historical Data

The historical data trend for Sin Heng Chan (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.

Sin Heng Chan (Malaysia) Bhd Interest Expense Chart

Sin Heng Chan (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 -5.70 -4.42 -8.69 -9.49 -10.71

Sin Heng Chan (Malaysia) Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.52 -2.51 -2.59 -2.71 -2.90

Sin Heng Chan (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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-10.71 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.


Sin Heng Chan (Malaysia) Bhd  (XKLS:4316) 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.

Sin Heng Chan (Malaysia) Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-2.90 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM4.65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM143.52 Mil.

Sin Heng Chan (Malaysia) 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*4.653/-2.902
=1.60

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sin Heng Chan (Malaysia) Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Lorong Dungun Kiri, Level 3, Wisma E & C, Damansara Heights, Kuala Lumpur, MYS, 50490
Sin Heng Chan (Malaysia) Bhd is an agri-based group of companies engaged in oil palm plantation related activities and sale of fresh fruit bunches (FFB) and Energy and Facility Management. The company's operating segments consist of Plantation, Energy and facilities management, Investment holding, and Others. The Maximum revenue is generated from the Plantation segment.

Sin Heng Chan (Malaysia) Bhd (XKLS:4316) Headlines

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