MHC Plantations Bhd (XKLS:5026) Interest Expense : RM-2.5 Mil (TTM As of Sep. 2024)

View and export this data going back to 2000. Start your Free Trial

What is MHC Plantations Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MHC Plantations Bhd's interest expense for the three months ended in Sep. 2024 was RM -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was RM-2.5 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. MHC Plantations Bhd's Operating Income for the three months ended in Sep. 2024 was RM 18.2 Mil. MHC Plantations Bhd's Interest Expense for the three months ended in Sep. 2024 was RM -0.7 Mil. MHC Plantations Bhd's Interest Coverage for the quarter that ended in Sep. 2024 was 27.05. 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.

MHC Plantations Bhd Interest Expense Historical Data

The historical data trend for MHC Plantations 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.

MHC Plantations Bhd Interest Expense Chart

MHC Plantations Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-7.05

-4.78

-3.51

-2.05

-2.14

MHC Plantations Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-0.49	-0.54	-0.58	-0.72	-0.67

MHC Plantations 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-2.5 Mil.

MHC Plantations Bhd (XKLS:5026) 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.

MHC Plantations Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-0.7 Mil. Its Operating Income for the three months ended in Sep. 2024 was RM18.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was RM19.0 Mil.

MHC Plantations Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	18.23	/	-0.674
	=	27.05

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

MHC Plantations Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MHC Plantations Bhd (XKLS:5026) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kompleks Pejabat Behrang 2020, Jalan Persekutuan 1, Tanjong Malim, PRK, MYS, 35900

Website

https://www.mhc.com.my

MHC Plantations Bhd along with its subsidiaries is involved in the cultivation of oil palm, the operation of the quarry, milling, and sales of oil palm products, letting of oil palm collection center, investment holding, power generation, and property development. It operates in segments that include Plantation; which cultivates oil palm, Oil Mill; which mills and sells oil palm products, Power Plant; which generates power and sell biomass by-products. The Other Segment refers to the extraction and sale of earth stones, operation of a hotel and Others. The Oil Mill Segment generates maximum revenue for the company.

MHC Plantations Bhd Headlines

No Headlines