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Coastal Contracts Bhd (XKLS:5071) Interest Expense : RM-3.16 Mil (TTM As of Dec. 2024)


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What is Coastal Contracts Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Coastal Contracts Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.62 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-3.16 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. Coastal Contracts Bhd's Operating Income for the three months ended in Dec. 2024 was RM -2.38 Mil. Coastal Contracts Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.62 Mil. Coastal Contracts Bhd did not have earnings to cover the interest expense. 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.

Coastal Contracts Bhd Interest Expense Historical Data

The historical data trend for Coastal Contracts 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.

Coastal Contracts Bhd Interest Expense Chart

Coastal Contracts Bhd Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.69 -12.58 -6.59 -4.31 -2.97

Coastal Contracts Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Mar24 Jun24 Sep24 Dec24
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 -1.58 -0.95 -0.82 -0.77 -0.62

Coastal Contracts 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-3.16 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.

Coastal Contracts Bhd  (XKLS:5071) 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.

Coastal Contracts Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.62 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM-2.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM0.98 Mil.

Coastal Contracts Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Coastal Contracts Bhd did not have earnings to cover the interest expense.

* 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.

Coastal Contracts Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coastal Contracts Bhd (XKLS:5071) » Definitions » Interest Expense
Comparable Companies
XKLS:5142 XKLS:5218 XKLS:5132 XKLS:5255 XKLS:5186 XKLS:7108 XKLS:5133 XKLS:7228 XKLS:5078 XKLS:5257 SLB BKR MIL:TEN HAL FTI SHSE:601808 XPAR:TE XPAR:GTT SHSE:600968 SGX:5E2
Traded in Other Exchanges
N/A
Address
Block G, W.D.T. 259, Lot 3B, Bandar Leila, Sandakan, SBH, MYS, 90009
Website
https://www.coastalcontracts.com
Coastal Contracts Bhd provides marine products and services to the shipping, oil and gas, and commodities industries. Along with its subsidiaries, it operates in the following segments; Gas processing which provides onshore gas conditioning and jack-up gas compression services; Vessels manufacturing and repairing services segment which is engaged in the fabrication and sale of offshore support and marine transportation vessels, and provision of ship repairs and maintenance services; and the Vessels chartering and equipment hire segment which provides vessels transportation and equipment hiring services. Maximum revenue for the company is generated from the Gas processing segment. Geographically, it derives key revenue from Mexico followed by China, Malaysia, Saudi Arabia, and others.

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