Sarawak Oil Palms Bhd (XKLS:5126) Interest Expense : RM-33 Mil (TTM As of Mar. 2024)

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What is Sarawak Oil Palms Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sarawak Oil Palms Bhd's interest expense for the three months ended in Mar. 2024 was RM -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-33 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. Sarawak Oil Palms Bhd's Operating Income for the three months ended in Mar. 2024 was RM 106 Mil. Sarawak Oil Palms Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -7 Mil. Sarawak Oil Palms Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 14.19. 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.

Sarawak Oil Palms Bhd Interest Expense Historical Data

The historical data trend for Sarawak Oil Palms 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.

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Sarawak Oil Palms Bhd Interest Expense Chart

Sarawak Oil Palms Bhd Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-54.21

-42.25

-33.32

-29.27

-33.49

Sarawak Oil Palms 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															-8.42	-8.38	-8.59	-8.10	-7.49

Sarawak Oil Palms 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-33 Mil.

Sarawak Oil Palms Bhd (XKLS:5126) 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.

Sarawak Oil Palms Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM221 Mil.

Sarawak Oil Palms 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	*	106.333	/	-7.493
	=	14.19

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

Sarawak Oil Palms Bhd (XKLS:5126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sarawak Oil Palms Bhd (XKLS:5126) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 124-126, Jalan Bendahara, P.O. Box 547, Miri, SWK, MYS, 98000

Website

https://www.sop.com.my

Sarawak Oil Palms Bhd is a Malaysia-based company engaged in the principal activities of investment holding, cultivation of oil palms, and operations of palm oil mills. The primary businesses of the company are oil palm plantation, milling, refining of oil palm products, and trading of oil palm products. The operating segments of the group are Oil Palms and Property development. Its Oil Palms segment contributes majorly to the group's revenue. The company's geographical segments include Malaysia, Asia-Pacific, and Others.

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