Dayang Enterprise Holdings Bhd (XKLS:5141) Interest Expense : RM-1 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Dayang Enterprise Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dayang Enterprise Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1 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. Dayang Enterprise Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 55 Mil. Dayang Enterprise Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -3 Mil. Dayang Enterprise Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 17.99. 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.

Dayang Enterprise Holdings Bhd Interest Expense Historical Data

The historical data trend for Dayang Enterprise Holdings 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.

Dayang Enterprise Holdings Bhd Interest Expense Chart

Dayang Enterprise Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-34.42

-4.98

-2.73

-2.70

-5.65

Dayang Enterprise Holdings 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															-7.34	-8.25	-7.35	17.30	-3.07

Dayang Enterprise Holdings 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-1 Mil.

Dayang Enterprise Holdings Bhd (XKLS:5141) 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.

Dayang Enterprise Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-3 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM55 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM96 Mil.

Dayang Enterprise Holdings 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	*	55.174	/	-3.067
	=	17.99

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dayang Enterprise Holdings Bhd has enough cash to cover all of its debt. Its financial situation is stable.

Dayang Enterprise Holdings Bhd (XKLS:5141) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dayang Enterprise Holdings Bhd (XKLS:5141) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Taman Raja MCLD, Sublot 5 - 10, Lot 46, Block 10, Miri, SWK, MYS, 98000

Website

https://www.desb.net

Dayang Enterprise Holdings Bhd is an investment holding company. Its operating segments include Topside maintenance services and Marine offshore support services. Topside maintenance services include the provision of offshore topside maintenance services, minor fabrication works, and offshore hook-up and commissioning services for oil and gas companies. Marine offshore support services involve chartering of marine vessels and the provision of related support services, as well as catering of food and beverage. Dayang generates the majority of its revenues from Topside maintenance services.

Dayang Enterprise Holdings Bhd (XKLS:5141) Headlines

No Headlines