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Petronas Chemicals Group Bhd (XKLS:5183) Interest Expense : RM-260 Mil (TTM As of Dec. 2024)


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What is Petronas Chemicals Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Petronas Chemicals Group Bhd's interest expense for the three months ended in Dec. 2024 was RM -95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-260 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. Petronas Chemicals Group Bhd's Operating Income for the three months ended in Dec. 2024 was RM 740 Mil. Petronas Chemicals Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -95 Mil. Petronas Chemicals Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 7.79. 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.

Petronas Chemicals Group Bhd Interest Expense Historical Data

The historical data trend for Petronas Chemicals Group 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.

Petronas Chemicals Group Bhd Interest Expense Chart

Petronas Chemicals Group Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.00 -29.00 -58.00 -100.00 -242.00

Petronas Chemicals Group Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -44.00 -43.00 -30.00 -92.00 -95.00

Petronas Chemicals Group 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-260 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.

Petronas Chemicals Group Bhd  (XKLS:5183) 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.

Petronas Chemicals Group Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-95 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM740 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM4,293 Mil.

Petronas Chemicals Group Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*740/-95
=7.79

* 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.

Petronas Chemicals Group Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Petronas Chemicals Group Bhd (XKLS:5183) » Definitions » Interest Expense
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XKLS:5330 XKLS:5284 XKLS:5143 XKLS:0349 XKLS:5147 XKLS:0301 TSE:4063 SAU:2010 XTER:BAS DOW SHSE:600989 SHSE:600346 TSE:4091 XKRX:051910 SZSE:002493 SHSE:600160 TSE:3407 SHSE:603260 SZSE:000301 SZSE:000408
Traded in Other Exchanges
PECGF:USA
Address
Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Website
https://www.petronas.com
Petronas Chemicals Group Bhd manufactures and sells a variety of petrochemicals. The firm organizes itself into three segments based on product type: Olefins and Derivatives; Fertilizers and Methanol and Specialties. The Olefins and Derivatives segment, which generates the majority of revenue, is engaged in manufacturing and marketing of a wide range of olefin and polymer products, such as Ethylene, Propylene, and Butyl Acetate among others, which are used as a basic feedstock for other products, to intermediate products including basic and high performance chemicals. The majority of the revenue comes from Malaysia and the rest from China, Thailand, Indonesia, Sweden and other regions.

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