Bumi Armada Bhd (XKLS:5210) Interest Expense : RM-324 Mil (TTM As of Mar. 2024)

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What is Bumi Armada Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bumi Armada Bhd's interest expense for the three months ended in Mar. 2024 was RM -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-324 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. Bumi Armada Bhd's Operating Income for the three months ended in Mar. 2024 was RM 345 Mil. Bumi Armada Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -79 Mil. Bumi Armada Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 4.36. 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.

Bumi Armada Bhd Interest Expense Historical Data

The historical data trend for Bumi Armada 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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Bumi Armada Bhd Interest Expense Chart

Bumi Armada Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-561.89

-490.69

-397.80

-369.57

-336.72

Bumi Armada 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															-91.77	-83.58	-83.03	-78.34	-79.12

Bumi Armada 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-324 Mil.

Bumi Armada Bhd (XKLS:5210) 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.

Bumi Armada Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-79 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM345 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM2,035 Mil.

Bumi Armada 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	*	345.249	/	-79.117
	=	4.36

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bumi Armada Bhd interest coverage is 3.11, which is low.

Bumi Armada Bhd (XKLS:5210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bumi Armada Bhd (XKLS:5210) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450

Website

https://www.bumiarmada.com

Bumi Armada Bhd is an international provider of offshore energy facilities and services. The company operates in two business segments. The Floating Production segment consists of Floating Production Storage Offloading and Floating Gas Solutions & Operations. The Offshore Marine Services segment consists of Offshore Support Vessel and Subsea Construction. The firm own, operate and provide FPSO vessels that are used for receiving hydrocarbons sourced from oilfields, focus on innovative solutions for the offshore liquefied natural gas industry; own, operate and charter vessels to provide support for exploration, development and production activities in the offshore oil and gas industry. Its geographical segments include Malaysia, Asia (excluding Malaysia), Africa, Europe, and Latin America.

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