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Avangaad Bhd (XKLS:5259) Interest Expense : RM-5.5 Mil (TTM As of Dec. 2024)


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What is Avangaad Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avangaad Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-5.5 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. Avangaad Bhd's Operating Income for the three months ended in Dec. 2024 was RM 31.2 Mil. Avangaad Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.7 Mil. Avangaad Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 42.22. 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.

Avangaad Bhd Interest Expense Historical Data

The historical data trend for Avangaad 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.

Avangaad Bhd Interest Expense Chart

Avangaad 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 -14.95 -11.23 -2.62 -8.34 -5.53

Avangaad 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 -1.65 -1.74 -1.60 -1.45 -0.74

Avangaad 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-5.5 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.

Avangaad Bhd  (XKLS:5259) 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.

Avangaad Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.7 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM31.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM73.0 Mil.

Avangaad 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*31.197/-0.739
=42.22

* 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.

Avangaad Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Avangaad Bhd (XKLS:5259) » Definitions » Interest Expense
Comparable Companies
XKLS:5077 XKLS:7013 XKLS:5145 XKLS:8346 XKLS:6521 XKLS:6254 XKLS:5173 HKSE:01919 BOM:532921 XTER:HLAG OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 XKRX:011200 SHSE:601018 ADX:ADNOCLS HKSE:00316
Traded in Other Exchanges
N/A
Address
No.2 Jalan Setiawangsa 11, Setiawangsa Business Suites, Unit C-3A-3A, Taman Setiawangsa, Kuala Lumpur, MYS, 54200
Website
https://www.eatechnique.com.my
Avangaad Bhd Formerly EA Technique (M) Bhd is engaged in the business of marine transportation and offshore storage of oil & gas and provision of port marine services. The company is an owner and operator of marine vessels. The company is involved in the charter of various types of tankers for the transportation and offshore storage of oil & gas, the charter of marine support vessels for the provision of port marine services and charter of Offshore Support Vessels in the form of fast crew boats to transport personnel/light cargoes between shore and platform, platform and platform and other offshore facilities. The company has sole operating segment which is Charter hire segment. The group operates in Malaysia.

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