Swift Haulage Bhd (XKLS:5303) Interest Expense : RM-36.7 Mil (TTM As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Swift Haulage Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Swift Haulage Bhd's interest expense for the three months ended in Dec. 2024 was RM -9.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-36.7 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. Swift Haulage Bhd's Operating Income for the three months ended in Dec. 2024 was RM 16.6 Mil. Swift Haulage Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -9.4 Mil. Swift Haulage Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 1.76. 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.

Swift Haulage Bhd Interest Expense Historical Data

The historical data trend for Swift Haulage 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.

Swift Haulage Bhd Interest Expense Chart

Swift Haulage Bhd Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-29.56

-26.78

-26.88

-34.12

-36.66

Swift Haulage Bhd Quarterly Data
	Dec18	Dec19	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														-9.16	-8.56	-8.99	-9.67	-9.44

Swift Haulage 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-36.7 Mil.

Swift Haulage Bhd (XKLS:5303) 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.

Swift Haulage Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-9.4 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM16.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM592.7 Mil.

Swift Haulage 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	*	16.613	/	-9.435
	=	1.76

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. Swift Haulage Bhd interest coverage is 2.35, which is low.

Swift Haulage Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Swift Haulage Bhd (XKLS:5303) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 88, Jalan Batai Laut 4, Suite 8.02, Level 8, Intan Millennium Square 2, Taman Intan, Klang, SGR, MYS, 41300

Website

https://www.swiftlogistics.com.my

Swift Haulage Bhd is principally involved in providing integrated logistics services comprising the Container haulage, which derives key revenue, Land Transportation, Warehousing and container depot, and Freight forwarding. It has operations in Malaysia and Thailand. The Container haulage segment is engaged in Transporting laden containers to and from seaports and other locations within Peninsular Malaysia. The Land Transportation segment is into the Movement of cargo by road comprising inland transportation and cross-border transportation. Warehousing and container depot include warehousing services, rental of a warehouse, and open yard area. The freight forwarding segment is into Organising end-to-end transportation of cargo i.e. sea, air, and land freight forwarding.

Swift Haulage Bhd Headlines

No Headlines