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Skyworld Development Bhd (XKLS:5315) Interest Expense : RM-15.0 Mil (TTM As of Dec. 2024)


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What is Skyworld Development Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Skyworld Development Bhd's interest expense for the three months ended in Dec. 2024 was RM -2.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-15.0 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. Skyworld Development Bhd's Operating Income for the three months ended in Dec. 2024 was RM 23.9 Mil. Skyworld Development Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -2.8 Mil. Skyworld Development Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 8.39. 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.


Skyworld Development Bhd Interest Expense Historical Data

The historical data trend for Skyworld Development 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.

Skyworld Development Bhd Interest Expense Chart

Skyworld Development Bhd Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
-15.65 -18.51 -17.74 -14.77 -16.16

Skyworld Development Bhd Quarterly Data
Mar20 Mar21 Mar22 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 -4.02 -4.28 -4.02 -3.88 -2.85

Skyworld Development 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-15.0 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.


Skyworld Development Bhd  (XKLS:5315) 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.

Skyworld Development Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-2.8 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM23.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM211.0 Mil.

Skyworld Development 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*23.904/-2.848
=8.39

* 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.


Skyworld Development Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ampang Putra, Ground Floor, Block B, Wisma NTP World, Excella Business Park, Ampang, Kuala Lumpur, SGR, MYS, 55100
Skyworld Development Bhd is an urban property developer focusing on the development of high-rise residential and commercial as well as affordable properties. The company's operating segment includes Property Development, Property Management, Management Services and Investment Holding, and Construction. The company generates the majority of its revenue from the Property development segment, which is engaged in comprising development of high-rise residential, commercial, and affordable home. The company carries out all of its operations in Malaysia.

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