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CPE Technology Bhd (XKLS:5317) Interest Expense : RM-1.6 Mil (TTM As of Jun. 2023)


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What is CPE Technology Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CPE Technology Bhd's interest expense for the six months ended in Jun. 2023 was RM -1.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was RM-1.6 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. CPE Technology Bhd's Operating Income for the six months ended in Jun. 2023 was RM 40.2 Mil. CPE Technology Bhd's Interest Expense for the six months ended in Jun. 2023 was RM -1.6 Mil. CPE Technology Bhd's Interest Coverage for the quarter that ended in Jun. 2023 was 25.28. 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.


CPE Technology Bhd Interest Expense Historical Data

The historical data trend for CPE Technology 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.

CPE Technology Bhd Interest Expense Chart

CPE Technology Bhd Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
-1.43 -1.11 -0.78 -1.07 -1.59

CPE Technology Bhd Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense -1.43 -1.11 -0.78 -1.07 -1.59

CPE Technology Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 was RM-1.6 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.


CPE Technology Bhd  (XKLS:5317) 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.

CPE Technology Bhd's Interest Expense for the six months ended in Jun. 2023 was RM-1.6 Mil. Its Operating Income for the six months ended in Jun. 2023 was RM40.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was RM8.0 Mil.

CPE Technology Bhd's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*40.196/-1.59
=25.28

* 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.


CPE Technology Bhd (XKLS:5317) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6, Jalan Indah Gemilang 5, Taman Perindustrian Gemilang, Ulu Tiram, JHR, MYS, 81800
CPE Technology Bhd is an engineering support services provider principally involved in the manufacturing of precision-machined parts and components and the provision of CNC machining services. The precision-machined parts and components are then used by its customers in different industries which include, but not limited to, semiconductors, life science and medical devices, sports equipment, sensor equipment and security industries in Malaysia and overseas. The company utilizes CNC machining as its primary process such as milling, turning and lathing before going through associated secondary processes which include, but not limited to, polishing, grinding and sandblasting to produce precision-machined parts and components from metal rods and blocks.

CPE Technology Bhd (XKLS:5317) Headlines

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