Tropicana Bhd (XKLS:5401) Interest Expense : RM-200 Mil (TTM As of Mar. 2024)

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What is Tropicana Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tropicana Bhd's interest expense for the three months ended in Mar. 2024 was RM -44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-200 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. Tropicana Bhd's Operating Income for the three months ended in Mar. 2024 was RM 14 Mil. Tropicana Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -44 Mil. Tropicana Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 0.32. 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.

Tropicana Bhd Interest Expense Historical Data

The historical data trend for Tropicana 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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Tropicana Bhd Interest Expense Chart

Tropicana Bhd Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

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Dec22

Dec23

Interest Expense

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-75.85

-164.29

-201.45

-193.41

-206.52

Tropicana 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															-50.10	-50.22	-51.43	-54.78	-43.94

Tropicana 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-200 Mil.

Tropicana Bhd (XKLS:5401) 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.

Tropicana Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-44 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM14 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM1,687 Mil.

Tropicana 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	*	14.073	/	-43.937
	=	0.32

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. Tropicana Corp Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Tropicana Bhd (XKLS:5401) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tropicana Corp Bhd (XKLS:5401) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

No. 2A, Persiaran Surian, Unit 1301, Level 13, Tropicana Gardens Office Tower, Tropicana Indah, Petaling Jaya, SGR, MYS, 47810

Website

https://www.tropicanacorp.com.my

Tropicana Corp Bhd has diversified business interests including Property Development & Property Management, Property Investment, Recreation & Resorts, Investment Holdings and more. The company is organized into three segments - Property development and property management involved in the development of residential and commercial properties; Property investment, recreation and resort involved in the management and operation of hotels, resort, golf course, clubhouse and investments in commercial and other properties and Investment holding and others that provides landscape services, management and operation of private school services and other operations. Maximum revenue is generated by the property development and property management segment.

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