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Southern Steel Bhd (XKLS:5665) Interest Expense : RM-41 Mil (TTM As of Dec. 2024)


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What is Southern Steel Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Southern Steel Bhd's interest expense for the three months ended in Dec. 2024 was RM -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-41 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. Southern Steel Bhd's Operating Income for the three months ended in Dec. 2024 was RM -6 Mil. Southern Steel Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -9 Mil. Southern Steel Bhd did not have earnings to cover the interest expense. 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.


Southern Steel Bhd Interest Expense Historical Data

The historical data trend for Southern Steel 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.

Southern Steel Bhd Interest Expense Chart

Southern Steel Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.99 -30.64 -29.95 -32.63 -43.50

Southern Steel 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 -11.26 -10.79 -10.80 -10.52 -9.10

Southern Steel 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-41 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.


Southern Steel Bhd  (XKLS:5665) 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.

Southern Steel Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-9 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM-6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM7 Mil.

Southern Steel Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Southern Steel Bhd did not have earnings to cover the interest expense.

* 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.


Southern Steel Bhd Business Description

Traded in Other Exchanges
N/A
Address
2435, Lorong Perusahaan 12, Prai Industrial Estate, Prai, PNG, MYS, 13600
Southern Steel Bhd is an investment holding company. The company's operating segment includes Steel products; Investment holding and others; and Hot rolled coil operations. Its Steel products segment includes manufacturing, sale, and trading in billets, steel bars, wire rods, wire mesh, pre-stressed concrete strands, bars and wires, steel pipes, steel wires, and other related products. Geographically, the group has its business in the regions of Malaysia, Taiwan, Papua New Guinea, Philippines, Bangladesh, Japan, Singapore, Indonesia, the United States of America, Australia, and others of which the majority of the revenue is derived from the Malaysia region.

Southern Steel Bhd Headlines

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