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MBM Resources Bhd (XKLS:5983) Interest Expense : RM-1 Mil (TTM As of Mar. 2024)


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What is MBM Resources Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MBM Resources Bhd's interest expense for the three months ended in Mar. 2024 was RM -0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1 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. MBM Resources Bhd's Operating Income for the three months ended in Mar. 2024 was RM 6 Mil. MBM Resources Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0 Mil. MBM Resources Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 39.59. 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.


MBM Resources Bhd Interest Expense Historical Data

The historical data trend for MBM Resources 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.

MBM Resources Bhd Interest Expense Chart

MBM Resources Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.10 -1.18 -0.54 -0.67 -0.93

MBM Resources 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 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 -0.10 -0.19 -0.34 -0.30 -0.15

MBM Resources 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-1 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.


MBM Resources Bhd  (XKLS:5983) 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.

MBM Resources Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM1 Mil.

MBM Resources 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*6.017/-0.152
=39.59

* 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.


MBM Resources Bhd (XKLS:5983) Business Description

Traded in Other Exchanges
N/A
Address
23-01, Level 23, Menara MBMR, 1 Jalan Syed Putra, Kuala Lumpur, MYS, 58000
MBM Resources Bhd is a Malaysian company that is in the business of motor trading and manufacturing auto parts. It has Motor trading, Auto parts manufacturing, and Other segments. The motor trading segment covers the marketing and distribution of motor vehicles, spare parts, and the provision of related services. Auto parts segment comprises manufacturing of automotive parts and components, steel and alloy wheels and discs, noise, vibration, and harshness products, and provision of tyre assembly services. The motor trading segment generates majority of the revenues for the company.

MBM Resources Bhd (XKLS:5983) Headlines

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