GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WMG Holdings Bhd (XKLS:6378) » Definitions » Interest Expense

WMG Holdings Bhd (XKLS:6378) Interest Expense : RM-11.1 Mil (TTM As of Sep. 2024)


View and export this data going back to 1996. Start your Free Trial

What is WMG Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. WMG Holdings Bhd's interest expense for the three months ended in Sep. 2024 was RM -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was RM-11.1 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. WMG Holdings Bhd's Operating Income for the three months ended in Sep. 2024 was RM 4.0 Mil. WMG Holdings Bhd's Interest Expense for the three months ended in Sep. 2024 was RM -2.2 Mil. WMG Holdings Bhd's Interest Coverage for the quarter that ended in Sep. 2024 was 1.81. 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.

WMG Holdings Bhd Interest Expense Historical Data

The historical data trend for WMG Holdings 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.

WMG Holdings Bhd Interest Expense Chart

WMG Holdings Bhd Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.94 -11.13 -10.96 -12.07 -13.06

WMG Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -3.44 -3.34 -2.81 -2.71 -2.23

WMG Holdings 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-11.1 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.

WMG Holdings Bhd  (XKLS:6378) 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.

WMG Holdings Bhd's Interest Expense for the three months ended in Sep. 2024 was RM-2.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was RM4.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was RM59.3 Mil.

WMG Holdings Bhd's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*4.042/-2.228
=1.81

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. WMG Holdings Bhd interest coverage is 3.94, which is low.

WMG Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » WMG Holdings Bhd (XKLS:6378) » Definitions » Interest Expense
Comparable Companies
XKLS:7219 XKLS:7043 XKLS:5048 XKLS:8435 XKLS:5371 XKLS:8486 XKLS:5165 XKLS:5009 XKLS:6211 XKLS:7140 CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387
Traded in Other Exchanges
N/A
Address
Wisma WMG, Lot 1 & 2, Jalan Indah Jaya, Taman Indah Jaya, Jalan Lintas Selatan, Sandakan, SBH, MYS, 90000
Website
https://www.wmghb.com.my
WMG Holdings Bhd is a Malaysia-based investment holding company. The company operates in three reportable segments namely the Property development segment, which includes the development of residential and commercial properties, property letting, and property management; Hardware, building materials, and related goods segment, which includes wholesaling and retailing of hardware, building materials, and related goods; and others segment. The company's projects are located in Kota Kinabalu and Sandakan.

WMG Holdings Bhd Headlines

No Headlines