GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Interest Expense

V.S Industry Bhd (XKLS:6963) Interest Expense : RM-43 Mil (TTM As of Jan. 2024)


View and export this data going back to 1998. Start your Free Trial

What is V.S Industry Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. V.S Industry Bhd's interest expense for the three months ended in Jan. 2024 was RM -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was RM-43 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. V.S Industry Bhd's Operating Income for the three months ended in Jan. 2024 was RM 18 Mil. V.S Industry Bhd's Interest Expense for the three months ended in Jan. 2024 was RM -12 Mil. V.S Industry Bhd's Interest Coverage for the quarter that ended in Jan. 2024 was 1.56. 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.

V.S Industry Bhd Interest Expense Historical Data

The historical data trend for V.S Industry 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.

V.S Industry Bhd Interest Expense Chart

V.S Industry Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.57 -16.46 -10.65 -11.46 -39.88

V.S Industry Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -11.40 -10.64 -9.64 -10.85 -11.60

V.S Industry 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-43 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.

V.S Industry Bhd  (XKLS:6963) 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.

V.S Industry Bhd's Interest Expense for the three months ended in Jan. 2024 was RM-12 Mil. Its Operating Income for the three months ended in Jan. 2024 was RM18 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was RM578 Mil.

V.S Industry Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jan. 2024 )/Interest Expense (Q: Jan. 2024 )
=-1*18.097/-11.596
=1.56

* 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.

V.S Industry Bhd (XKLS:6963) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » V.S Industry Bhd (XKLS:6963) » Definitions » Interest Expense
Comparable Companies
XKLS:0270 XKLS:7100 XKLS:5311 XKLS:8907 XKLS:7195 XKLS:0127 XKLS:8176 XKLS:0028 XKLS:0083 XKLS:0111 APH TPE:2317 TEL SZSE:002475 TSE:6981 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
No. 88 Jalan I-Park SAC 5, Taman Perindustrian I-Park SAC, Senai, JHR, MYS, 81400
Website
http://www.vs-i.com
V.S Industry Bhd is engaged in the manufacturing, assembling, and sale of electronic and electrical products and plastic moulded components and parts. It is an integrated Electronics Manufacturing Services (EMS) provider in the region. The manufacturing services include plastic injection mould design and fabrication, a wide range of injection tonnage and finishing processes, large-scale production of printed circuit boards, automated assembly, and final processes of packaging and logistics. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in the United States of America, Europe, Indonesia, Singapore, the People's Republic of China, and others.

V.S Industry Bhd (XKLS:6963) Headlines

No Headlines