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ARK Resources Bhd (XKLS:7007) Interest Expense : RM-0.0 Mil (TTM As of Sep. 2024)


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What is ARK Resources Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ARK Resources Bhd's interest expense for the three months ended in Sep. 2024 was RM 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was RM-0.0 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. ARK Resources Bhd's Operating Income for the three months ended in Sep. 2024 was RM 0.9 Mil. ARK Resources Bhd's Interest Expense for the three months ended in Sep. 2024 was RM 0.0 Mil. ARK Resources Bhd has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


ARK Resources Bhd Interest Expense Historical Data

The historical data trend for ARK 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.

ARK Resources Bhd Interest Expense Chart

ARK Resources Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.01 -0.01 -0.01

ARK Resources Bhd Quarterly Data
Sep19 Dec19 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 - - -0.01 - -

ARK 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.0 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.


ARK Resources Bhd  (XKLS:7007) 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.

ARK Resources Bhd's Interest Expense for the three months ended in Sep. 2024 was RM0.0 Mil. Its Operating Income for the three months ended in Sep. 2024 was RM0.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was RM0.0 Mil.

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

ARK Resources Bhd had no long-term debt (1).

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. ARK Resources Bhd has enough cash to cover all of its debt. Its financial situation is stable.


ARK Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
1-01-9 (1-SKY) Tingkat Mahsuri 2, Bayan Lepas, PNG, MYS, 11950
ARK Resources Bhd is a Malaysia-based company engaged in civil, building construction, engineering works, provision of management services, and investment holding. The operating segments of the group are Property development; Construction; and Management and investment holding. It generates key revenue from the Construction segment. The group is engaged in property development and construction and its related services in Malaysia.

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