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M & A Equity Holdings Bhd (XKLS:7082) Interest Expense : RM-1.96 Mil (TTM As of Mar. 2024)


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What is M & A Equity Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M & A Equity Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1.96 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. M & A Equity Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 6.92 Mil. M & A Equity Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.50 Mil. M & A Equity Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 13.82. 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.


M & A Equity Holdings Bhd Interest Expense Historical Data

The historical data trend for M & A Equity 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.

M & A Equity Holdings Bhd Interest Expense Chart

M & A Equity Holdings Bhd Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.96 -4.34 -4.18 -1.49 -

M & A Equity Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 -0.39 -0.34 -0.63 -0.49 -0.50

M & A Equity 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-1.96 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.


M & A Equity Holdings Bhd  (XKLS:7082) 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.

M & A Equity Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.50 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM6.92 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM16.27 Mil.

M & A Equity Holdings 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*6.924/-0.501
=13.82

* 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.


M & A Equity Holdings Bhd (XKLS:7082) Business Description

Traded in Other Exchanges
N/A
Address
No. 47-11, The Boulevard Mid Valley City, Lingkaran Syed Putra, Kuala Lumpur, SGR, MYS, 43500
M & A Equity Holdings Bhd is an investment holding company. The company's segments include Financial Service, Property Investment and development and Investment Holding. The Financial services segment represents the company's business, offering a range of financial services to its clients, comprising stock brokerage services, corporate finance advisory services as well as margin financing services to complement its stockbroking business. The property investment and development segment includes the developer of high-rise residential project. The investment holding segment functions as a supporting division to the Group. Its Investment Holding segment activities include corporate and management services to the Group. The company earns majority of its revenue from Financial Services.

M & A Equity Holdings Bhd (XKLS:7082) Headlines

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