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P I E Industrial Bhd (XKLS:7095) Interest Expense : RM-3 Mil (TTM As of Dec. 2023)


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What is P I E Industrial Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. P I E Industrial Bhd's interest expense for the three months ended in Dec. 2023 was RM -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-3 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. P I E Industrial Bhd's Operating Income for the three months ended in Dec. 2023 was RM 33 Mil. P I E Industrial Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -1 Mil. P I E Industrial Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 48.21. 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.


P I E Industrial Bhd Interest Expense Historical Data

The historical data trend for P I E Industrial 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.

P I E Industrial Bhd Interest Expense Chart

P I E Industrial 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 -0.57 -0.01 -0.27 -1.40 -2.70

P I E Industrial Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.55 -0.90 -0.62 -0.51 -0.68

P I E Industrial 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-3 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.


P I E Industrial Bhd  (XKLS:7095) 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.

P I E Industrial Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-1 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM33 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM0 Mil.

P I E Industrial Bhd's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*32.543/-0.675
=48.21

* 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.


P I E Industrial Bhd (XKLS:7095) Business Description

Traded in Other Exchanges
N/A
Address
Plot 4, Jalan Jelawat Satu, Seberang Jaya Industrial Estate, Seberang Jaya, Seberang Perai, PNG, MYS, 13700
P I E Industrial Bhd is principally involved in investment holding and the provision of management services. The group has three reportable segments, Manufacturing of industrial products, Trading of electrical materials, and Investment holding. Manufacturing of industrial products includes cables and wires for electronic devices, cable molding compounds and PCB assemblies, cable and wire harnesses to the computer, communication, consumer electronic industry, and cable assemblies. Trading of electrical materials includes peripheral products of computers, telecommunication, consumer electronics, and cable assembly products. Manufacturing of industrial products generates the majority of the revenue.

P I E Industrial Bhd (XKLS:7095) Headlines

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