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Lagenda Properties Bhd (XKLS:7179) Interest Expense : RM-18.3 Mil (TTM As of Mar. 2024)


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What is Lagenda Properties Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lagenda Properties Bhd's interest expense for the three months ended in Mar. 2024 was RM -4.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-18.3 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. Lagenda Properties Bhd's Operating Income for the three months ended in Mar. 2024 was RM 60.3 Mil. Lagenda Properties Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -4.8 Mil. Lagenda Properties Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 12.57. 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.


Lagenda Properties Bhd Interest Expense Historical Data

The historical data trend for Lagenda Properties 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.

Lagenda Properties Bhd Interest Expense Chart

Lagenda Properties 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 -10.08 -9.56 -13.05 -15.30 -18.30

Lagenda Properties Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -4.78 -5.37 -5.81 -2.34 -4.80

Lagenda Properties 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-18.3 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.


Lagenda Properties Bhd  (XKLS:7179) 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.

Lagenda Properties Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-4.8 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM60.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM442.7 Mil.

Lagenda Properties 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*60.271/-4.796
=12.57

* 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.


Lagenda Properties Bhd (XKLS:7179) Business Description

Traded in Other Exchanges
N/A
Address
Pusat Bandar Seri Manjung Seksyen 2, Level 4, No. 131, Persiaran PM2/1, Seri Manjung, PRK, MYS, 32040
Lagenda Properties Bhd is engaged in the construction business. The company constructs residential properties with facilities like swimming pool, garden area, golf course, fitness area, and jogging tracks. The operating segments of the company include Property Development, Construction and Trading. The company derives key revenue from the Property development segment which involves property development activities and the sale of completed units. The group operates in Malaysia.

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