Chin Hin Group Property Bhd (XKLS:7187) Interest Expense : RM-12.6 Mil (TTM As of Mar. 2024)

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What is Chin Hin Group Property Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chin Hin Group Property Bhd's interest expense for the three months ended in Mar. 2024 was RM -3.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-12.6 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. Chin Hin Group Property Bhd's Operating Income for the three months ended in Mar. 2024 was RM 3.3 Mil. Chin Hin Group Property Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -3.7 Mil. Chin Hin Group Property Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 0.89. 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.

Chin Hin Group Property Bhd Interest Expense Historical Data

The historical data trend for Chin Hin Group Property 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.

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Chin Hin Group Property Bhd Interest Expense Chart

Chin Hin Group Property Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Dec23

Interest Expense

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-1.08

-2.25

-3.07

-4.35

-10.06

Chin Hin Group Property 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															-1.23	-2.12	-3.02	-3.70	-3.73

Chin Hin Group Property 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-12.6 Mil.

Chin Hin Group Property Bhd (XKLS:7187) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Chin Hin Group Property Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-3.7 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM3.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM305.6 Mil.

Chin Hin Group Property 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	*	3.337	/	-3.731
	=	0.89

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Chin Hin Group Property Bhd interest coverage is 1.17, which is low.

Chin Hin Group Property Bhd (XKLS:7187) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Chin Hin Group Property Bhd (XKLS:7187) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

1177 Jalan Dato Keramat, Nibong Tebal, Seberang Perai Selatan, PNG, MYS, 14300

Website

https://www.chinhinproperty.com

Chin Hin Group Property Bhd is an investment holding company. It has a diversified portfolio in Property development with five operating segments: Manufacturing and trading, Rental and fleet management services, Property Development, Construction, and Others. The majority of its revenue derives from the Construction segment which is mainly involved in general building contracting, civil works, and structural construction. Geographically it derives all its revenue from Malaysia.

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