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GIIB Holdings Bhd (XKLS:7192) Interest Expense : RM-1.00 Mil (TTM As of Mar. 2024)


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What is GIIB Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GIIB Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.28 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1.00 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. GIIB Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 0.39 Mil. GIIB Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.28 Mil. GIIB Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1.41. 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.

GIIB Holdings Bhd Interest Expense Historical Data

The historical data trend for GIIB 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.

GIIB Holdings Bhd Interest Expense Chart

GIIB Holdings Bhd Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.48 -6.43 -4.25 -3.36 -0.99

GIIB Holdings Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 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 -0.23 -0.14 -0.24 -0.34 -0.28

GIIB 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-1.00 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.

GIIB Holdings Bhd  (XKLS:7192) 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.

GIIB Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.28 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM0.39 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM0.19 Mil.

GIIB 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*0.394/-0.28
=1.41

* 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.

GIIB Holdings Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GIIB Holdings Bhd (XKLS:7192) » Definitions » Interest Expense
Comparable Companies
XKLS:0190 XKLS:5198 XKLS:7811 XKLS:7132 XKLS:7096 XKLS:5242 XKLS:7004 XKLS:5220 XKLS:7773 XKLS:0263 TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
N/A
Address
Lot PT 1654 and PT 1657, Nilai Industrial Estate, Darul Khusus, Nilai, NSN, MYS, 71800
Website
https://www.giibworld.com
GIIB Holdings Bhd develops, manufactures, and markets rubber compounds and rubber related products in Malaysia. The company's operating segment includes Rubber compounds; Property development; Re-treading services; Trading and Others. It generates maximum revenue from the Rubber compounds segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in Europe; the Rest of Asia; Oceanic; Africa, and North America. The firm offers its products under the Supercool, Tough Tread and Rubtek brands.

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