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Skygate Solutions Bhd (XKLS:7249) Interest Expense : RM-0.96 Mil (TTM As of Jun. 2024)


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What is Skygate Solutions Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Skygate Solutions Bhd's interest expense for the three months ended in Jun. 2024 was RM -0.22 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was RM-0.96 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. Skygate Solutions Bhd's Operating Income for the three months ended in Jun. 2024 was RM 0.56 Mil. Skygate Solutions Bhd's Interest Expense for the three months ended in Jun. 2024 was RM -0.22 Mil. Skygate Solutions Bhd's Interest Coverage for the quarter that ended in Jun. 2024 was 2.60. 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.

Skygate Solutions Bhd Interest Expense Historical Data

The historical data trend for Skygate Solutions 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.

Skygate Solutions Bhd Interest Expense Chart

Skygate Solutions 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 -7.54 -3.87 -1.41 -0.65 -1.03

Skygate Solutions Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.26 -0.26 -0.25 -0.23 -0.22

Skygate Solutions 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-0.96 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.

Skygate Solutions Bhd  (XKLS:7249) 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.

Skygate Solutions Bhd's Interest Expense for the three months ended in Jun. 2024 was RM-0.22 Mil. Its Operating Income for the three months ended in Jun. 2024 was RM0.56 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was RM41.46 Mil.

Skygate Solutions Bhd's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.558/-0.215
=2.60

* 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.

Skygate Solutions Bhd Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Skygate Solutions Bhd (XKLS:7249) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
No. 1, Lebuh Tunku Kudin 3, Suite 1-01-02 Menara IJM Land, Gelugor, MYS, 11700
Website
https://www.eweinberhad.com
Ewein Bhd is a Malaysia-based metal fabrication company. It operates through four business segments. The manufacturing segment involves the manufacturing of precision sheet metal fabricated parts and the design and fabrication of moulds, tools, and dies. The property development and construction segment comprises the development of residential properties and trading in construction materials. Property Management offers to let and manage an office building, factory building, heritage, and cultural property, and car park. The investment holding segment manages investment holding activities. Geographically, it has operations in Malaysia, China, Indonesia, and other countries. Maximum revenue is generated from the Property development and construction segment in Malaysia.

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