MyTech Group Bhd (XKLS:7692) Interest Expense : RM-0.04 Mil (TTM As of Dec. 2023)

View and export this data going back to 1997. Start your Free Trial

What is MyTech Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MyTech Group Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.04 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. MyTech Group Bhd's Operating Income for the three months ended in Dec. 2023 was RM 1.16 Mil. MyTech Group Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.00 Mil. MyTech Group Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 580.00. 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.

MyTech Group Bhd Interest Expense Historical Data

The historical data trend for MyTech Group 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.

MyTech Group Bhd Interest Expense Chart

MyTech Group Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

Get a 7-Day Free Trial

-0.16

-0.15

-0.10

-0.08

MyTech Group 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															-0.02	-0.02	-0.02	-	-

MyTech Group 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-0.04 Mil.

MyTech Group Bhd (XKLS:7692) 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.

MyTech Group Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM1.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM0.00 Mil.

MyTech Group 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	*	1.16	/	-0.002
	=	580.00

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MyTech Group Bhd has enough cash to cover all of its debt. Its financial situation is stable.

MyTech Group Bhd (XKLS:7692) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MyTech Group Bhd (XKLS:7692) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Jalan Solaris, K-09-01, Block K, Solaris Mont Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.mytechgroup.com.my

MyTech Group Bhd formerly Widetech (Malaysia) Bhd is principally engaged as an investment holding company, provision of management services, and rental of properties. It has three operating segments: the Manufacturing of precision springs: Hotel operations; and Others which include investment holding, provision of management services, provision of financing services, and rental of properties. It generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Laos.

MyTech Group Bhd (XKLS:7692) Headlines

No Headlines