Asia Brands Bhd (XKLS:7722) Interest Expense : RM-2.4 Mil (TTM As of Dec. 2023)

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What is Asia Brands Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Brands Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-2.4 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. Asia Brands Bhd's Operating Income for the three months ended in Dec. 2023 was RM 2.9 Mil. Asia Brands Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.8 Mil. Asia Brands Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 3.61. 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.

Asia Brands Bhd Interest Expense Historical Data

The historical data trend for Asia Brands 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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Asia Brands Bhd Interest Expense Chart

Asia Brands Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Interest Expense

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-6.32

-4.72

-3.46

-2.46

-2.14

Asia Brands 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															-0.51	-0.53	-0.58	-0.48	-0.81

Asia Brands 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-2.4 Mil.

Asia Brands Bhd (XKLS:7722) 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.

Asia Brands Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.8 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM2.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM19.8 Mil.

Asia Brands 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	*	2.923	/	-0.81
	=	3.61

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

Asia Brands Bhd (XKLS:7722) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Asia Brands Bhd (XKLS:7722) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 10449, Jalan Nenas, Batu 4.5, Kampung Jawa, Klang, SGR, MYS, 41000

Website

http://www.asiabrands.com.my

Asia Brands Bhd is an investment holding company. The company is engaged in the wholesale, retail, and distribution of ready-made casual wear, baby and children wear, lingerie and ladies' wear, and their related accessories. Geographically, it operates and derives revenue from Malaysia. It has two divisions namely Baby Products and Lingerie Products. It earns maximum revenue from Baby Products Division. Its Brands are Anakku, Disney Baby, First Care, Mini Care, and Hello Kitty.

Asia Brands Bhd (XKLS:7722) Headlines

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