CN Asia Bhd (XKLS:7986) Interest Expense : RM-0.27 Mil (TTM As of Dec. 2023)

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What is CN Asia Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CN Asia Bhd's interest expense for the three months ended in Dec. 2023 was RM -0.10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was RM-0.27 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. CN Asia Bhd's Operating Income for the three months ended in Dec. 2023 was RM 0.41 Mil. CN Asia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM -0.10 Mil. CN Asia Bhd's Interest Coverage for the quarter that ended in Dec. 2023 was 4.14. 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.

CN Asia Bhd Interest Expense Historical Data

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

CN Asia Bhd Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

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-0.58

-0.04

-0.07

-0.14

-0.19

CN Asia Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-0.10	-0.09	-0.09	-0.09	-0.10

CN Asia 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-0.27 Mil.

CN Asia Bhd (XKLS:7986) 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.

CN Asia Bhd's Interest Expense for the three months ended in Dec. 2023 was RM-0.10 Mil. Its Operating Income for the three months ended in Dec. 2023 was RM0.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was RM3.05 Mil.

CN Asia 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	*	0.414	/	-0.1
	=	4.14

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

CN Asia Bhd (XKLS:7986) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CN Asia Corp Bhd (XKLS:7986) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Jalan Balakong, Lot 7907, Batu 11, Ground Floor Office Building, Seri Kembangan, SGR, MYS, 43300

Website

https://www.cnasia.com

CN Asia Corp Bhd is an investment holding company. It is engaged in the manufacturing and trading of underground and skid tanks, dish ends, pressure vessels, road tankers, and piping for the petroleum industry as well as specialized engineering and fabrication works, and sub-contractor for civil engineering work. The company segments include Manufacturing, Investment, Energy Management, and Financial Services. It generates maximum revenue from the Manufacturing segment.

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