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Ireka Bhd (XKLS:8834) Interest Expense : RM-3.81 Mil (TTM As of Dec. 2024)


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What is Ireka Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ireka Bhd's interest expense for the three months ended in Dec. 2024 was RM -1.13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-3.81 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. Ireka Bhd's Operating Income for the three months ended in Dec. 2024 was RM -1.82 Mil. Ireka Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -1.13 Mil. Ireka Bhd did not have earnings to cover the interest expense. 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.


Ireka Bhd Interest Expense Historical Data

The historical data trend for Ireka 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.

Ireka Bhd Interest Expense Chart

Ireka Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.14 -9.70 -8.85 -2.10 -3.81

Ireka Bhd Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1.08 -0.95 -0.87 -0.86 -1.13

Ireka 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-3.81 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.


Ireka Bhd  (XKLS:8834) 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.

Ireka Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-1.13 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM-1.82 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM0.65 Mil.

Ireka Bhd's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Ireka Bhd did not have earnings to cover the interest expense.

* 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.


Ireka Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Jalan Kiara, Mont' Kiara, Level 18, Wisma Mont' Kiara, Kuala Lumpur, SGR, MYS, 50480
Ireka Corp Bhd is an investment holding company. Along with its subsidiaries, the company is organized into five reportable businesses, Construction, Property Development, Trading and Services, Property Investment, and Investment Holding. It derives maximum revenue from the Property development segment which is engaged in the development of commercial and residential properties such as residential, hotels, retail, offices, industrial parks, and specialist commercial complexes, and provides other real-estate related services. Geographically, the company predominantly operates in Malaysia.

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