Ekovest Bhd (XKLS:8877) Interest Expense : RM-313 Mil (TTM As of Mar. 2024)

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What is Ekovest Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ekovest Bhd's interest expense for the three months ended in Mar. 2024 was RM -112 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-313 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. Ekovest Bhd's Operating Income for the three months ended in Mar. 2024 was RM 113 Mil. Ekovest Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -112 Mil. Ekovest Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 1.01. 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.

Ekovest Bhd Interest Expense Historical Data

The historical data trend for Ekovest 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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Ekovest Bhd Interest Expense Chart

Ekovest Bhd Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Interest Expense

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-296.45

-155.93

-196.51

-201.04

-226.71

Ekovest Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-61.53	-45.02	-59.13	-96.35	-112.09

Ekovest 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-313 Mil.

Ekovest Bhd (XKLS:8877) 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.

Ekovest Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-112 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM113 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM5,726 Mil.

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

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	113.064	/	-112.09
	=	1.01

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ekovest Bhds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Ekovest Bhd (XKLS:8877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ekovest Bhd (XKLS:8877) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 118 Jalan Gombak, Ground Floor, Wisma Ekovest, Kuala Lumpur, SGR, MYS, 53000

Website

https://www.ekovest.com.my

Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Toll Operations, Plantation; Food and beverages; Property investment, and Others. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.

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