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Formosa Prosonic Industries Bhd (XKLS:9172) Interest Expense : RM-0.1 Mil (TTM As of Dec. 2024)


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What is Formosa Prosonic Industries Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Formosa Prosonic Industries Bhd's interest expense for the three months ended in Dec. 2024 was RM -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was RM-0.1 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. Formosa Prosonic Industries Bhd's Operating Income for the three months ended in Dec. 2024 was RM 40.7 Mil. Formosa Prosonic Industries Bhd's Interest Expense for the three months ended in Dec. 2024 was RM -0.0 Mil. Formosa Prosonic Industries Bhd's Interest Coverage for the quarter that ended in Dec. 2024 was 3,390.00. 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.


Formosa Prosonic Industries Bhd Interest Expense Historical Data

The historical data trend for Formosa Prosonic Industries 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.

Formosa Prosonic Industries Bhd Interest Expense Chart

Formosa Prosonic Industries Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.35 -0.21 -0.12 -0.10 -0.08

Formosa Prosonic Industries Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 -0.01 -0.03 -0.01 -0.04 -0.01

Formosa Prosonic Industries 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-0.1 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.


Formosa Prosonic Industries Bhd  (XKLS:9172) 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.

Formosa Prosonic Industries Bhd's Interest Expense for the three months ended in Dec. 2024 was RM-0.0 Mil. Its Operating Income for the three months ended in Dec. 2024 was RM40.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was RM0.0 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*40.68/-0.012
=3,390.00

* 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.

Good Sign:

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


Formosa Prosonic Industries Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Lebuh 1, Bandar Sultan Suleiman, Taiwanese Industrial Park, Port Klang, SGR, MYS, 42000
Formosa Prosonic Industries Bhd is a Malaysian based company. Together with its subsidiaries the company is engaged in manufacturing, assembly and sales of High quality speaker systems, investment holding. Its reportable segments are Malaysia and United Kingdom with the majority of the revenue generated from Malaysia. Its product portfolio includes wireless speaker products, conventional speaker products, musical instrument products and acoustic products. It also offers services including design services, manufacturing services, supply chain support and quality systems.

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