LB Aluminium Bhd (XKLS:9326) Interest Expense : RM-8.6 Mil (TTM As of Jan. 2024)

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What is LB Aluminium Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LB Aluminium Bhd's interest expense for the three months ended in Jan. 2024 was RM -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was RM-8.6 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. LB Aluminium Bhd's Operating Income for the three months ended in Jan. 2024 was RM 19.9 Mil. LB Aluminium Bhd's Interest Expense for the three months ended in Jan. 2024 was RM -2.1 Mil. LB Aluminium Bhd's Interest Coverage for the quarter that ended in Jan. 2024 was 9.35. 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.

LB Aluminium Bhd Interest Expense Historical Data

The historical data trend for LB Aluminium 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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LB Aluminium Bhd Interest Expense Chart

LB Aluminium Bhd Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Interest Expense

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-6.25

-6.66

-5.27

-6.96

-9.62

LB Aluminium Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Interest Expense	Get a 7-Day Free Trial															-2.40	-2.38	-1.90	-2.15	-2.12

LB Aluminium 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-8.6 Mil.

LB Aluminium Bhd (XKLS:9326) 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.

LB Aluminium Bhd's Interest Expense for the three months ended in Jan. 2024 was RM-2.1 Mil. Its Operating Income for the three months ended in Jan. 2024 was RM19.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jan. 2024 was RM88.0 Mil.

LB Aluminium Bhd's Interest Coverage for the quarter that ended in Jan. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jan. 2024 )	/	Interest Expense (Q: Jan. 2024 )
	=	-1	*	19.86	/	-2.123
	=	9.35

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

LB Aluminium Bhd (XKLS:9326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » LB Aluminium Bhd (XKLS:9326) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Lot 11, Jalan Perusahaan 1, Kawasan Perusahaan Beranang, Semenyih, Beranang, SGR, MYS, 43700

Website

https://www.lbalum.com

LB Aluminium Bhd is engaged in the business of manufacturing, marketing, and trading aluminum extrusions. The company reports in two segments that are Aluminium and Property development. Their product acts as a raw material for transport, construction, consumer goods, packaging as well as electrical engineering due to its lightweight, excellent conductor of electricity, and durability in nature. Some of its products and services include Aluminium Extrusion, Aluminium Sheets / Coil, Fitting and accessories, Extrusion Presses, and Anodising. Its geographical segments include Malaysia, Singapore, North America, and Others.

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