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Ho Wah Genting Bhd (XKLS:9601) Interest Expense : RM-1.5 Mil (TTM As of Mar. 2024)


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What is Ho Wah Genting Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ho Wah Genting Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1.5 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. Ho Wah Genting Bhd's Operating Income for the three months ended in Mar. 2024 was RM 0.6 Mil. Ho Wah Genting Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.2 Mil. Ho Wah Genting Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 2.53. 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.

Ho Wah Genting Bhd Interest Expense Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Interest Expense Chart

Ho Wah Genting Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Apr22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.07 -0.37 -1.90 -1.90 -1.55

Ho Wah Genting Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.25 -0.60 -0.50 -0.19 -0.22

Ho Wah Genting 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-1.5 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.

Ho Wah Genting Bhd  (XKLS:9601) 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.

Ho Wah Genting Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM3.8 Mil.

Ho Wah Genting 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*0.566/-0.224
=2.53

* 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.

Ho Wah Genting Bhd (XKLS:9601) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ho Wah Genting Bhd (XKLS:9601) » Definitions » Interest Expense
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XKLS:0149 XKLS:5170 XKLS:7227 XKLS:0217 XKLS:7097 XKLS:4375 XKLS:6149 XKLS:7207 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 XKRX:247540 HUBB VRT SZSE:300014 SHSE:603195
Traded in Other Exchanges
N/A
Address
No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150
Website
https://www.hwgenting.com
Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

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