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AGX Group Bhd (XKLS:0299) Interest Expense : RM Mil (TTM As of Dec. 2022)


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What is AGX Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AGX Group Bhd's interest expense for the six months ended in Dec. 2022 was RM -1.3 Mil. AGX Group Bhd does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. AGX Group Bhd's Operating Income for the six months ended in Dec. 2022 was RM 12.5 Mil. AGX Group Bhd's Interest Expense for the six months ended in Dec. 2022 was RM -1.3 Mil. AGX Group Bhd's Interest Coverage for the quarter that ended in Dec. 2022 was 9.92. 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.


AGX Group Bhd Interest Expense Historical Data

The historical data trend for AGX Group 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.

AGX Group Bhd Interest Expense Chart

AGX Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Interest Expense
-1.55 -1.47 -1.26

AGX Group Bhd Semi-Annual Data
Dec20 Dec21 Dec22
Interest Expense -1.55 -1.47 -1.26

AGX Group Bhd Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


AGX Group Bhd  (XKLS:0299) 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.

AGX Group Bhd's Interest Expense for the six months ended in Dec. 2022 was RM-1.3 Mil. Its Operating Income for the six months ended in Dec. 2022 was RM12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was RM3.5 Mil.

AGX Group Bhd's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*12.543/-1.264
=9.92

* 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.


AGX Group Bhd (XKLS:0299) Business Description

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Traded in Other Exchanges
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Address
Jalan USJ 10/1A, Unit 1A-C and Unit 2A-C, 2nd Floor, Pusat Perniagaan USJ 10, UEP Subang Jaya, SGR, MYS, 47610
AGX Group Bhd is a logistics service provider. It is a 3PL service provider that comprises sea and air freight forwarding, aerospace logistics, warehousing and other 3PL, and road freight transportation services. It also provides services to assist senders or receivers in transporting their goods from the point of origin to their final destinations and has services in all the countries and has a physical presence, namely Malaysia, the Philippines, Korea, Myanmar, and Singapore. Its sea and air freight forwarding services are mostly concerned with organizing the transportation of cargo for our customers, starting from the point of origin and ending when the freight is delivered to its final destination. Sea and air freight forwarding services generate maximum revenue for the company.

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