Kim Loong Resources Bhd (XKLS:5027) Interest Expense : RM-3 Mil (TTM As of Oct. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Kim Loong Resources Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kim Loong Resources Bhd's interest expense for the three months ended in Oct. 2023 was RM -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was RM-3 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. Kim Loong Resources Bhd's Operating Income for the three months ended in Oct. 2023 was RM 70 Mil. Kim Loong Resources Bhd's Interest Expense for the three months ended in Oct. 2023 was RM -1 Mil. Kim Loong Resources Bhd's Interest Coverage for the quarter that ended in Oct. 2023 was 114.45. 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.

Kim Loong Resources Bhd Interest Expense Historical Data

The historical data trend for Kim Loong Resources 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.

Kim Loong Resources Bhd Interest Expense Chart

Kim Loong Resources Bhd Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Interest Expense

Get a 7-Day Free Trial

-1.08

-0.71

-1.01

-1.94

-2.40

Kim Loong Resources Bhd Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Interest Expense	Get a 7-Day Free Trial															-0.61	-0.65	-0.62	-0.64	-0.62

Kim Loong Resources 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was RM-3 Mil.

Kim Loong Resources Bhd (XKLS:5027) 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.

Kim Loong Resources Bhd's Interest Expense for the three months ended in Oct. 2023 was RM-1 Mil. Its Operating Income for the three months ended in Oct. 2023 was RM70 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Oct. 2023 was RM38 Mil.

Kim Loong Resources Bhd's Interest Coverage for the quarter that ended in Oct. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Oct. 2023 )	/	Interest Expense (Q: Oct. 2023 )
	=	-1	*	70.499	/	-0.616
	=	114.45

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. Kim Loong Resources Bhd has enough cash to cover all of its debt. Its financial situation is stable.

Kim Loong Resources Bhd (XKLS:5027) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kim Loong Resources Bhd (XKLS:5027) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

19, Jalan Wong Ah Fook, Lot 18.01, 18th Floor, Public Bank Tower, Johor Bahru, JHR, MYS, 80000

Website

http://www.kimloong.com.my

Kim Loong Resources Bhd is a Malaysia-based investment holding company. The primary business segments of the group are Plantation operations and Milling operations. Its Plantation segment includes the cultivation of oil palm activity. The milling segment includes the processing and marketing of oil palm products and power generation. The group operates in Malaysia and generates the majority of its revenue from the Milling segment.

Kim Loong Resources Bhd (XKLS:5027) Headlines

No Headlines