GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Interest Expense

Wasco Bhd (XKLS:5142) Interest Expense : RM-59 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Wasco Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wasco Bhd's interest expense for the three months ended in Mar. 2024 was RM -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-59 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. Wasco Bhd's Operating Income for the three months ended in Mar. 2024 was RM 107 Mil. Wasco Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -15 Mil. Wasco Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 6.99. 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.

Wasco Bhd Interest Expense Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Interest Expense Chart

Wasco Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -54.65 -43.39 -36.15 -43.30 -58.74

Wasco Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -13.96 -15.23 -16.26 -12.51 -15.33

Wasco 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-59 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.

Wasco Bhd  (XKLS:5142) 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.

Wasco Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-15 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM107 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM259 Mil.

Wasco 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*107.158/-15.326
=6.99

* 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.

Wasco Bhd (XKLS:5142) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Interest Expense
Comparable Companies
XKLS:5218 XKLS:5186 XKLS:7108 XKLS:5132 XKLS:7228 XKLS:5255 XKLS:5133 XKLS:5257 XKLS:5078 XKLS:0219 SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR
Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Website
https://www.wahseong.com
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

No Headlines