Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Interest Expense : RM-15 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Malaysia Marine and Heavy Engineering Holdings Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Malaysia Marine and Heavy Engineering Holdings Bhd's interest expense for the three months ended in Mar. 2024 was RM -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-15 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. Malaysia Marine and Heavy Engineering Holdings Bhd's Operating Income for the three months ended in Mar. 2024 was RM 989 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -4 Mil. Malaysia Marine and Heavy Engineering Holdings Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 279.77. 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Interest Expense Historical Data

The historical data trend for Malaysia Marine and Heavy Engineering Holdings 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.

Malaysia Marine and Heavy Engineering Holdings Bhd Interest Expense Chart

Malaysia Marine and Heavy Engineering Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-0.91

-12.94

-14.18

-15.38

Malaysia Marine and Heavy Engineering Holdings 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															-3.42	-3.36	-3.74	-4.86	-3.54

Malaysia Marine and Heavy Engineering Holdings 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-15 Mil.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) 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.

Malaysia Marine and Heavy Engineering Holdings Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-4 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM989 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM258 Mil.

Malaysia Marine and Heavy Engineering Holdings 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	*	988.998	/	-3.535
	=	279.77

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

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sultan Hishamuddin, Level 31, Menara Dayabumi, Kuala Lumpur, MYS, 50050

Website

https://www.mhb.com.my

Malaysia Marine and Heavy Engineering Holdings Bhd is a marine and heavy engineering solutions provider for a range of offshore and onshore facilities and vessels. The company operates through three segments. Its Heavy engineering Business segment is engaged in the provision of service for oil and gas engineering, construction and conversion works. The Marine segment offers repair services and dry docking of liquefied natural gas carriers. Its Other segment comprises of supporting divisions to the group operations and sludge disposal management. The company generates maximum revenue from the Heavy engineering Business segment.

Malaysia Marine and Heavy Engineering Holdings Bhd (XKLS:5186) Headlines

No Headlines