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Baba Eco Group Bhd (XKLS:03012) Interest Expense : RM-1.02 Mil (TTM As of Oct. 2023)


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What is Baba Eco Group Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Baba Eco Group Bhd's interest expense for the six months ended in Oct. 2023 was RM -0.81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Oct. 2023 was RM-1.02 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. Baba Eco Group Bhd's Operating Income for the six months ended in Oct. 2023 was RM 2.28 Mil. Baba Eco Group Bhd's Interest Expense for the six months ended in Oct. 2023 was RM -0.81 Mil. Baba Eco Group Bhd's Interest Coverage for the quarter that ended in Oct. 2023 was 2.81. 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.


Baba Eco Group Bhd Interest Expense Historical Data

The historical data trend for Baba Eco 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.

Baba Eco Group Bhd Interest Expense Chart

Baba Eco Group Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Interest Expense
Get a 7-Day Free Trial Premium Member Only -0.76 -0.75 -0.84 -0.90 -1.02

Baba Eco Group Bhd Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 -0.68 -0.18 -0.73 -0.21 -0.81

Baba Eco Group 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 semi-annually data reported by the company within the most recent 12 months, which was RM-1.02 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.


Baba Eco Group Bhd  (XKLS:03012) 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.

Baba Eco Group Bhd's Interest Expense for the six months ended in Oct. 2023 was RM-0.81 Mil. Its Operating Income for the six months ended in Oct. 2023 was RM2.28 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Oct. 2023 was RM5.99 Mil.

Baba Eco Group 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*2.277/-0.81
=2.81

* 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.


Baba Eco Group Bhd (XKLS:03012) Business Description

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Traded in Other Exchanges
N/A
Address
1384, Atas Lot 841, MK-1, Jalan Tasek, Seberang Perai Selatan, Pulau Pinang, Simpang Ampat, MYS, 14120
Baba Eco Group Bhd is an integrated gardening supplies provider under brand name Baba. The business activities of the group include manufacturing and trading of a diversified range of eco-friendly biodegradable plastic flower pots and planting media; the processing and trading of organic fertilizers and natural pesticides; and the trading of a diversified range of gardening accessories, seeds and agricultural produce. Geographically it serves both Malaysian and other international market.

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