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Comfort Gloves Bhd (XKLS:2127) Interest Expense : RM-1.8 Mil (TTM As of Mar. 2024)


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What is Comfort Gloves Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Comfort Gloves Bhd's interest expense for the three months ended in Mar. 2024 was RM -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-1.8 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. Comfort Gloves Bhd's Operating Income for the three months ended in Mar. 2024 was RM -13.2 Mil. Comfort Gloves Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -0.1 Mil. Comfort Gloves Bhd did not have earnings to cover the interest expense. 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.

Comfort Gloves Bhd Interest Expense Historical Data

The historical data trend for Comfort Gloves 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.

Comfort Gloves Bhd Interest Expense Chart

Comfort Gloves Bhd Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.48 -3.99 -2.77 -1.87 -2.13

Comfort Gloves Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 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 -0.47 -0.61 -0.54 -0.51 -0.13

Comfort Gloves 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-1.8 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.

Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-0.1 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM-13.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM8.0 Mil.

Comfort Gloves Bhd's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Comfort Gloves Bhd did not have earnings to cover the interest expense.

* 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.

Comfort Gloves Bhd (XKLS:2127) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Comfort Gloves Bhd (XKLS:2127) » Definitions » Interest Expense
Comparable Companies
XKLS:0163 XKLS:5079 XKLS:7191 XKLS:9113 XKLS:0182 XKLS:0157 ISRG XPAR:EL BDX XSWX:ALC TSE:7741 WST OCSE:COLO B RMD TSE:4543 XSWX:STMN BAX XPAR:DIM HOLX TSE:7733
Traded in Other Exchanges
N/A
Address
Lot 821, Jalan Matang, Matang, Taiping, PRK, MYS, 34750
Website
https://www.comfort-rubber.com.my
Comfort Gloves Bhd is engaged in the manufacture and trading of natural and synthetic specialty examination gloves. It has four segments. The manufacturing segment, which is the key revenue driver, is engaged in the manufacture and trading of latex gloves. The investment holding segment comprises investment holding and the provision of management services. Its Trading segment is involved in the trading of latex gloves. The company has two manufacturing plants located in Simpang and Matang, Taiping. Its key markets are Malaysia, the United States of America and Canada, Asia, Europe, and others.

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