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Malayan Flour Mills Bhd (XKLS:3662) Interest Expense : RM-53 Mil (TTM As of Mar. 2024)


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What is Malayan Flour Mills Bhd Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Malayan Flour Mills Bhd's interest expense for the three months ended in Mar. 2024 was RM -11 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was RM-53 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. Malayan Flour Mills Bhd's Operating Income for the three months ended in Mar. 2024 was RM 52 Mil. Malayan Flour Mills Bhd's Interest Expense for the three months ended in Mar. 2024 was RM -11 Mil. Malayan Flour Mills Bhd's Interest Coverage for the quarter that ended in Mar. 2024 was 4.83. 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.


Malayan Flour Mills Bhd Interest Expense Historical Data

The historical data trend for Malayan Flour Mills 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.

Malayan Flour Mills Bhd Interest Expense Chart

Malayan Flour Mills 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 -29.68 -26.73 -20.82 -41.77 -57.15

Malayan Flour Mills 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 -15.11 -16.11 -13.46 -12.47 -10.69

Malayan Flour Mills 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-53 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.


Malayan Flour Mills Bhd  (XKLS:3662) 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.

Malayan Flour Mills Bhd's Interest Expense for the three months ended in Mar. 2024 was RM-11 Mil. Its Operating Income for the three months ended in Mar. 2024 was RM52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was RM67 Mil.

Malayan Flour Mills 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*51.638/-10.692
=4.83

* 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.


Malayan Flour Mills Bhd (XKLS:3662) Business Description

Traded in Other Exchanges
N/A
Address
Level 28, Menara Citibank, Suite 28.01, 165 Jalan Ampang, Kuala Lumpur, SGR, MYS, 50450
Malayan Flour Mills Bhd is engaged in the flour milling industry in Malaysia. It has three operating segments; Flour and grain trading segment includes Milling and selling wheat flour and trading in grain and other allied products, Poultry integration segment includes Manufacture and sale of animal feeds, processing and sale of poultry products, poultry grow-out farm, breeding and sale of day-old-chicks and contract farming activities, and Other segment include Manufacture and sale of aqua feeds, re-measurement of contingent consideration receivable and provision for profit guarantee payment. Maximum revenue is generated by the Flour and grains trading segment. Geographically, Malaysia generates a majority of the revenue for the company.

Malayan Flour Mills Bhd (XKLS:3662) Headlines

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